Given India's strides in reducing extreme poverty, should the country consider redefining its poverty line to better reflect the current socio-economic realities? Discuss the potential benefits and challenges associated with redefinition of the poverty line.

According to International Monetary Fund India has successfully pulled out around 250 million of people out of multidimensional poverty. However, the real extent of poverty still under due to lack of asset method & result data. Potential benefit of redefinition: 1) The current estimation is based on Tendulkar committee report which it, old by around 3 decades. 2) Even Rangarajan Committee report was also not implemented. 3) Changing definition of poverty worldwide: no more tabori or expenditure based Ex1 Multi Dimensional Poverty Index 4) PHDEL provides for living as minimum wage while haunt been a health All new help determine the after of wage 5) Need to multicast to Capability approach of Amartya den who poverty elimination