Economy, asked by RawatKhan, 11 months ago

✴Hey guyz.. please answer these questions:-✴

1) What is poverty line? Give the income for poverty line fixed for the rural and urban areas in India according to 2000.

2) Describe how the poverty line is estimated in India.

Answers

Answered by savanthadya
1

Answer:

1. the minimum subsistence of money for living is called the minimum poverty line

Answered by Anonymous
21

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\huge\fcolorbox{black}{aqua}{Añswers:-}

1) ᴀ ᴘᴇʀsᴏɴ ɪs sᴀɪᴅ ᴛᴏ ʙᴇ ᴘᴏᴏʀ ɪғ ʜɪs ᴏʀ ʜᴇʀ ɪɴᴄᴏᴍᴇ ᴏʀ ᴄᴏɴsᴜᴍᴘᴛɪᴏɴ ʟᴇᴠᴇʟ ғᴀʟʟs ʙᴇʟᴏᴡ ᴀ ɢɪᴠᴇɴ ᴍɪɴɪᴍᴜᴍ ʟᴇᴠᴇʟ ɴᴇᴄᴇssᴀʀʏ ᴛᴏ ғᴜʟғɪʟʟ ʙᴀsɪᴄ ɴᴇᴇᴅs. ᴇᴀᴄʜ ᴄᴏᴜɴᴛʀʏ ᴜsᴇs ᴀɴ ɪᴍᴀɢɪɴᴀʀʏ ʟɪɴᴇ ᴛʜᴀᴛ ɪs ᴄᴏɴsɪᴅᴇʀᴇᴅ ᴀᴘᴘʀᴏᴘʀɪᴀᴛᴇ ғᴏʀ ɪᴛs ᴇxɪsᴛɪɴɢ ʟᴇᴠᴇʟ ᴏғ ᴅᴇᴠᴇʟᴏᴘᴍᴇɴᴛ ᴀɴᴅ ɪᴛs ᴀᴄᴄᴇᴘᴛᴇᴅ ᴍɪɴɪᴍᴜᴍ sᴏᴄɪᴀʟ ɴᴏʀᴍs. ɪɴ ᴛʜᴇ ʏᴇᴀʀ 2000, ᴀ ғᴀᴍɪʟʏ ᴏғ ғɪᴠᴇ ᴍᴇᴍʙᴇʀs ʟɪᴠɪɴɢ ɪɴ ʀᴜʀᴀʟ ᴀʀᴇᴀs ᴀɴᴅ ᴇᴀʀɴɪɴɢ ʟᴇss ᴛʜᴀɴ ᴀʙᴏᴜᴛ ʀs. 1,640 ᴘᴇʀ ᴍᴏɴᴛʜ ᴡᴇʀᴇ ʙᴇʟᴏᴡ ᴘᴏᴠᴇʀᴛʏ ʟɪɴᴇ, ᴡʜᴇʀᴇᴀs ɪɴ ᴜʀʙᴀɴ ᴀʀᴇᴀs ᴇᴀʀɴɪɴɢ ʟᴇss ᴛʜᴀɴ ᴀʙᴏᴜᴛ ʀs. 2,270 ᴘᴇʀ ᴍᴏɴᴛʜ ɪɴ ᴛʜᴇ sɪᴍɪʟᴀʀ ғᴀᴍɪʟʏ ᴡᴇʀᴇ ᴄᴏɴsɪᴅᴇʀᴇᴅ ʟɪᴠɪɴɢ ʙᴇʟᴏᴡ ᴛʜᴇ ᴘᴏᴠᴇʀᴛʏ ʟɪɴᴇ.

