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How is the poverty line calculated?
In 2012, the federal government set the poverty line for a family of four at $23,050. The figure is based on food costs — the government identifies how much it should cost to feed a family of four for one year and then multiplies that number by three. The formula has been used for decades.
How is poverty line decided in India?
Monthly per capita consumption expenditure of Rs. 972 in rural areas and Rs. 1407 in urban areas is recommended as the poverty line at the all India level. The government did not take a call on the report of the Rangarajan Committee.
How is poverty line determined in India?
A common method used to estimate poverty in India is based on the income or consumption levels and if the income or consumption falls below a given minimum level, then the household is said to be Below the Poverty Line (BPL).
How poverty line is determined in India?
The present formula of deciding poverty line in India is based on calorie requirements. The accepted average calorie requirement in India is 2400 calories per person per day in rural areas and 2100 calories per person per day in the urban areas.
What is the criteria of below poverty line in India?
Families with 17 marks or less (formerly 15 marks or less) out of a maximum 52 marks have been classified as BPL. Poverty line solely depends on the per capita income in India rather than level of prices.
What are the two methods of estimating the poverty line?
The poverty line is estimated by two methods . first, is the income and consumption in this the people living in rural area need ₹816 per person per month and in urban area need ₹1000 per person per month thus they are consisdered as above poverty line.
What is the poverty line of BPL?
Poverty line solely depends on the per capita income in India rather than level of prices. In its Ninth Five-Year Plan (1995–2002), BPL for rural areas was set at annual family income less than Rs. 20,000, less than two hectares land, and no television or refrigerator.
How many people in India are living below the poverty line?
In that year, 29.5\% of the Indian population was estimated to be living below the poverty line. In 2014, the Rangarajan committee said that around 454 million people in the country, forming 38\% of the population was living below the poverty line. How to Provide Attribution? Article Link to be Hyperlinked What are the Parameters that Define BPL?
What is the meaning of below poverty line?
Below Poverty Line is an economic benchmark used by the government of India to indicate economic disadvantage and to identify individuals and households in need of government assistance and aid. It is determined using various parameters which vary from state to state and within states.
What does BPL mean?
Full Form of BPL (Below Poverty Line) | What Does BPL Stand for? Full Form of BPL is Below Poverty Line.