POVERTY

IN INDIA
By nadeem saifi
 Definition
Poverty is a state or condition in which a person or
community lacks the financial resources and
essentials for a minimum standard of living.

Poverty means that the income level from

employment is so low that basic human needs can't
be met.
 Explanation of Poverty
The poverty is that condition of living which a expenditure cannot
maintain a standard of living with enough to provide for the
physical and mental efficiency

In India poverty is defined as a situation in which an

individual fails to earns sufficient income to buy his basic
means of subsistence.
 TYPES OF POVERTY
Absolute poverty is when household income is below a
certain level, which makes it impossible for the person or
family to meet basic needs of life including food, shelter, safe
drinking water, education, healthcare, etc.
Relative poverty is when households receive 50% less than
average household incomes, so they do have some money
but still not enough money to afford anything above the
basics. 
(Mahatma Gandhi National. Rural
Employment Guarantee Act)
(Human Development Index) 

(The marginal propensity to invest)

(Group Health insurance)

 CONCLUSION
Poverty and Unemployment is the biggest problem we are facing in India
they are like 2 sides of a same coin if we want to develop our nation we have
to remove this, and for this we have to provide proper knowledge and spread
awareness among the people regarding the policies and the schemes which
the government had started to eradicate poverty and unemployment.

In current scenario due to covid-19 which had introduced a new term

'lockdown' which affects our Nation a lot and due to this we have gone 20
years back in the terms of finance and to overcome this we have to remove
poverty and unemployment.
Thank You