Write a short note on the number of poor in india
Answers
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 in 2005 to 17 percent in 2020. Despite the pandemic its economy is healing
As per the methodology of the Suresh Tendulkar Committee report, the population below the poverty line in India was 354 million (29.6% of the population) in 2009-2010 and was 269 million (21.9% of the population) in 2011–2012.
Answer:
Since the 1970s, the Indian Government made poverty reduction a priority in its part of planning. Policies focus on improving the poor standard of living by ensuring food security, promoting self-employment through greater access to assets, increasing wage employment and improving access to basic social services. The Indian Government and non-governmental organisations have initiated several newer programmes to alleviate poverty, like increased access to loans, improving agricultural techniques and price supports, and promoting education and family planning. These measures have helped eliminate famines, cut absolute poverty levels by more than half and reduced illiteracy and malnutrition.