Describe how the poverty line is estimated in India? (class9 economics )
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- A person is considered poor if his or her income or consumption level falls below a given “minimum level” necessary to fulfill the basic needs. ... In India, the poverty line is estimated by multiplying the prices of physical quantities like food, clothing, footwear, fuel, light, education, etc. in rupees.
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Answer: A person is considered poor if his or her income or consumption level falls below a given “minimum level” necessary to fulfill the basic needs. ... In India, the poverty line is estimated by multiplying the prices of physical quantities like food, clothing, footwear, fuel, light, education, etc. in rupees.
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