what is poverty enstimates
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Poverty Estimation. A common method used to estimate poverty in India is based on the income or consumption levels and if the income or consumption falls below a given minimum level, then the household is said to be Below the Poverty Line (BPL).
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The poverty line is defined as the minimum money required for maintaining a per capita caloric intake of in an urban and rural area.
Poverty estimates in advanced
economies are based on the calculation of relative poverty, with the average standard of living used as the reference point.
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