Chapter Overview
This chapter provides an in-depth understanding of poverty in India—its definition, dimensions, causes, and government initiatives for poverty alleviation. It highlights the difference between absolute and relative poverty, introduces poverty line concepts, and evaluates how poverty impacts economic and social development.
Important Keywords
- Poverty Line: The minimum level of income deemed adequate to secure basic necessities of life.
- Absolute Poverty: A condition where household income is below the necessary level to maintain basic living standards.
- Relative Poverty: A condition where people are poor in comparison to others in society.
- Poverty Ratio: The proportion of the population below the poverty line.
- BPL (Below Poverty Line): Classification of households with income or consumption below the poverty line.
- Poverty Alleviation Programs: Government schemes and measures aimed at reducing poverty levels.
Detailed Notes
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