Chennai, July 07 (ANI): Talking about the panel report on poverty which raised the daily per capita expenditure to Rs 32 for the rural poor and to Rs 47 for the urban poor, PM Economic Advisory Council Chairman C Rangarajan said that it suggests bare minimum standard of living. He also said that this is 19% higher than poverty line fixed by Tendulkar report for rural areas, 40% for urban areas. The report also said that every three people out of 10 are poor in India.