Poverty in India
ICSE · Class 11 · Economics
Flashcards for Poverty in India — ICSE Class 11 Economics. Quick Q&A cards covering key concepts, definitions, and formulas.
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What is poverty in the Indian context?
Answer
Poverty in India is a situation in which an individual fails to earn income sufficient to buy minimum necessities of life. These necessities include food, clothing, housing, health facilities, clean w…
What is the poverty line?
Answer
The poverty line is the minimum level of income or consumption needed to meet basic needs. It is a cut-off point that divides people into the poor and non-poor.
How is the poverty line connected to calorie intake in India?
Answer
India uses calorie requirements as an important basis for estimating poverty. The minimum calorie intake is 2,400 calories per person per day in rural areas and 2,100 calories per person per day in ur…
Why is the poverty line higher in urban areas than in rural areas for 2011-12?
Answer
For 2011-12, the poverty line was ₹816 per month in rural areas and ₹1,000 per month in urban areas. The urban amount is higher because prices of many essential goods are higher in cities, even though…
What was the Monthly Per Capita Consumption Expenditure poverty line for 2011-12?
Answer
It was fixed at ₹816 per month for rural areas and ₹1,000 per month for urban areas. A rural family of five earning less than about ₹4,080 per month and an urban family of five earning less than ₹5,00…
What is the formula for Per Capita Consumption Expenditure?
Answer
PCE = Total consumption expenditure of a family per month / Number of family members. PCE means the average monthly consumption expenditure per person in a family.
What does NSSO do in relation to poverty estimates?
Answer
The National Sample Survey Office conducts consumption expenditure surveys every 5 years. These surveys are used to estimate poverty in India.
What role does the Planning Commission play in poverty data?
Answer
The Planning Commission formed a Study Group in 1962 to identify poor people in India and makes official poverty data available to the public.
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