What is poverty line ,how is it estimated .?
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poverty line is the estimated minimum level of income needed to secure the necessities of life.
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 nutritional food requirement for survival is estimated and energy obtained is measured in calories. The accepted average of calorie requirement in India.
Expenditure Method: While determining the poverty line in India a minimum level of food requirement, clothing , footwear, fuel, and light , educational and medical requirement etc. Are determined for subsistence.
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