Economy, asked by nikitatapadiya11, 2 months ago

what is poverty line in India short answer​

Answers

Answered by princeuplucky123449
2

Answer:

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Explanation:

A person is considered poor if his or her income or consumption level falls below a given “minimum level” necessary to fulfil the basic needs. This minimum level is called the poverty line.

Answered by bettsamijkv
0

Answer:

As India is one of the fastest-growing economies in the world, poverty is on the decline in the country, with close to 18 Indians escaping extreme poverty every minute, as per the World Poverty Clock.

  • India had 53.5 million people living in extreme poverty which makes up 4% of its total population, according to the Brookings report. In May 2012, the World Bank reviewed and proposed revisions to their poverty calculation methodology and purchasing power parity basis for measuring poverty worldwide. It was a minimal 3.6% in terms of percentage.
  • As of 2020, the incidence of multidimensional poverty has significantly reduced, declining from 54.7 percent at the time of independence to 6 percent in 2020
  • Two-thirds of people in India live in poverty: 68.8% of the Indian population lives on less than $2 a day. Over 30% even have less than $1.25 per day available - they are considered extremely poor. This makes the Indian subcontinent one of the poorest countries in the world; women and children, the weakest members of Indian society, suffer most.

  • India is the second most populous country after China with about 1.2 billion people and isthe seventh largest country in the world with an area of 3,287,000 km². The highly contrasted country has enjoyed growth rates of up to 10% over many years and is one of the largest economies in the world, with a gross domestic product (GDP) of 1,644 billion US dollars. But only a small percentage of the Indian population has benefited from this impressive economic boom so far, as the majority of people in India are still living in abject poverty.
  • More than 800 million people in India are considered poor. Most of them live in the countryside and keep afloat with odd jobs. The lack of employment which provides a livable wage in rural areas is driving many Indians into rapidly growing metropolitan areas such as Bombay, Delhi, Bangalore or Calcutta.
  • There, most of them expect a life of poverty and despair in the mega-slums, made up of millions of corrugated ironworks, without sufficient drinking water supply, without garbage disposal and in many cases without electricity. The poor hygiene conditions are the cause of diseases such as cholera, typhus and dysentery, in which especially children suffer and die.

  • Poverty in India impacts children, families and individuals in a variety of different ways through:

  • High infant mortality
  • Malnutrition
  • Child labour
  • Lack of education
  • Child marriage
  • HIV / AIDS
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