Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R):
Assertion (A): Though India's national income has gone up several fold since 1947, there has been no marked improvement in the per capita income level.
Reason (R): Sizeable proportion of the population of India is still living below the poverty line.
In the context of the above two statements which one of the following is correct?