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Describe poverty trends in India since 1973?
Answer:
Answer to be written in the exam:
-
There is a
substantial decline in poverty ratios in India from about 45 percent in 1993-94 to 37.2
percent in 2004–05.
- The proportion of people below the poverty line further came down to about 22 percent in 2011–12. If the trend continues, people below the poverty line may come down to less than 20 percent in the next few years.
