Describe the poverty trends in India since 1973.

	Poverty ratio (%)			Number of Poor
Year	Rural	Urban	Cambined	Rural	Urban	Combined
1973-74 1993-94	56.4 37.3	49.0 32.4	54.9 36.0	261 244	60 76	321 320
1999-00	27.1	23.6	26.1	193	67	260

(i)It is clear from the above table that there is substantial decline in poverty ratio in India from about 55 per cent in 1973 to 36 per cent in 1993.

(ii)The proportion of people below poverty line further came down to about 26 per cent in 2000.

(iii)If the trend continues, people below poverty line may come down to less than 20 per cent in the next few years.

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Describe the poverty trends in India since 1973.