India, Jan. 9 -- India is set to launch its first National Household Income Sample Survey in February.

It will directly measure household income and assess poverty levels.

The initiative aims to provide a more accurate picture of poverty than traditional expenditure-based estimates.

Challenges remain as past attempts faced issues with income disclosure and accurate reporting.

Come February, India will roll out its first National Household Income Sample Survey. The Survey will measure household income, which will also estimate the level of poverty, or prosperity, in the country.

The Survey will, effectively, prepare a household's balance sheet. It will seek extensive information on income and expenditure of a household - from input an...