Choose given statement is True/False

The present methodology of poverty estimation is appropriate.

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True

False

answer is B.

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Detailed Solution

The statement is false.
The current way of estimating poverty is not entirely reliable. This is so because only the economic situation is considered, and even then, only a minimal standard of living is taken into account rather than an adequate standard of life. Although people may have been able to feed themselves and their families, they still face threats to their education, shelter, health, job security, and dignity. All of the variables mentioned above must also be considered if poverty is to be wholly eradicated. For improved outcomes, the approach should also be altered to abolish poverty in India entirely. Poverty is a broad notion readily comprehended and eliminated through these actions.
The current way of estimating poverty is not entirely reliable.

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