Question

Give a answer in 3-5 what is poverty line

Answer 1

Hi friend here is your answer

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Poverty line is the level of income to meet the minimum living conditions.
Poverty line is the amount of money needed for a person to meet his basic needs. It is defined as the money value of the goods and services needed to provide basic welfare to an individual.

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Day One Ish

Answer 2

•Poverty line refers to the cut off point in terms of per capita expenditure incurred by the people to satisfy basic needs.

•The people lying below this cut-off point are considered as poor.

•For example, if the per capita expenditure of Rs 300 per month is taken as a cutoff point, then those surviving on a monthly income of less than Rs 300 are considered as poor.

• According to the estimates, in 1999-2000, there were 260 million below poverty line.

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