Shifting Paradigms: Tracing The Evolution Of Poverty Measurement In India
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Abstract
This article explores the evolution of poverty measurement in India, tracing the transition from unidimensional to multidimensional approaches over time. It emphasises that it is a complex and dynamic concept, extending beyond mere income or consumption metrics to include a lack of capabilities to meet basic needs. It also provides an analysis of the trends of poverty levels estimated with various methodologies employed by expert groups and committees formed from time to time. Furthermore, it explores the concept of multidimensional poverty as a more comprehensive approach, going beyond monetary terms. In summary, the article offers a significant overview of poverty measurement in India and also emphasises adopting a holistic approach to poverty reduction.