Question

What are the various estimation of poverty

Answer 1

One of the most important problem from which India is fighting is poverty prevailing in country. Hence, in this blog I would like to share my information and ideas on how the methodology changed with in estimation of poverty.

The Planning Commission is the nodal agency in the Government of India for estimation of poverty.
It constitutes Groups from time to time to revisit the methodological issues related to the measurement of poverty so as to make the estimates more relevant to the contemporary economic situation.

Hence, with the time planning commission had many expert groups which worked to evolve a better system for estimating poverty in India.

The first was group was WORKING GROUP 1962. It recommended that the national minimum consumption expenditure should be Rs.20 per capita per month in rural areas and Rs. 25 in urban areas; in terms of 1960-61 prices. The poverty line excluded expenditure on health and education. It took recommendations of ICMR norms of 1958.