What is poverty line? Give the income for poverty line fixed for the rural and urban areas in India according to 2000.
Answer:
Answer to be written in the exam:
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The poverty line means-
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A common method used to measure poverty is based on
income or consumption levels.
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A person is considered poor if his or her income or consumption level falls below a given
“minimum level”
necessary to fulfill basic needs.
- While determining the poverty line in India, a minimum level of food requirement, clothing, footwear, fuel and light, educational and medical requirement, etc ., are determined for subsistence.
Income for the poverty line is fixed for the rural and urban areas in India according to 2000:
In the year 2000, a family of five members living in rural areas and earning less than about ` 1,640 per month were below the poverty line, whereas in urban areas earning less than about ` 2,270 per month in similar families were considered living below the poverty line.
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