Describe the poverty trends in India since 1973
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Answer: There was a substantial decline in poverty ratios in India from about 55% in 1973 to 36% in 1993. (a) The proportion of people below poverty line further came down to about 26 % in 2000. (b) If the trend continues, people below poverty, line may come down to less than 20 % in the next few years.
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