What is poverty?
Poverty is the lack of basic human needs such as nutrition, healthcare education and clothing because of the inability to afford them.
Poverty in India
Every fourth person in India is poor
26 crore people in india are below the Poverty line
Orrisa, MP, Bihar are the poorest states st india
Punjab , Himachal Pradesh, jammu kashmir are the richest states
Causes of Poverty
British rule
Rural economy
Social factors
India's economic policy and much more
Vulnerability
Vulnerability to poverty is a measure, which describes the greater probability of certain communities e.g. members of a backward caste or individuals e.g. widow, physically handicapped person of becoming or remaining poor in the coming time.
Vulnerability is determined by various options available to different communities in terms of assets, education, job, health, etc and analyse their ability to face various risks like natural disasters. The group which face greater risk at the time of natural calamity are called vulnerable groups.
Poverty Line
Poverty line is an imaginary line used by any country to determine its poverty. It is considered appropriate by a country according to its existing social norms. It varies from time to time, place to place and country to country.
The most common method of determining poverty is income or consumption levels i.e. people will be considered poor if their income or consumption level falls below a given ‘minimum level’ (poverty line) necessary to fulfil the basic needs
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