Empirical analysis of poverty in India using multidimensional poverty index

oleh: Jacob Varghese, Sakhi Roy

Format: Article
Diterbitkan: Wolters Kluwer Medknow Publications 2023-01-01

Deskripsi

Background: This study has employed the multidimensional and flexible index that is the Multidimensional Poverty Index (MPI) in achieving the objective of this study. Aims and Objectives: This study intends to assess and quantify the poverty levels of India using MPI. Materials and Methods: This study has selected eight indicators across three dimensions – health, education and social capital, and standard of living – in the estimation and applied the MPI method of cross-dimensional cut off across the indicators. Results: Upon completion, this study showed that India faces multidimensional poverty with an MPI of 0.4328. Conclusion: Estimation of multidimensional poverty can be done by even health-care professionals/institutes, notwithstanding constraints of data availability, to be used for policy considerations.