Question

How poverty line is measured in India??

Answer 1

ANSWER-

✍️ At the center of the discussion on poverty is usually the concept of the "poverty line".

✍️ A common method used to measure poverty is based on the income or consumption levels.

✍️ A person is considered poor if he or she income or consumption level falls below a given "minimum level" necessary to fulfill basic needs.

✍️ What is necessary to satisfy basic needs is different at different times and in different countries.

✍️ So, poverty line also vary with time and place.

✍️ Each country uses an imaginary line that is considered appropriate for its existing level of development and its accepted minimum social norms.

✍️ For example, a person not having a car in the United States may be considered poor. In india, owing of a car still considered a luxury.

✍️While determining the poverty line in india, a minimum level of food requirement, clothing, footwear, fuel and light, educational and medical requirements etc.

✍️ These physical quantities are multiplied by their prices in rupees.

✍️ The present formula for food requirement while estimating the poverty line is based on the desire calorie requirement.

$Hope \: it \: helps \: you$

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Answer 2

The correct Answer is Income