Poverty and poverty measurement of india

 Poverty:

               The poverty line is the threshold line that defines the minimum requirement of income required by an individual to fulfil his/her basic necessities. If a person is below the poverty line, then he won’t be able to meet his needs for survival.

Types of poverty:
   There is are two types of poverty,they are:
1.Absolute poverty.
             Absolute Poverty is used to describe a condition where an individual does not have the financial means to obtain commodities to sustain life.

2.Relative poverty:
             Relative Poverty refers to the standard of living compared to economic standards of living within the same surroundings.

Poverty Measurements of india:

The various endeavors have been made in India to measure the poverty. Some of these

are:

•

“The Task Force on Projection of Needs and Effective Consumption Demand” by Planning

Commission in 1979 defines Poverty Line as per capita expenditure level at which average per

capita per day calorie intake is 2400 calorie for rural areas and 2100 ca

lories for urban areas.

•

Suresh Tendulkar panel's recommendations in 2011

-

12, the poverty line had been fixed at Rs 27

in rural areas and Rs 33 in urban areas. About 22% of the population lives below poverty line.

•

Rangarajan committee raised these limits to Rs.32 and Rs.47, respectively, and

around 30% of

the population lives below poverty line