How is the poverty line estimated for rural and urban areas in India? I need the answer real quick pls, whoever gives me the the best answer the fastest gets brainliest
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The expert committee set up by the Planning Commission last year under C Rangarajan, former chairperson of of Prime Minister's Economic Advisory Council, has redefined the poverty line. According to the report of the committee, the new poverty line should be Rs 32 in rural areas and Rs 47 in urban areas.
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The poverty line is estimated in India in following ways: Income Method: A person is considered poor if his or her income falls below a given minimum level necessary to fulfil basic needs. Consumption Method: A minimum nutrititioal food requirement for survival is estimated and energy obtained is measured in calories.
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