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Introduction
The economic reforms started in 1991 ushered in a new era in Indian Economy. From a protected economy it became an open globalised economy which was supposed to be integrated well to the world economy.
Some Macroeconomic Indicators existing at the onset of economic reforms.
Indicators Particulars
Population BPL 36.8%
Per Capita Income growth 3.3%
GDP Growth Rate 5%

The Planning Commission estimates the population below the poverty line using the expenditure distribution of NSS. In India the poverty line is estimated on the basis of calorie intake. If an Urban resident consumes less than 2000 calories per day & a rural resident consumes less than 2600 calories per day, than he comes under the category of below poverty line. According to the norms set by the World Bank a person earning less than $1 per day is assumed to be below the poverty line.
The cut-off expenditure is adjusted for inflation for successive years, and these levels are used to derive time......

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Approximate Word Count: 5394
Approximate Pages: 22 (250 words per double-spaced page)

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