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India's nationwide average poverty line differs from each state's poverty line. For example, in 2011–2012, Puducherry had its highest poverty line of ₹ 1,301 (US$15) a month in rural and ₹ 1,309 (US$15) a month in urban areas, while Odisha had the lowest poverty thresholds of ₹ 695 (US$8.00) a month for rural and ₹ 861 (US$9.90) a ...
Each nation has its own threshold for absolute poverty line; in the United States, for example, the absolute poverty line was US$15.15 per day in 2010 (US$22,000 per year for a family of four), [22] while in India it was US$1.0 per day [23] and in China the absolute poverty line was US$0.55 per day, each on PPP basis in 2010. [24]
Poverty may therefore also be defined as the economic condition of lacking predictable and stable means of meeting basic life needs. As a result of the adoption of the 2017 PPPs, the global poverty lines have been revised in 2022: The international poverty line, used to define extreme global poverty, was revised to US$2.15 from US$1.90. Poverty ...
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 $ 1.51 per person per day [8] Tendulkar Expert Group (2009) urban poverty line
It's old and outdated, but here's why the poverty rate still matters.
Absolute poverty is the severe deprivation of basic human needs such as food, safe drinking water and shelter, and is used as a minimum standard below which no one should fall regardless of where they live. It is measured in relation to the 'poverty line' or the lowest amount of money needed to sustain human life. [2]
When measured, poverty may be absolute or relative.Absolute poverty refers to a set standard which is consistent over time and between countries. An example of an absolute measurement would be the percentage of the population eating less food than is required to sustain the human body (approximately 2000–2500 calories per day).
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] On the other hand, the Planning Commission of India uses its own criteria and has estimated that 27.5% of the population was living below the poverty line in 2004–2005, down ...