What is the poverty rate of India in 2014?

POVERTY IN INDIA FACTS 2014 It was 50.1% in rural areas, 31.8% in urban areas, and 45.3% for the country as a whole in 1993-94.

What was the poverty rate in India in 2017?

They further provide three additional estimates based on the India Human Development Survey at 7.4 per cent and at 3.8 per cent for the year 2017 while the fourth estimate based on national accounts puts poverty in India in 2017 at 3.4 per cent.

What salary is the poverty line?

The 2020 Poverty in Australia Overview was launched today by ACOSS CEO Dr Cassandra Goldie at Vincentian House in Sydney. It shows more than 3.24 million people (13.6%), including 774,000 children under 15 (17.7%), are living below the poverty line. In Australia, the poverty line is $457 per week for a single adult.

What was the average salary in 2014?

Median household income was $53,657 in 2014, not statistically different in real terms from the 2013 median of $54,462. This is the third consecutive year that the annual change was not statistically significant, following two consecutive years of annual declines in median household income.

How many people have moved out of poverty in India?

India has reduced its poverty rate drastically from 55% to 28% in 10 years, with 271 million people moving out of poverty between 2005-06 and 2015-16, according to the Global MPI 2018 Report prepared by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative.

Which is the poorest state in India in 2015?

Bihar was the poorest state in 2015-16, with more than half its population in poverty. The four poorest states —Bihar, Jharkhand, Uttar Pradesh, and Madhya Pradesh — were still home to 196 million MPI poor people, which was over half of all the MPI poor people in India.

How many poor children are there in India?

Of the 364 million people who were MPI poor in 2015-16, 156 million (34.6%) were children. In 2005-06 there were 292 million poor children in India, so the latest figures represent a 47% decrease or 136 million fewer children growing up in multidimensional poverty. Explained: Can Rahul Gandhi’s basic income scheme be a game changer?

What was the poverty rate in India in the 1990s?

There are wide variations in India’s poverty estimates for 1990s, in part from differences in the methodology and in the small sample surveys they poll for the underlying data. A 2007 report for example, using data for late 1990s, stated that 77% of Indians lived on less than ₹ 20 a day (about US$0.50 per day). [85]