Economy, asked by Aadhi002, 8 months ago

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Answered by shrutijainjmu5p8kmpl
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a)The poverty ratio declined between 1993-94 and 2004-05 but the number of poor remained at about 407 million because the total population of the country increased during the same period.

b)No, the dynamics of poverty reduction are not the same in rural and urban areas because the conditions in both the areas are completely different. Urban area poverty has decreased due to expansion of the service sector, increased industrialisation and consequent increase of jobs.

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