Indicators of Poverty


 
 
Concept Explanation
 

Indicators of Poverty

Poverty

The concept of Poverty Line was first introduced in 1945 by Lord Boyd Orr, the first Director of the Food and Agriculture Organization (FAO) of the United Nations. Dr. Oar considered a person consuming less than 2300 calories per person per day. Poverty is used in two ways.

(i) Absolute Poverty - According to it, poverty is a Situation in which a person is not able to meet his minimum basic needs like food, clothes, health, convenience etc.

(ii) Relative Poverty refers to inequality of income It gives a sense of international economic inequality or regional economic inequalities. For example, if the per capita income of one country is less than the per capita income of another country, then the first country will be considered poorer than the other country.

Planning Commission in India has emphasized the Absolute Concept of Poverty. The Planning Commission has considered calorie energy as the basis of the poverty line.nThere are two grounds for measuring poverty in India

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