Poverty and Unemployment

Assessment of the growth experience: Poverty and Unemployment

  • Poverty and unemployment are closely related
  • High poverty has a multiplier effect on quality of life, deprivation, malnutrition, illiteracy and low human resource development.

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POVERTY

 

  • Following elements mainly affect the magnitude of the poverty ration
    • The nutrition norm in the base year
    • Price deflator used to update the poverty line
    • Pro rata adjustment in the number of households in different expenditure classes to determine the number of households below and above poverty line.
  • Agricultural wage earners, small and marginal farmers and casual workers engaged in non-agricultural activities constitute the bulk of the rural poor

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