What is poverty line? Give the income for poverty line fixed for the rural and urban areas in India according to the Year 2011 and 12
Answers
The earlier poverty line figure was Rs 27 for rural India and Rs 33 for Urban India (see table). The Rangarajan report has added 93.7 million more to the list of the poor assessed last year as per the Suresh Tendulkar committee formula. Now the total number of poor has reached 363 million from 269 million in 2011-12.As per the Tendulkar methodology for 2011-12, the poverty line was Rs 816 in rural areas and Rs 1,000 in urban areas, which if calculated on a daily basis come out at Rs 27 per day in rural areas and Rs 33 in urban areas.
Explanation:
The earlier poverty line figure was Rs 27 for rural India and Rs 33 for Urban India (see table). The Rangarajan report has added 93.7 million more to the list of the poor assessed last year as per the Suresh Tendulkar committee formula. Now the total number of poor has reached 363 million from 269 million in 2011-12.