Question

Describe poverty trends in India since 1973.

Answer 1

Answer:

There is a substantial decline in poverty ratios in India from about 55 per cent in 1973 to 36 per cent in 1993. The proportion of people below poverty line further came down to about 26 per cent in 2000. If the trend continues, people below poverty line further came down to less than 20 per cent in the next few years.

Answer 2

Answer:

The Economic Survey of 2017-18 shows that although poverty has declined in the country, the number of poor still remains very high. The poverty ratio of 1993-94 for both rural and urban areas together was at 45% and the ratio for the year 2011-12 has declined down to 22%. However, the topic of concern still remains that there has not been any massive decline in the number of poor living in the country. From 404 million poor population in both rural and urban areas together in 1993-94. The poor population till 2011-12 remains to be 270 million for both rural and urban areas. The survey clearly tells that the concerned authorities must take some serious steps in order to make India a country free of poverty.