Do you think that present methodology of poverty estimation is appropriate?
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Answered by
62
No I don't think that the present methodology of poverty estimation is appropriate.
The present methodology of poverty Estimation in only a quantitative concept and hence it is not appropriate. It discusses a concise meaning of the term poverty to the people. It talks about a' minimal' subsistence level of living and not the 'reasonable level of Living'. Many economist recommend the need to broaden the concept of human poverty.
The aspects such as education, health, job, self confidence, equality e.t.c should also be included while calculating poverty. These aspects are important to measure as they determine the overall quality of life.
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Hope this will help you....
The present methodology of poverty Estimation in only a quantitative concept and hence it is not appropriate. It discusses a concise meaning of the term poverty to the people. It talks about a' minimal' subsistence level of living and not the 'reasonable level of Living'. Many economist recommend the need to broaden the concept of human poverty.
The aspects such as education, health, job, self confidence, equality e.t.c should also be included while calculating poverty. These aspects are important to measure as they determine the overall quality of life.
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Hope this will help you....
Answered by
22
No, the present methodology of poverty estimation is not appropriate because it takes into account only the basis needs i.e. food, clothing, etc. But the quality of these basic necessities is the lowest quality available, which is not appropriate.
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