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Poverty — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsPoverty4 Marks
Question
Discuss the trends in poverty ratio in India.
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Answer

The following trends in poverty ratio have been found in India:
  1. In 1973-74, more than 321 million people were below the poverty line. In 2010, this number came to about 35.46 crores.
  2. In terms of proportion, in 1973-74, about 55 percent of the total population was below the poverty line. In 2010, it fell to 29.8 percent.
  3. In 1973-74, more than 80 percent of the poor resided in rural areas and in 2004-05, this came down to about 60 percent. This means that more than threefourths of the poor in India live in villages.
  4. In the 1990s, the absolute number of the poor in rural areas had declined whereas the number of their urban counterparts increased marginally. The poverty ratio declined continuously for both rural and urban areas.

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