Do you think that the present methodology of poverty estimation is appropriate?
No, the present-day methodology of poverty estimation does not seem to be completely appropriate. This is because the only factor taken into consideration is economic status, and moreover, it considers a minimum subsistence of living instead of a reasonable status of living. Poverty today is a larger concept than only the economic status of the people. With advancements and development, the definition of poverty has also changed. People might be able to feed themselves and their families, but education, shelter, health, job security and dignity remain far from their reach. To overcome poverty entirely, all the above-mentioned factors also need to be kept in consideration. To completely remove poverty from the country, the methodology to estimate poverty should also be changed.
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