First-ever National Multidimensional Poverty Index (MPI)

A multidimensional measure of poverty incorporates a range of indicators that capture the complexity of the phenomena of poverty and helps in making informed policies aimed at reducing poverty and deprivation in a country. Elaborate. (250 Words)

Approach:

• Introduce by giving data on poverty in India
• Enumerate various aspects of Poverty and why multidimensional measures are needed.
• Enumerate policies by Government aimed at reducing poverty
• List measures that can be taken.
• Conclusion