Question

Describe the 1973 poverty trends

Answer 1

Overall poverty tatio which was approximately 55% of the population in 1973-74 declined to 36% in 1993-94 and 26% in 1999-2000. As regards number of poor people which was 321 million in 1973-74 declined to 260 million in 1999-2000.

Answer 2

$\huge\underline\mathfrak\red{Poverty\:Trends:}$

• There is substantial decline in poverty rations in India from about 55% in 1973 to 36% in 1993.

• The proportion of people below poverty line further came down to about 26% in 2000.

• If the present trend continuous, people below poverty line may came down to less than 20% in the next five years.

• The number of poor remained stables around 320 million for a fairly long period.

• The latest estimates indicates a significant reduction in the number of poor about 260 million.