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15/01/2021 3:32 pm
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Do you think that the present methodology of poverty estimation is appropriate?
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15/01/2021 3:34 pm
No, the present methodology of poverty estimation is not appropriate because it takes into account only the basic needs of food, clothing, fuel etc. But the quality of these basic necessities is the lowest quality available. The amount which is fixed as the poverty line does not include the margin for the constant price fluctuations. The poverty line should include some corrections for inflation and market fluctuations.