Question

DESCRIBE IN THREE POINTS THE POVERTY TREND IN INDIA SINCE 1973 (PEOPLE AS A RESOURCE - ECO)

Answer 1

there is substantial decline in poverty ratio in India from above 45% in 1993 to 1994 to 37.2% in 2004 to 2005 the proportion of people below poverty line for the came down to about 21.9% in 2011 212 although the percentage of people living under poverty declined in the earlier two decades 1973 to 1993 the number of poor declined from 407. 1 million in 2004 to 2005 to 269. 3 million in 2011 to 12 with an average annual decline of 2.2 percentage points during 2004 to 5 to 2011 to 12