Question

Describe poverty trends in India since 1973.​

Answer 1

Answer:

There was a substantial decline in poverty ratios in India from about 55% in 1973 to 36% in 1993. (a) The proportion of people below poverty line further came down to about 26 % in 2000. (b) If the trend continues, people below poverty, line may come down to less than 20 % in the next few years.

Answer 2

$\huge\bigstar\underline\mathfrak{Answer:-}$

⭐Poverty trends in India

◾There is a substantial decline in poverty ratios in India in the following ways:

$\longrightarrow$Poverty has reduced from 45% in 1993-94 to 37.2% in 2004-05.

$\longrightarrow$The proportion of People below poverty line further came down to 22% in 2011-12.

$\longrightarrow$If the trend continues,people below poverty line may come down to less than 20% in the next few years.

$\longrightarrow$The number of poor people declined from 407 millions in 2004-05 to 270 millions on 2011-12.

$\longrightarrow$The poverty had reduced at an average of 2.2% per annum during 2004-05 to 2011-12.