Answer :


Poverty is the economic situation in which a person is not able to completely fulfil the minimum requirements needed to lead their life. It is the condition in which people are deprived of their basic and fundamental necessities of life including food, shelter, clothing, health, education and clean surrounding. It is mostly measured in terms of the poverty line. Poverty line represents the elementary, the minimum income required to acquire all the basic necessities. It represents the ability of a person to incur the expenditure to satisfy the basic necessities. Many committees were appointed to analyse and demarcate the poverty line. The Rangarajan Committee has fixed the poverty line expenditure as Rs. 32 in rural areas and Rs. 47 in urban areas.


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