Poverty Line 2024 Household Of 5

Poverty Line 2024 Household Of 5. The world bank updated the global poverty lines in september 2022. Less than 5% of indians are now expected to be below the poverty line, and extreme destitution has almost gone away, a top government official asserted on february 25, citing the findings of.

The poverty line that is used for. The agency defines the poverty level based on household size, increasing the cap by $5,140 for each member of the household past the first and adjusting it every year based on inflation and other factors.