Define poverty.

Poverty is an economic and social problem where a section of the society cannot meet its daily requirements like food and shelter due to lack of money. Poverty is of two type-

1. Absolute poverty- it is synonymous with destitution when people can't compete for their basic needs or can't buy basic resources like food, clothes to survive it.

2. Relative poverty- relative poverty occurs when some people do not enjoy a certain level of living standards as enjoyed by the bulk of the population.

Poverty in India is most widespread in the rural areas due to lack of basic facilities like education and health services which hinders their development.