Poverty: Measurement and Eradication Programmes

Poverty can be defined as a condition in which an individual or household lacks the financial resources to afford a basic minimum standard of living. However, the perception regarding what constitutes poverty may vary over time and across countries.

Measurement of Poverty

Poverty Measurement: Absolute Poverty

• Absolute poverty, as defined by the United Nations World Summit for Economic Development, signifies a state of extreme deprivation concerning fundamental human requirements.
• This deprivation encompasses essential elements such as food, safe drinking water, sanitation facilities, healthcare, housing, education, and access to information. It is contingent on both income levels and access to social ....