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2) ᴡʜɪʟᴇ ᴅᴇᴛᴇʀᴍɪɴɪɴɢ ᴛʜᴇ ᴘᴏᴠᴇʀᴛʏ ʟɪɴᴇ ɪɴ ɪɴᴅɪᴀ, ᴀ ᴍɪɴɪᴍᴜᴍ ʟᴇᴠᴇʟ ᴏғ ғᴏᴏᴅ ʀᴇϙᴜɪʀᴇᴍᴇɴᴛ, ᴄʟᴏᴛʜɪɴɢ, ғᴏᴏᴛᴡᴇᴀʀ, ғᴜᴇʟ ᴀɴᴅ ʟɪɢʜᴛ, ᴇᴅᴜᴄᴀᴛɪᴏɴᴀʟ ᴀɴᴅ ᴍᴇᴅɪᴄᴀʟ ʀᴇϙᴜɪʀᴇᴍᴇɴᴛ, ᴇᴛᴄ., ᴀʀᴇ ᴅᴇᴛᴇʀᴍɪɴᴇᴅ ғᴏʀ sᴜʙsɪsᴛᴇɴᴄᴇ.

ɪ) ᴛʜᴇ ᴄᴀʟᴏʀɪᴇ ʀᴇϙᴜɪʀᴇᴍᴇɴᴛ ᴅᴇᴘᴇɴᴅɪɴɢ ᴜᴘᴏɴ ᴛʜᴇ ᴀɢᴇ, sᴇx, ᴀʀᴇᴀ ᴀɴᴅ ᴛʏᴘᴇ ᴏғ ᴡᴏʀᴋ ɪs ᴛʜᴇ ᴡᴀʏ ᴏғ ᴇsᴛɪᴍᴀᴛɪɴɢ ᴘᴏᴠᴇʀᴛʏ. ᴀᴠᴇʀᴀɢᴇ ᴄᴀʟᴏʀɪᴇ ʀᴇϙᴜɪʀᴇᴍᴇɴᴛ ɪɴ ɪɴᴅɪᴀ ɪs 2400 ᴘᴇʀ ᴘᴇʀsᴏɴ ᴘᴇʀ ᴅᴀʏ ɪɴ ʀᴜʀᴀʟ ᴀʀᴇᴀs ᴀɴᴅ 2100 ᴘᴇʀ ᴘᴇʀsᴏɴ ᴘᴇʀ ᴅᴀʏ ɪɴ ᴜʀʙᴀɴ ᴀʀᴇᴀs.

ɪɪ) ᴍᴏɴᴇᴛᴀʀʏ ᴇxᴘᴇɴᴅɪᴛᴜʀᴇ ᴘᴇʀ ᴄᴀᴘɪᴛᴀ ɴᴇᴇᴅᴇᴅ ɪs ᴀʟsᴏ ᴀ ᴡᴀʏ ᴏғ ᴇsᴛɪᴍᴀᴛɪɴɢ ᴘᴏᴠᴇʀᴛʏ. ɪɴ ᴛʜᴇ ʏᴇᴀʀ 2000, ᴛʜᴇ ᴘᴏᴠᴇʀᴛʏ ʟɪɴᴇ ғᴏʀ ᴀ ᴘᴇʀsᴏɴ ᴡᴀs ғɪxᴇᴅ ᴀᴛ ʀs. 328 ᴘᴇʀ ᴍᴏɴᴛʜ ғᴏʀ ᴛʜᴇ ʀᴜʀᴀʟ ᴀʀᴇᴀs ᴀɴᴅ ʀs.454 ғᴏʀ ᴛʜᴇ ᴜʀʙᴀɴ ᴀʀᴇᴀs.

ɪɪɪ) ᴀ ᴜɴɪғᴏʀᴍ sᴛᴀɴᴅᴀʀᴅ ғᴏʀ ᴘᴏᴠᴇʀᴛʏ ʟɪɴᴇ ɪs ᴀʟsᴏ ᴜsᴇᴅ, ᴡʜɪᴄʜ ɪs ɢɪᴠᴇɴ ʙʏ ɪɴᴛᴇʀɴᴀᴛɪᴏɴᴀʟ ᴏʀɢᴀɴɪᴢᴀᴛɪᴏɴs ʟɪᴋᴇ ᴛʜᴇ ᴡᴏʀʟᴅ ʙᴀɴᴋ. ᴛʜɪs ɪs ᴇϙᴜɪᴠᴀʟᴇɴᴛ ᴛᴏ $ 1 ᴘᴇʀ ᴘᴇʀsᴏɴ ᴘᴇʀ ᴅᴀʏ.

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