1.

Describe the poverty trade since1973

Answer»

The trends in poverty since 1973 are
(i) There is substantial decline in poverty ratio from 55% in 1973 to 44.3% in 1993 and 21.9% in 2011-12.
(ii) RURAL poverty has declined sharply from 56% in 1973 to 25.7% in 2011-12 and the numbers from 261 million to 216.5 million.
(III) The latest estimates indicate a SIGNIFICANT reduction in the TOTAL urban and rural NUMBER of poor to be about 269.3 million, down from 321 million in 1973.


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