Question

describe the poverty trends in India since 1973

Answer 1

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.

Answer 2

Answer:

There was a substantial decrease in poverty in India from about 55% in 1973 to 36% in 1993.

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

If the current trend continues then people below poverty line may come below 20% in the next few years.

Although the percentage of people below the poverty line is decreasing from 1973 the number of people living below the poverty line remain the same(about 320 million(

The latest estimate indicates a significant reduction in the number of poor to about 260 million.

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