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 and
exclusion, lack of basic services, such as education, health, water and
sanitation, and lack of contribution in decision making. In September 2015, the
post 2015 UN Development Agenda, comprising of 17 Sustainable Development Goals
(SDGs) that address the key concerns of humanity and 169 interlinked Targets
will be adopted, replacing the Millennium Development Goals (MDGs). These striving
and aspirational SDGs call for significant rethinking in development processes
across the world. Building on the MDGs, the SDGs suggest to end poverty and withdrawal
in all forms, leaving no one behind, while making development economically,
socially and environmentally sustainable. The Government of India has also
adopted the principle of Sabka Sath, Sabka Vikas (“Together with All,
Development for All”), and stated that the “first maintain on development
belongs to the poor”.

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Poverty in India:

Poverty is an important issue in India. The
World Bank reviewed and planned revisions in May 2014, to its poverty
calculation methodology and purchasing power uniformity basis for measuring
poverty worldwide, including India. According to this revised methodology, the
world had 872.3 million people below the new poverty line, of which 179.6
million people lived in India. In other words, India with 17.5% of total
world’s population had 20.6% share of world’s poorest in 2011. Planning Commission of
India defined poverty and measured on calorie based both in rural and urban
areas. It is distinct that below poverty lines (BPL) people consumed 2400 Kcal
/ day in rural areas and 2100 Kcal/day in urban areas.  Suresh Tendulkar
Committee recommended BPL as Rs. 27 in rural areas and 33 in urban areas information
submitted in 2011-12, but former RBI Governor, C. Rangarajan Committee
submitted a report  Govt that in the year
2014 that BPL as those spending Rs. 32/- per day in rural areas and Rs. 47/- in
urban cities. greater part of the rural poor in India are poor because, lack of
assets like land and joblessness. Besides this caste, race, ethnicity, gender
are other aspect.