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

Type of house
Status of children
Consumer durables
Food security
Clothing
Literacy status
Landholding
Sanitation etc.

The Indian poverty line is determined by income

In terms of income and food needs, the poverty line was initially set in 2000. It has been determined that an individual should consume 2100 calories per day in cities and 2400 calories per day in rural places. The price of the grains (about 650 g) that meet this normative criterion was then determined. The poverty line was this price. In 1978, it was Rs. 61.80 for rural areas and Rs. 71.30 for urban areas per person per month. The poverty line has since been determined by the Planning Commission each year after accounting for inflation.

This salary barely covers the cost of food and does not give much for other fundamental necessities like healthcare, education, etc. Because of this, the poverty lines have occasionally been called "starvation lines."

Example of BPL Scheme Misuse

Because of systemic corruption, those who are not eligible can benefit from the BPL designation. Grain and fuel are being diverted to the black market as a result of a chain of corruption that extends from a government official to a retailer that was hired by the government.

There have been rumours in some regions that corrupt MLAs and officials forced government personnel to receive perks under the BPL programme in exchange for their support. Linking up with Aadhar is one strategy for battling corruption.

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 the consumer durable market and its distribution network comprises over 7000 channel partners. As of 2016, Ajit G Nambiar is the Chairman and Managing Director (CMD) of BPL.

Brief History

BPL was founded in 1963 in Palakkad, Kerala. It was established as a single product company to manufacture high-precision panel meters for defense applications.
In 1967, it started manufacturing electrocardiographs in technical collaboration with Fukuda Electric Co, Japan.
In 1967, it started the manufacturing of Power Line Carrier Communication Equipment.
In 1975, it established its sales and marketing department.
In 1982, it entered the consumer electronics market.
In 1984, it started producing EPABX and telephone equipment.
In 1985, it received the industrial license to manufacture VCRs in collaboration with Sanyo.
In 1994, it started manufacturing kitchen appliances.
In 1995, it launched mobile telephone services in Maharashtra, Tamil Nadu and Kerala.
In 2000, it entered into a strategic alliance with Slovenian Manufacturing Company to start off-shore manufacturing in Europe.
In 2001, it established a state-of-art design and development centre for systems and software solutions at BPL Telecom.
In 2005, it entered into a joint venture with Sanyo for CTV production and its distribution.
In July 2015, Flipkart became the exclusive online retailer of BPL to sell its products online.

Partnership with Sanyo

The 50:50 joint venture between the BPL Group and the largest Sanyo Electric Company Ltd. in Japan officially began.

The pair, who had been together since 1982, had taken a break from partnership while going through some difficult circumstances. In order to reclaim lost market share, they made the decision to team up again in 2006.

Sanyo-BPL Pvt Ltd Chairman and Chief Executive Officer, Ajit G Nambiar, revealed the Joint Venture's plans and stated that the company anticipated posting revenues of around 2,000 crores (43 billion or US$540 million in 2020) by 2009 and dominating the market for consumer electronics and white goods in five years.

However, they made the decision to sell their brands independently, with Sanyo positioning itself as the value driver and BPL concentrating on the volume area.

Additionally, Sanyo intended to use India as its base of operations for sourcing and has already begun sourcing skinny TVs from there. Additionally, it anticipated that its activities in India would account for 5% of its overall global revenues.

Following the demise of the Sanyo BPL venture in May 2007. Seventy percent of Sanyo BPL employees left the company. BPL focused solely on the Healthcare Business Group, which has a well-established national distribution and service network and own production of electromedical equipment such as electrocardiography devices and patient monitors.

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