Q. 114.6( 12 Votes )
Explain two metho
The two methods to estimate poverty lines are:
i) Consumption method- determining the poverty line in India based on the desired calorie requirement. E.g. the average calorie requirement in India is 2400 calories per person per day in rural areas and 2100 calories per person per day in urban areas.
ii) Income method- for the year 2012, the poverty line for a person was fixed at Rs. 816 per month in rural areas and Rs. 1000 per month in urban areas.
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