Class 12 Economics Notes · GSEB

Meaning and Nature of Poverty

Meaning and Nature of Poverty — distinguishes income from non-income poverty and traces the poverty line from calorie norms to the Tendulkar committee. GSEB Class 12 Commerce Economics notes with a poverty-line threshold figure, a committee timeline and an absolute-versus-relative comparison.

Written by Sahil, Commerce Educator · Reviewed by the Study Simplify editorial team · Last updated: 30 Oct 2026

Notes

Meaning and Nature of Poverty

Learn the traditional and modern meanings of poverty, the poverty line from calories to the Tendulkar committee, and the difference between absolute and relative poverty. GSEB Class 12 Commerce Economics notes.