The percentage of population living below the poverty line has been estimated in the 2004-05 at:a)20b)22c)30d)36Correct answer is option 'B'. Can you explain this answer?

Question

Answer

The percentage of the population living below the poverty line in India decreased to 22% in 2011-12 from 37% in 2004-05, according to data released by the Planning Commission in July 2013.

Answer

22.6 is right answer according to new data.

Answer

According to Tendulkar committee population living below poverty line is 21.9% or 22% . & also according to MRP method 21.9 & according to URP method 27% . poverty measure in India in absolute sence.

Answer

The percentage of population living below the poverty line has been estimated in the 2004-05 at 22%.

Explanation:

1. Poverty Line:
The poverty line is a threshold that helps to determine the number of people living in poverty. It represents the minimum income level required to meet basic needs such as food, shelter, and clothing.

2. Poverty estimation in 2004-05:
In the year 2004-05, the percentage of the population living below the poverty line was estimated to be 22%. This means that out of the total population, 22% of people were considered to be living in poverty.

3. Factors affecting poverty estimation:
The estimation of the percentage of the population living below the poverty line takes into account various factors such as income, consumption patterns, and basic needs. These factors are analyzed to determine the poverty threshold and identify individuals or households below that threshold.

4. Methodology for poverty estimation:
The estimation of poverty is a complex process that involves collecting data on income and consumption patterns of individuals or households. This data is then analyzed using statistical techniques to determine the poverty line and estimate the percentage of the population living below it.

5. Importance of poverty estimation:
Poverty estimation is crucial for policy-making and resource allocation. It helps governments and organizations understand the extent of poverty in a country or region and develop strategies to alleviate it. The estimation also helps in monitoring the progress of poverty reduction initiatives and evaluating their effectiveness.

Conclusion:
In the year 2004-05, the estimated percentage of the population living below the poverty line was 22%. This estimation is based on factors such as income, consumption patterns, and basic needs. Poverty estimation is important for policy-making and resource allocation to reduce poverty levels in a country or region.

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