Question

What are different methods to estimate of poverty

Answer 1

Hey buddy here is ur answer ....


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

→ A person is considered poor if his or her income or consumption level falls below a given minimum level necessary to fulfill basic needs.

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Answer 2

Answer:

There are two common methods to estimate the poverty line. They are: Income method: As per government guidelines if the income of a person is below the set levels which is 40500 to 49000 in rural areas and 51500 to 60000 in urban areas the person is considered poor.