Answer:
To estimate the poverty line in India; (a) A common method used to measure poverty is based on the income or consumption levels. (b) A minimum level of food requirement and other basic needs such as clothing, fuel and Ii, educational and medical requirement, footwear etc., are determined for subsistence. (c) These are then calculated in terms of money required to consume them by multiplying physical quantities by their prices in rupees. (d) Such a consumption expenditure determines the poverty line. For the year 2000, the poverty for a person was fixed at Rs. 328 per month for the rural areas and Rs. 454 for the urban are ill
You need to login to perform this action.
You will be redirected in
3 sec
