Multidimensional Poverty Index (Global and Indian)

Need

  • Money-factor Misleading: Poverty assessments based on money might be misleading. The overlap between monetary and non-monetary indicators of poverty is not perfect, according to studies. In most circumstances, not everyone who is income poor is also multi-dimensionally poor, and not everyone who is multi-dimensionally poor is also income poor.
  • Better Informed Policies: To better inform policies aimed at addressing the needs and deprivations encountered by poor population both monetary and non-monetary measurements of poverty are required.
  • Economic Progress not Enough: Economic progress does not always relieve poverty or deprivation. Several studies have discovered that economic growth is not ....
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