Describe how the poverty line is estimated in india
Answers
Answer:
The poverty line is estimated in India in following ways:
Income Method: A person is considered poor if his or her income falls below a given minimum level necessary to fulfil basic needs.
Consumption Method: A minimum nutrititioal food requirement for survival is estimated and energy obtained is measured in calories. The accepted average of calory requirement in India.
Expenditure Method: While determining the poverty line in India a minimum level of food requirement, clothing , footwear, fuel, and light , educational and medical requirement etc. Are determined for subsistence
Explanation:
mark as brainlist
Answer:
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. This minimum level is called the poverty line. In India, the poverty line is estimated by multiplying the prices of physical quantities like food, clothing, footwear, fuel, light, education, etc. in rupees. The numbers involved in determining the poverty line vary for different years. Also, the poverty line for rural areas is different from that of the urban areas because the work, lifestyle and expenses are different for rural and urban areas.