India's poverty lies in the eyes of the beholder.' In light of this statement, examine the need for a credible and periodically updated poverty estimation framework in the country.
Introduction
There are multiple poverty estimation frameworks in India, with World Bank, NITI poverty line at 2.51, World Bank poverty line at 2.51, SB1 - 4.51. Thus, there is an acute need for a single framework.
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Main Body
Poverty lies in the eyes of the beholder.
Household deprivation: Material deprivation & Non-material deprivation. Poverty: Deprivation and Aspiration.
Need for a credible and periodic poverty estimation framework: (1) Multiple framework results lack of clear inputs. (2) Poverty = must be actualized, hence need for single framework in current.
Need in policy-making: Disaggregated framework and social category-specific intervention (Abaya-HFAM State poverty line). Effective membership and outreach: Welfare schemes by through MNPI like farmers' disbursements in multiple states. Enhance global useability and savings for distributed domestic aid.
Ensure public trust in government by crediting powerful. Eradication of Poverty - SDGs must also be measured equally, hence need for single framework is crucial.
Conclusion
Ensure a single, credible, and periodically updated poverty framework for effective implementation of poverty alleviation initiatives
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PRACHET
Issues relating to Poverty and Hunger
Paradox of Poverty
Poverty estimation frameworks and measurement
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analytical
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