define poverty line.....
Answers
Poverty line is the level of income to meet the minimum living conditions. Poverty line is the amount of money needed for a person to meet his basic needs. It is defined as the money value of the goods and services needed to provide basic welfare to an individual.
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Pᴏᴠᴇʀᴛʏ ʟɪɴᴇ ɪs ᴛʜᴇ ʟᴇᴠᴇʟ ᴏғ ɪɴᴄᴏᴍᴇ ᴛᴏ ᴍᴇᴇᴛ ᴛʜᴇ ᴍɪɴɪᴍᴜᴍ ʟɪᴠɪɴɢ ᴄᴏɴᴅɪᴛɪᴏɴs.
Pᴏᴠᴇʀᴛʏ ʟɪɴᴇ ɪs ᴛʜᴇ ᴀᴍᴏᴜɴᴛ ᴏғ ᴍᴏɴᴇʏ ɴᴇᴇᴅᴇᴅ ғᴏʀ ᴀ ᴘᴇʀsᴏɴ ᴛᴏ ᴍᴇᴇᴛ ʜɪs ʙᴀsɪᴄ ɴᴇᴇᴅs. Iᴛ ɪs ᴅᴇғɪɴᴇᴅ ᴀs ᴛʜᴇ ᴍᴏɴᴇʏ ᴠᴀʟᴜᴇ ᴏғ ᴛʜᴇ ɢᴏᴏᴅs ᴀɴᴅ sᴇʀᴠɪᴄᴇs ɴᴇᴇᴅᴇᴅ ᴛᴏ ᴘʀᴏᴠɪᴅᴇ ʙᴀsɪᴄ ᴡᴇʟғᴀʀᴇ ᴛᴏ ᴀɴ ɪɴᴅɪᴠɪᴅᴜᴀʟ.
Pᴏᴠᴇʀᴛʏ ʟɪɴᴇ ᴅɪғғᴇʀs ғʀᴏᴍ ᴏɴᴇ ᴄᴏᴜɴᴛʀʏ ᴛᴏ ᴀɴᴏᴛʜᴇʀ, ᴅᴇᴘᴇɴᴅɪɴɢ ᴜᴘᴏɴ ᴛʜᴇ ɪᴅᴇᴀ ᴏғ ᴘᴏᴠᴇʀᴛY....
⏬Pᴏᴠᴇʀᴛʏ ʟɪɴᴇ ɪɴ Iɴᴅɪᴀ⏬
Iɴᴅɪᴀ ɪs ʜᴀᴠɪɴɢ ᴀ ᴡᴇʟʟ-ᴅᴇsɪɢɴᴇᴅ ᴘᴏᴠᴇʀᴛʏ ᴍᴇᴀsᴜʀᴇᴍᴇɴᴛ ᴍᴇᴄʜᴀɴɪsᴍ ᴜɴᴅᴇʀ ᴛʜᴇ ᴇʀsᴛᴡʜɪʟᴇ Pʟᴀɴɴɪɴɢ Cᴏᴍᴍɪssɪᴏɴ. Tʜᴇ Pʟᴀɴɴɪɴɢ Cᴏᴍᴍɪssɪᴏɴ ᴡᴀs ᴛʜᴇ ɴᴏᴅᴀʟ ᴀɢᴇɴᴄʏ ғᴏʀ ᴇsᴛɪᴍᴀᴛɪᴏɴ ᴏғ ᴘᴏᴠᴇʀᴛʏ. Fᴏʀ sᴇᴛᴛɪɴɢ ᴘᴏᴠᴇʀᴛʏ ʟɪɴᴇ ᴀɴᴅ ᴍᴇᴛʜᴏᴅᴏʟᴏɢʏ ᴏғ ᴄᴏɴsᴛʀᴜᴄᴛɪɴɢ ɪᴛ, ᴛʜᴇ Pʟᴀɴɴɪɴɢ Cᴏᴍᴍɪssɪᴏɴ ᴀᴘᴘᴏɪɴᴛᴇᴅ Exᴘᴇʀᴛ Gʀᴏᴜᴘs ғʀᴏᴍ ᴛɪᴍᴇ ᴛᴏ ᴛɪᴍᴇ.
ғᴏʀ ᴇxᴀᴍᴘʟE -
ᴛʜᴇ RᴀɴɢᴀʀᴀJᴀɴ Cᴏᴍᴍɪᴛᴛᴇᴇ ɪs ᴛʜᴇ ʟᴀᴛᴇsᴛ ᴀᴍᴏɴɢ ᴛʜᴏsᴇ Exᴘᴇʀᴛ ɢʀᴏᴜᴘs. Tʀᴀᴅɪᴛɪᴏɴᴀʟʟʏ, ᴛʜᴇ ᴘʟᴀɴɴɪɴɢ ᴄᴏᴍᴍɪssɪᴏɴ ᴇsᴛɪᴍᴀᴛᴇs ᴛʜᴇ ɴᴜᴍʙᴇʀ ᴏғ ᴘᴇᴏᴘʟᴇ ʙᴇʟᴏᴡ ᴘᴏᴠᴇʀᴛʏ ʟɪɴᴇ ɪɴ sᴛᴀᴛᴇs ᴀs ᴡᴇʟʟ ᴀs ᴛʜᴇ ʀᴜʀᴀʟ ᴀɴᴅ ᴜʀʙᴀɴ ᴀʀᴇᴀs ʙᴀsᴇᴅ ᴜᴘᴏɴ ᴛʜᴇ ᴘʀᴇᴠᴀɪʟɪɴɢ ᴘᴏᴠᴇʀᴛʏ ᴇsᴛɪᴍᴀᴛɪᴏɴ ᴍᴇᴛʜᴏᴅᴏʟᴏɢʏ sᴜʙᴍɪᴛᴛᴇᴅ ʙʏ ᴛʜᴇ ᴇxᴘᴇʀᴛ ɢʀᴏᴜᴘs.