New methods needed to answer old controversy in poverty measurement

The professional divide on Tendulkar?s estimation goes a long way back

Sreelatha Menon & Indivjal Dhasmana

New Delhi : A committee is being set up to devise yet another methodology to estimate poverty in India. The step has led to some unhappiness among economists and experts that it amounts to junking the services and competence of an expert like the late Suresh Tendulkar, whose study is sought to be replaced.

Under pressure from all sides over its estimate of people living below the poverty line, the Planning Commission last month virtually abandoned the Tendulkar panel’s estimation method. A committee would now be constituted to revisit the methodology to estimate poverty..

to read more click on the link http://business-standard.com/india/news/new-methods-needed-to-answer-old-controversy-in-poverty-measurement-/470621/

Source: business-standard.com

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