Introduction: Governor, C. Rangarajan Committee submitted a report Govt

Introduction:Poverty is a widespread condition in India.It includes not only economic insecurity but also social discrimination andexclusion, lack of basic services, such as education, health, water andsanitation, and lack of contribution in decision making. In September 2015, thepost 2015 UN Development Agenda, comprising of 17 Sustainable Development Goals(SDGs) that address the key concerns of humanity and 169 interlinked Targetswill be adopted, replacing the Millennium Development Goals (MDGs). These strivingand aspirational SDGs call for significant rethinking in development processesacross the world. Building on the MDGs, the SDGs suggest to end poverty and withdrawalin all forms, leaving no one behind, while making development economically,socially and environmentally sustainable. The Government of India has alsoadopted the principle of Sabka Sath, Sabka Vikas (“Together with All,Development for All”), and stated that the “first maintain on developmentbelongs to the poor”.Poverty in India:Poverty is an important issue in India. TheWorld Bank reviewed and planned revisions in May 2014, to its povertycalculation methodology and purchasing power uniformity basis for measuringpoverty worldwide, including India.

According to this revised methodology, theworld had 872.3 million people below the new poverty line, of which 179.6million people lived in India. In other words, India with 17.5% of totalworld’s population had 20.6% share of world’s poorest in 2011. Planning Commission ofIndia defined poverty and measured on calorie based both in rural and urbanareas.

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It is distinct that below poverty lines (BPL) people consumed 2400 Kcal/ day in rural areas and 2100 Kcal/day in urban areas.  Suresh TendulkarCommittee recommended BPL as Rs. 27 in rural areas and 33 in urban areas informationsubmitted in 2011-12, but former RBI Governor, C.

Rangarajan Committeesubmitted a report  Govt that in the year2014 that BPL as those spending Rs. 32/- per day in rural areas and Rs. 47/- inurban cities. greater part of the rural poor in India are poor because, lack ofassets like land and joblessness. Besides this caste, race, ethnicity, genderare other aspect.