Indian History

Absolute Poverty

Inthe absolute Standard, minimum physical quantities of cereals, pulses, milk, butter etc are determined for a subsistence level and then the price quotations are converted into monetary terms for the physical quantities. aggregating all the quantities included, a figure expressing per capita consumer expenditure is determined.

The population whose level of income or expenditure is below the figure is considered to be the absolute poverty or a person whose income or consumption expenditure is so meagre that he lives below the minimum subsistence level is called absolute poverty.

In this regard, it is pertinent to make a mention about this type of poverty in terms of calories. As per the Indian Council of Medical Research, these physical quantities should lead to the provision of 2400 calories per capita for the rural areas and 2100 calories per capita in urban areas on daily basis.