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Number of Poor in India Video Lecture | Economics Class 12 - Commerce
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FAQs on Number of Poor in India Video Lecture - Economics Class 12 - Commerce
| 1. How many poor people are there in India? |  |
Ans. According to the latest data, there are approximately 364 million people living below the poverty line in India.
| 2. What is the poverty line in India? | |
Ans. The poverty line in India is the minimum income needed to meet basic needs and have a decent standard of living. Currently, the poverty line is set at Rs 32 per day in rural areas and Rs 47 per day in urban areas.
| 3. How is poverty measured in India? | |
Ans. Poverty in India is measured based on the consumption expenditure of households. The poverty line is determined by estimating the cost of a basket of essential goods and services required for a person's sustenance.
| 4. Has poverty in India decreased over time? | |
Ans. Yes, poverty in India has been declining over the years. According to the data, the poverty rate has reduced from 37.2% in 2004-05 to 23.9% in 2011-12. However, there is still a significant number of people living in poverty.
| 5. What are the main causes of poverty in India? | |
Ans. There are several factors contributing to poverty in India. Some of the main causes include lack of education and skills, high population growth, unemployment, unequal distribution of resources, inadequate access to basic services, and social inequalities.
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Nov 21, 2024 Last updated |
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