Describe the poverty trends in India …
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Posted by Sweta Soreng 5 years, 2 months ago
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Gaurav Seth 5 years, 2 months ago
There was a substantial decline in poverty ratios in India from about 55% in 1973 to 36% in 1993. (a) The proportion of people below poverty line further came down to about 26 % in 2000. (b) If the trend continues, people below poverty, line may come down to less than 20 % in the next few years.
(c) Although the percentage of the people living under poverty declined in the earlier two decades (1973-1993) the number of poor remained stable around 320 million for a fairly long period.
(d) The latest estimates indicate a significant reduction in the number of poor to about 260 million.
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