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Today's Prelims Practice Questions 👇
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Explanation for today's MCQs👇
Syllabus: #GSIII - Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment.

Highlights:
1. The editorial concerns methodology used in multidimensional poverty indices including issues of measurability, aggregation across indicators, and data availability.

2. Editorial acknowledges the importance of analysing non-income indicators like education, health, sanitation, and child mortality alongside income or consumption poverty. However, it questions the effectiveness of converting these indicators into a single index, citing concerns about arbitrary weighting and aggregation.

3. Editorial emphasises the importance of consistent data and suggests improvements in data collection methods to provide a clearer picture of poverty trends and impacts.

Catchline:
“India has made momentous progress in reducing multidimensional poverty. The incidence of multidimensional poverty was almost halved between 2005/06 and 2015/16, climbing down to 27.5 per cent. Thus, within ten years, the number of poor people in India fell by more than 271 million — a truly massive gain”- MPI 2018

#Key_Words: Consumption-based poverty estimates, Capabilities approach, Data constraints, Data disparity.
2024/11/20 01:35:22
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