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The state also had one of the lowest poverty rates in India at 8 percent in 2012. [58] Punjab had seen strong economic growth in the past, but since 2005 the state's growth has fallen below the national average. [58] Punjab's debt was estimated to be 39.8% of the state's GDP in 2020, [1] down from 62% in 2005. [59]
Various poverty lines and resulting percentage of BPL population Method Line Figure % of poor population Poor population World Bank (2021) poverty line 1.90 (PPP $ day) 6 84m [7] lower middle-income line 3.20 (PPP $ day) 26.2 365m [7] upper middle-income line 5.50 (PPP $ day) 60.1 838m [7] Asian Development Bank (2014) poverty line
Indian states by HDI (UNDP method, 2018) The following values are estimates from 2022 calculated by Global Data Lab, [9] using the same method of calculation as UNDP. [10] It is important to note that other sources report different HDI rankings (typically higher).
The Socio Economic Survey conducted during 2002 was based on 13 Socio economic indicators (enlisted by Government of India ) indicating the quality of life and by Score-based ranking for all households. Each of the indicators have 0–4 marks. Thus for 13 indicators, the tentative marks obtained by the families are from 0–52 for all the ...
[8] [9] 41.6% of its population (540 million people approx.) is living below the new international poverty line of $1.25 (PPP) per day, down from 59.8% in 1981. [8] India, in 2019 has about 2.7% [1] population under poverty level and is no longer holding the largest population under poverty level, considering Nigeria and Congo. [2]
Share of employment by economic class in 2023, with lowest economic class based on the World Bank's international poverty lines of $2.15 and $3.65 a day Country Region World Bank Income group (2024) Extremely poor: Less than $2.15 a day Moderately poor: $2.15 to less than $3.65 a day Not extremely or moderately poor: $3.65 or above a day ...
In 2014, 9.9% of the population aged 15 years and above were employed. 6.9% of the population still lives below the national poverty line and 6.3% [additional citation(s) needed] in extreme poverty (December 2018). [32] The World Poverty Clock shows real-time poverty trends in India, which are based on the latest data, of the World Bank, among ...
The depth of poverty is the average 'gap' (G) between the level of deprivation poor people experience and the poverty cut-off line. M1 = H x A x G. Adjusted Squared Poverty Gap (M2): This measure reflects the incidence, intensity, and depth of poverty, as well as inequality among the poor (captured by the squared gap, S). M2 = H x A x S.