See the reasons Of Poverty by NRI's

By Pavan Papad On 12 Aug, 2016

Poverty in India is widespread, and a variety of methods have been proposed to measure it. The official measure of Indian government, before 2005, was based on food security and it was defined from per capita expenditure for a person to consume enough calories and be able to pay for associated essentials to survive. Since 2005, Indian government adopted the Tendulkar methodology which moved away from calorie anchor to a basket of goods and used rural, urban and regional minimum expenditure per capita necessary to survive.[1] The World Bank has similarly revised its definition and benchmarks to measure poverty since 1990, with $2 per day income on purchasing power parity basis as the definition in use from 2005 to 2013.[2] Some semi-economic and non-economic indices have also been proposed to measure poverty in India; for example, the Multi-dimensional Poverty Index placed 33% weight on number of years spent in school and education and 6.25% weight on financial condition of a person, in order to determine if that person is poor.[3] The different definitions and different underlying small sample surveys used to determine poverty in India, have resulted in widely different estimates of poverty from 1950s to 2010s. In 2012, the Indian government stated 21.9% of its population is below its official poverty limit.[4] The World Bank, in 2011 based on 2005's PPPs International Comparison Program,[5] estimated 23.6% of Indian population, or about 276 million people, lived below $1.25 per day on purchasing power parity.[6][7] According to United Nation's Millennium Development Goal (MDG) programme 270 millions or 21.9% people out of 1.2 billion of Indians lived below poverty line of $1.25 in 2011-2012


Absolutely ........................................
By On 09 Sep, 2016
0 0 Reply

Submit your comment

IA NRI's Chat (0 Users Online)