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The present criteria are based on a survey conducted in 2002. Going into a survey due for a decade, India's central government is undecided on criteria to identify families below poverty line. [1] Internationally, an income of less than ₹150 per day per head of purchasing power parity is defined as extreme poverty. By this estimate, about 12. ...
In Rajan's view the main cause of the increasing gap between high income and low income earners was lack of equal access to higher education for the latter. [329] Several studies have found a relationship between poverty reduction and good governance. A number of articles have found linkages between poverty reduction and good governance. [330]
The poverty gap index is an improvement over the poverty measure head count ratio, which simply counts all the people below a poverty line in a given population and considers them equally poor. [2] Poverty gap index estimates the depth of poverty by considering how far the poor are from that poverty line on average. [3]
We recall with pride that the Congress-led UPA government lifted 14 crore people out of poverty between 2004 and 2014. It is true that rapid and broad-based growth will reduce poverty, and, in the medium to long term, eliminate poverty. On the other hand, decisive and focused intervention has the capacity to eliminate poverty within a decade.
The Healthy Food Financing Initiative (HFFI) addresses place-based theories of poverty, aiming to develop grocery store chains in low-income communities and improve access to nutritious food. [21] In the early 2000s, the metaphor of food deserts- low income communities that do not have access to grocery stores and nutritious foods- have been ...
The main poverty line used in the OECD and the European Union is a relative poverty measure based on 60% of the median household income. The United States uses a poverty measure based on pre-tax income and the U.S. Department of Agriculture's "economy food plan" by which 11% of Americans are living in poverty, but this is disputed.
While these numbers are lower than the World Bank's $1.25 per day income-based definition, the definition is similar to China's US$0.65 per day official poverty line in 2008. [47] The World Bank's international poverty line definition is based on purchasing power parity basis, at $1.25 per day.
In the same time it reduced poverty by 50%. With respect to cutting poverty in half, India took three times the number of years—18 years between 1993 and 2011. [ 5 ] In 2013, average farmer income was ₹ 6,426 (equivalent to ₹ 11,000 or US$130 in 2023) while its average monthly consumption expenditure was ₹ 6,223 (equivalent to ...