Explain the poverty trends in India
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There is a substantial decline in poverty ratios in India from about 55 per cent in 1973 to 36 per cent in 1993. The proportion of people below poverty line further came down to about 26 per cent in 2000. If the trend continues, people below poverty line further came down to less than 20 per cent in the next few years.
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There is a substantial decline inpoverty ratios in India from about 55 per cent in 1973 to 36 per cent in 1993. The proportion of people below poverty line further came down to about 26 per cent in 2000. If the trend continues, people belowpoverty line further came down to less than 20 per cent in the next few years.
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