Question
Download Solution PDFAs per calculations done in 2011-2012, the poverty line for a person of rural India got fixed at ____ per month.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Rs.816.
Key Points
- In the year 2011 - 12, the poverty line for a person was fixed at Rs 816 for rural areas.
- For urban areas, it is Rs. 1000 under the Suresh Tendulkar methodology.
- The poverty line in urban is quite high due to the high prices of goods and services in urban areas.
- In 2011-12, the number of poor is 26.92 crore.
Additional Information
- 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).
- NITI Aayog as a policy think tank has replaced Planning Commission, which was earlier responsible for calculating the poverty line in India.
- Poverty Line:
- The conventional approach to measuring poverty is to specify a minimum expenditure (or income) required to purchase a basket of goods and services necessary to satisfy basic human needs and this minimum expenditure is called the poverty line.
- According to the World Bank, the latest data provides the fact that India’s extreme poverty has declined by 12.3% in 2019 from 2011.
Last updated on Jun 12, 2025
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