Question

1. Describe how the poverty line is estimated in India?
2. Do you think that present methodology of poverty estimation is appropriate?
3. Describe poverty trends in India since 1973?​

Answer 1

Answer:

Ans.1.): A person is considered poor if his or her income or consumption level falls below a given “minimum level” necessary to fulfil the basic needs. ... In India, the poverty line is estimated by multiplying the prices of physical quantities like food, clothing, footwear, fuel, light, education, etc.

Ans.2. No, the present methodology of poverty estimation is in appropriate because it takes into account only the basic needs of food, clothing, fuel, etc. ... (a) The amount which is fixed as the poverty line does not include the margin for price fluctuations and price rise which is constantly occurring.

Ans.3. There is a substantial decline in poverty ratios in India from about 55 per cent in 1973 to 36 per cent in 1993. The proportion of people below poverty line further came down to about 26 per cent in 2000. If the trend continues, people below poverty line further came down to less than 20 per cent in the next few years.

Explanation:

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Answer 2

Answer:

a7a

Explanation: