Question

Describe the poverty trends in India in 1973?

Answer 1

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.

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