It is a benchmark that decides whether the person is poor or not. A person is considered poor if his or her income orconsumption level falls below a given“minimum level” necessary to fulfill the basic needs.
★ The the methods of calculating "Poverty Line' in india are as follow:
1] INCOME METHOD :
The poverty line for a person was fixed at Rs 816 per month for rural areas.The poverty line for a person was fixed at Rs 1000 per month for urban areas.
2]EXPENDITURE METHOD:
The present formula for food requirement while estimating the poverty line is based on the desiredcalorie requirement. The calorie needs vary depending on age, sex and the type of work that person does. Average calorie requirement in India is 2400 calories per person per day in rural areas and 2100 calories per person per day in urban areas.
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★ Poverty line :
It is a benchmark that decides whether the person is poor or not. A person is considered poor if his or her income or consumption level falls below a given “minimum level” necessary to fulfill the basic needs.
★ The the methods of calculating "Poverty Line' in india are as follow:
1] INCOME METHOD :
The poverty line for a person was fixed at Rs 816 per month for rural areas. The poverty line for a person was fixed at Rs 1000 per month for urban areas.
2] EXPENDITURE METHOD :
The present formula for food requirement while estimating the poverty line is based on the desired calorie requirement. The calorie needs vary depending on age, sex and the type of work that person does. Average calorie requirement in India is 2400 calories per person per day in rural areas and 2100 calories per person per day in urban areas.