Economy, asked by sanjanabodra, 1 year ago

1. what kind of people in India would be considered poor? or
how can we see poverty all around us. In point?

Answers

Answered by ςʍεɾίηα10
3
The fact is nobody quite knows. There are various estimates on the exact number of poor in India, and the counts have been mired in controversy.

This week the Planning Commission said 29.8% of India's 1.21 billion people live below the poverty line, a sharp drop from 37.2% in 2004-2005. (This means means around 360 million people currently live in poverty.) But one estimate suggests this figure could be as high as 77%.

The problem, believe many, is that the new count is based on fixing the poverty line for a person living on 28.65 rupees (56 cents/35p) a day in cities and 22.42 rupees (44 cents/33p) a day in villages.

This was lower than last year's recommendation by the Planning Commission to set the poverty line at 32 rupees (65c/40p) a day which stirred up a major debate across the country.

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