Accountancy, asked by shivamyadavji, 11 months ago

define poverty line plz tell..


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Answered by Anonymous
3
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The estimated minimum level of income needed to secure the necessities of life is called poverty line. The poverty line is a line or limit set by the government which tells whether a person comes under the middle class or the poor category.The people who are below this line are known as BPL or Below Poverty Line. It was based on minimum daily requirement of 2,400 and 2,100 calories for an adult in rural and urban areas, respectively.
Answered by trisha10433
6

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poverty line



•a minimum level by which is seen whether a person is able to fullfill his basic needs or not



poverty line may vary with time and place



•in india a minimum level of food requirement,clothing ,fuel and light,educational and medical requirement are determined for subistence,these physical quantities are multiplied by their prices



•the present formula for food requirement for estimating the poverty line is based on desired calorie requirement



•the calory needs vary depending on age,sex and type of work a person does



refer to the attachment



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