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Various poverty lines and resulting percentage of BPL population Method Line Figure % of poor population Poor population World Bank (2021) poverty line 1.90 (PPP $ day) 6 84m [7] lower middle-income line 3.20 (PPP $ day) 26.2 365m [7] upper middle-income line 5.50 (PPP $ day) 60.1 838m [7] Asian Development Bank (2014) poverty line
The Government of India then decided that the Below Poverty Line list for 2002 could be finalised as per original guidelines. The Director of Rural Development and Panchayat Raj stated that in the Below Poverty Line survey done in 1991 out of 8,433,000 Rural families 3,446,000 families were identified as Below Poverty Line families. In the ...
A Working Group was formed in 1962 to attempt to set a poverty line for India. [85] [86] This Working Group used calories required for survival, and income needed to buy those calories in different parts of rural India, to derive an average poverty line of Rs. 20 per month at 1960–61 prices. [87]
According to Forbes, the United States tops the world in number of billionaires, with 813 as of 2024. But the fact is 37.9 million Americans, or 11.5% of the population, live in poverty,...
The poverty line for lower middle-income countries (LMICs) has moved to US$3.65 from US$3.20, while the poverty line for upper middle-income countries (UMICs) has moved to US$6.85 from US$5.50. [ 6 ] The first table lists countries by the percentage of their population with an income of less than $2.15 (the extreme poverty line), $3.65 and $6. ...
India, in 2019 has about 2.7% [1] population under poverty level and is no longer holding the largest population under poverty level, considering Nigeria and Congo. [2] On the other hand, the Planning Commission of India uses its own criteria and has estimated that 27.5% of the population was living below the poverty line in 2004–2005, down ...
The threshold in the United States is updated and used for statistical purposes. The poverty guidelines are also used as an eligibility criterion by Medicaid and a number of other Federal programs. [73] In 2020, in the United States, the poverty threshold for a single person under 65 was an annual income of $12,760, or about $35 per day.
They found that even during the highest recorded period of inequality in India, which occurred during the inter-war colonial period from the 1930s until India’s independence in 1947, the top 1% ...