describe poverty trends in India since 1973 ??
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Answer:
There has been a substantial decline in the poverty ratios in India from about 54.9 per cent in 1973 to 36 per cent in 1993. The proportion of people below poverty line further came down to about 26 percent in 2000. However the number of poor people are constant around 320 million for a long time
Inequality in earning the income of the people is also a wide cause for poverty. The rapid rate of increase in population is also a factor of poverty. Due to urbanisation, there has been a continuous decline in the productivity of agriculture.
The global share of people in extreme poverty – those living on less than $1.90 a day – has decreased consistently since 1990, when it included over 35% of the world population, to less than 10% in 2015. ... In 2015, over one-fifth of the global population lived below $3.20 and almost a half lived below $5.50 a day
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Womankind, female new-borns and old people are said to be the poorest of the poor. Within a poor family, such individuals suffer more than the others. As per the fact, they are systematically denied equal access to the resources available to the family.
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