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PLP (Poverty Line Percentage)
Definition:
The Poverty Line Percentage (PLP) is a measure of poverty that represents the percentage of people in a population living below a certain threshold of income or consumption. This threshold, known as the poverty line, is typically determined by a nation’s government based on its cost of living and economic conditions.
Global Poverty Rates:
According to the World Bank, as of 2021, the global poverty headcount ratio (percentage of people living below $1.90 per day) is estimated to be around 10%. This means that over 736 million people worldwide live below the poverty line.
BPL in India:
India has a significant poverty problem, with an estimated 28% of its population living below the poverty line. This is despite India’s economic growth and progress in recent years.
Causes of Poverty:
Government Initiatives:
Indian governments have implemented various schemes and programs to tackle poverty, including:
Conclusion:
BPL is a significant issue in India, with a large population living below the poverty line. The causes of poverty are complex and multifaceted, and addressing them requires a multifaceted approach. Government initiatives, non-profit organizations, and civil society can work together to reduce poverty and create a more equitable society.
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