Question

Discuss trend of poverty since 1973 in India.

Answer 1

The trends in poverty since 1973 are
(i) There is substantial decline in poverty ratio from 55% in 1973 to 44.3% in 1993 and 21.9% in 2011-12.
(ii) Rural poverty has declined sharply from 56% in 1973 to 25.7% in 2011-12 and the numbers from 261 million to 216.5 million.
(iii) The latest estimates indicate a significant reduction in the total urban and rural number of poor to be about 269.3 million, down from 321 million in 1973.

Answer 2

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.