3.
Introduction
Poverty is the lack of basic
necessities that all human
beings must have: food and
water, shelter, education,
medical care, security, etc. A
multi-dimensional issue,
poverty exceeds all social,
economic, and political
boundaries. As such, efforts to
alleviate poverty must be
informed of a variety of
different factors.
4.
Two basic ingredients in measuring poverty:
(1)Poverty Line: definition of threshold income or
consumption level
(2)Data on size distribution of income or
consumption (collected by a sample survey
representative of the population)
Concepts of Poverty and
Poverty Line
5.
Relative PL defined in relative terms with reference
to level of living of another person; or, in relation to
an income distribution parameter.
Examples: 50% of mean income or median, mean
minus one standard deviation.
Absolute PL refers to a threshold income
(consumption) level defined in absolute terms.
Persons below a pre-defined threshold income are
called poor.
Poverty Line (PL):
Absolute vs. Relative
6.
In India, the concept of poverty line is used as a
measure of poverty. Poverty line refers to the cut-off
point(in terms of per capita expenditure ) that
divides people of a region as poor and not poor. In
India, persons who spend Rs 816 on consumption in
rural areas and Rs 1000 in urban areas per month are
treated as those below the poverty line.
Measurement of Poverty
8.
Low Level Of National Product
Low Rate Of Growth
Heavy Pressure Of Population
Inflationary Pressure
Chronic Unemployment And Underemployment
Capital Deficiency
Paucity Of Able And Efficient Entrepreneurs
Outdated Social Institutions
Cause of poverty
9.
Combating poverty by accelerating the pace of
economic growth.
Combating inequality of income through fiscal and
legislative measures.
Combating poverty through population control.
Other measures enhancing quality of life of the poor.
Measures to remove
poverty