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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
In its annual report of 2012, the Reserve Bank of India named the state of Goa as having the least poverty of 5.09% while the national average stood at 21.92% [7] The table below presents the poverty statistics for rural, urban and combined percentage below poverty line (BPL) for each State or Union Territory. [7]
As per a study conducted by International Monetary Fund, published on 5 April 2020, found that extreme poverty (less than PPP USD 1.9 per person per day) in India is less than 1 per cent in 2019 and it remained at that level even during the COVID-19 pandemic year 2020. Prime Minister Narendra Modi's food security scheme, the Pradhan Mantri ...
Nearly 135 million people, around 10% of India's population, escaped poverty in the five years to March 2021, a government report found on Monday. Rural areas saw the strongest fall in poverty ...
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]
It is a part of India’s strategy to create a cashless economy, improving financial inclusion and transparency while reducing reliance on cash-based transactions. PM Ujjwala Yojana (PM Lighting Scheme) CSS MoP&NG: 2016 Energy, Health, Poverty Launched to provide free LPG connections to women from below poverty line families. [48]
The substantial reduction in urban and rural poverty at a huge level since the economic improvements of the 1990s, shows that poverty reduction and social well-being programmes have brought in rising incomes for the poor. [6] Kanyakumari is the district with the highest Human Development Index in the report of 2017.
The ability of the Government of India to tackle urban homelessness and poverty may be affected in the future by both external and internal factors. [8] The number of people living in slums in India has more than doubled in the past two decades and now exceeds the entire population of Britain, the Indian Government has announced. [ 9 ]