What is the full form of BPL
1) BPL: Below Poverty Line
BPL stands for Below Poverty Line. It is an economic benchmark set by the government of India to identify the economically weaker people and households in urgent need of government aid. It refers to a threshold income. The people whose income is below this threshold income are considered poor or below poverty line. The government launches various schemes to help the BPL section so that their basic needs like food, shelter and clothes could be fulfilled. According to a committee headed by C Rangarajan (former Reserve Bank Governor) around 30% of the total population of India lived in poverty in 2011-12.
The Government uses various parameters to identify the below poverty line (BPL) sections. These parameters may vary from state to state and may be different for rural and urban areas. Furthermore, the different countries have different parameters and methods to define the poverty line.
In India, in 2011, the poverty line was defined by the Suresh Tendulkar Committee. It was defined on the basis of monthly expenditure on food, health, education, transport and electricity. According to this committee, a person who spends Rs. 33.3 a day in urban areas and Rs. 27.2 a day in rural areas is living below the poverty line.
Parameters to define BPL
2) BPL: British Physical Laboratories Group
BPL stands for British Physical Laboratories Group. It is an Indian electronics company which manufactures digital and electronics products. It is headquartered in Bangalore, India. Its subsidiaries include BPL Display Devices, Bharat Energy Ventures and BPL Securities. BPL is a reliable brand in consumer durable market and its distribution network comprises over 7000 channels partners. As of 2016, Ajit G Nambiar is the Chairman and Managing Director (CMD) of BPL.