Saved Bookmarks
| 1. |
Explain poverty line? |
| Answer» Poverty line is usually defined on the basis of income or consumption. Different yardsticks are used in different countries to measure the poverty line.According to the World Bank, a person living on less than 1$ per day is considered to be living below the poverty line. This figure has been now raised to 1.25 $ per day. According to 2010 report by the World Bank, 32.7% of India’s population was living below the poverty line.As per 2000 figures; a family of five which is earning less than Rs. 1,640 per month is considered to be living below the poverty line. This figure is Rs. 2,270 per month for the urban area. | |