Economy, asked by monibiju2262, 1 year ago

Which of the criteria was considered by pd ojha committee calculating poverty line?

Answers

Answered by IamSonu
0

Whereas economic development is a policy intervention endeavor with aims of improving the economic and social well-being of people, economic growth is a phenomenon of market productivity and rise in GDP. Consequently, as economist Amartya Sen points out, "economic growth is one aspect of the process of economic development".

Answered by mindfulmaisel
1

The criteria considered by P.D. Ojha committee calculating poverty line was that in the period of 1960-61 there were more than one hundred and ninety million people who were living below the poverty line. The majority of the people lived in rural areas. By the year of 1968-69, the poverty line in the rural areas increased to 290 million.

Explanation:

  • P.D. Ojha and committee believed that major people in India make an average consumption of 2250 calories per person per day.  
  • If one was to term this equation into monetary terms then it means that the monthly expenses for the people are in the range of Rs. 8 - Rs. 11 and Rs. 15 – Rs.18 at the prices in rural and urban areas.  
  • In regards to the physical quantities, this means that there is a consumption of 518 grams and 432 grams per person per day in rural and urban areas.

Learn more about poverty line

Why is the rural poverty line different from the urban poverty line?

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What is a poverty line give the income for poverty line fixed for the rulers and urban areas  in India according to 2000

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