How many percent of people are BPL in India?

How many percent of people are BPL in India?

Based on 2019’s PPPs International Comparison Program, According to the United Nations Millennium Development Goals (MDG) programme, 80 million people out of 1.2 billion Indians, roughly equal to 6.7\% of India’s population, lived below the poverty line of $1.25 in 2018–19.

What is the percentage of upper middle class in India?

Similarly, the ‘housing’ aspect of class is defined using data on house ownership and sanitation facilities. Based on all this, she finds that 28\% of India’s population is middle class — of which 14\% is lower middle class and about 3\% is upper middle class.

How many middle class families are there in India?

Estimates vary widely India’s National Council for Applied Economic Research, which defines the middle class as those with household incomes between Rs 2 lakh and Rs 10 lakh per annum, estimated India’s middle class to be 153 million in 2010.

What is the percentage of rich class in India?

The top 10\% of the Indian population holds 77\% of the total national wealth. 73\% of the wealth generated in 2017 went to the richest 1\%, while 67 million Indians who comprise the poorest half of the population saw only a 1\% increase in their wealth.

Which state has maximum percentage of BPL population?

Uttar Pradesh Poverty in UP is 29.43\%. It is the largest state in India and one of the poorest states.

How much does a middle class Indian earn?

At the other end of the spectrum is the ‘Indian middle class’ that has earnings of over Rs 2.5-lakh per annum and a net worth of less than Rs 7 crore.

How much of the population is middle class?

Bookending the income levels of the middle class at 75 percent and 200 percent of the median income (see Table 1), approximately 51 percent of the United States falls in the middle class—strikingly close to the adjusted 2012 Pew survey.

What percentage of Indian population is lower class?

India, in 2019 has about 2.7\% population under poverty level and is no longer holding the largest population under poverty level, considering Nigeria and Congo.

How many Crorepati are there in 2021 in India?

India’s crorepati count up at 81,000; expands 68\% in 3 years: CBDT. Similarly, it said, the number of individual taxpayers disclosing income above Rs 1 crore had increased during the same period from 48,416 to 81,344, which translated into a growth of 68 per cent.

What is the percentage of BPL population in urban areas in India?

The percentage of BPL population in the urban areas in India has declined from 32.4\% in 199394 to 25.7\% in 2004-05 (based on uniform recall period). The NSSO 61st Round shows that urban poverty has registered a decline in percentage terms; however, it has increased in absolute terms by 4.4 million persons.

What is the percentage of middle class in India?

In 2010 – 24.7\% of Indias Population was Middle Class and in 2020 it was expected that 55\% of the Population would be middle class. Yet in 2020, only 33.4\% are Middle Class. From 2014–2021 the rise has been from 28.8\% to 31.6\% from 2014–2017 and only 31.6\% to 33.4\% over 4 years.

How is the poverty line (implict) calculated at All India level?

West Bengal * The poverty line (implict) at all-India level is worked out from the expenditure class-wise distribution of persons (based on URPconsumption I.e.consumtion collected from 30 day recall period for all items) and the poverty ratio at All-India level.

What are Rangarajan’s estimates of poverty in rural India?

Rangarajan’s estimates would put the BPL share of total population in rural areas at 30.9\%, compared to 39.6\% in 2009-10. The Rangarajan panel has suggested to the government that those spending more than Rs 972 a month in rural areas and Rs 1,407 a month in urban areas in 2011-12 do not fall under the definition of poverty.