Describe the poverty trend in India for the period of 1973 to 2000
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There is a substantial decline in the poverty ratio in India from about 55 per cent in 1973 to 36 per cent in 1993. This ratio has further come down to about 26 percent in 2000.
Although the poverty ratio during 1973-93 declined but the number of poor remained stable at around 320 million during this period of two decades. It may also be noted that poverty ratio always remained higher in rural areas compared to urban areas.
Although the poverty ratio during 1973-93 declined but the number of poor remained stable at around 320 million during this period of two decades. It may also be noted that poverty ratio always remained higher in rural areas compared to urban areas.
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The poverty trend in India for the period of 1973 to 2000 is as follows:
• There was a substantial decline in poverty ratios in India from about 55% in 1973 to 36% in 1993.
• A proportion of people below poverty line further came down to 26% in 2000.
• If it continues, the people below poverty line may come down to less than 20% in the next few years.
• According to the latest estimation there is a significant reduction in the number of poors to about 260 million.
#BE BRAINLY
• There was a substantial decline in poverty ratios in India from about 55% in 1973 to 36% in 1993.
• A proportion of people below poverty line further came down to 26% in 2000.
• If it continues, the people below poverty line may come down to less than 20% in the next few years.
• According to the latest estimation there is a significant reduction in the number of poors to about 260 million.
#BE BRAINLY
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