Volume : IV, Issue : VIII, August - 2014
A Review of Different Measures of Poverty in India
Mr Pankaj Kumar, Dr P K Dam
Abstract :
Poverty has been in existence for many centuries in India. Scientific analysis of poverty is a sine qua non to understand the problems at hand & tackling the same for accelerated growth in poverty ridden area concerned. For this, clear ideas regarding socio–economic condition prevailing in poverty ridden area need to be generated to enable the planners & policy makers to know where the shoe really pinches. The present paper reviews various definitions of poverty, different standardized measurements to estimate poverty & quantum of development based on consumer expenditure so that relevance of all these can be assessed in current context of development in India. Poverty has gone down by 7.3% during 2004–05 to 2011–12. Rural / Urban differences in poverty revealed reduction of poverty by 8% in rural areas during the said period. Poverty ratio dropped to 21.9% in 2011–12 from 37.2% in 2004–05 indicates that focalized action towards capacity building with equality is the need of the hour
Keywords :
Poverty Accelerated growth Poverty measurement Consumer expenditure Capacity building with equality.
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DOI : 10.36106/ijar
Cite This Article:
Mr Pankaj Kumar, Dr P K Dam A Review of Different Measures of Poverty in India Indian Journal of Applied Research, Vol.4, Issue.8 August 2014
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Mr Pankaj Kumar, Dr P K Dam A Review of Different Measures of Poverty in India Indian Journal of Applied Research, Vol.4, Issue.8 August 2014
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