Question

Despite many policies, we have not been able to tackle the issue of poverty in a meaningful manner. Why? ​

Answer 1

Answer:

As follows

Explanation:

A common method used to measure poverty is based on income or consumption levels. A person is considered poor if his or her income or consumption level falls below a given “minimum level” necessary to fulfill basic needs. While determining the poverty line in India, a minimum level of food requirement, clothing, footwear, fuel and light, educational and medical requirement, etc. are determined for subsistence. These physical quantities are multiplied by their prices in rupees. The resent formula for food requirements while estimating the poverty line is based on the desired calorie requirement.