What is poverty line according to Planning Commission?
The expert committee set up by the Planning Commission last year under C Rangarajan, former chairperson of of Prime Minister’s Economic Advisory Council, has redefined the poverty line. According to the report of the committee, the new poverty line should be Rs 32 in rural areas and Rs 47 in urban areas.
On what basis Planning Commission of India define poverty line?
What is the definition of poverty line by planning commission of India? Poverty line is drawn on the basis of barest minimum desirable nutritional standards of 2400 calories per person per day in rural areas and 2100 calories in urban areas.
What is India’s poverty line 2021?
The current poverty line is 1,059.42 Indian Rupees (62 PPP USD) per month in rural areas and 1,286 Indian rupees (75 PPP USD) per month in urban areas.
How has Planning Commission defined poverty line Class 12?
Minimum calorie intake: the planning commission has defined poverty line on the basis of recommended nutritional requirement of 2400 calories per person per day for rural area and 2100 calories per person per day in urban areas.
What is poverty and poverty line?
Poverty line is the level of income to meet the minimum living conditions. Poverty line is the amount of money needed for a person to meet his basic needs. It is defined as the money value of the goods and services needed to provide basic welfare to an individual.
Who defines the poverty line?
The Census Bureau
Official Poverty Measure. The Census Bureau determines poverty status by using an official poverty measure (OPM) that compares pre-tax cash income against a threshold that is set at three times the cost of a minimum food diet in 1963 and adjusted for family size.
Who falls under BPL?
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.
How does poverty line Categorise poverty?
Categorising Poverty: There are many ways to categorise poverty. In one such way people who are always poor and those who are usually poor but who may sometimes have a little more money (example: casual workers) are grouped together as the chronic poor.
Where is the poverty line?
48 Contiguous States and D.C.
| Persons in Household | 48 Contiguous States and D.C. Poverty Guidelines (Annual) | |
|---|---|---|
| 1 | $12,880 | $25,760 |
| 2 | $17,420 | $34,840 |
| 3 | $21,960 | $43,920 |
| 4 | $26,500 | $53,000 |
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.
What was the poverty line set by the ACHA in 1962?
A Working Group was formed in 1962 to attempt to set a poverty line for India. This Working Group used calories required for survival, and income needed to buy those calories in different parts of rural India, to derive an average poverty line of Rs. 20 per month at 1960-61 prices.
What is the poverty line in India?
India has some of the poorest people in the world. The Government of India says that the poverty line for rural areas is ₹ 816 per month and ₹ 1000 per month in urban areas. This means that many people do not have enough money.
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.