India, Feb. 1 -- It isover 10 years since India estimated its poverty; for which poverty reductiondid the Finance Minister then take credit for?
Photo: @nsitharamanoffc / X
For the first time, the word "multidimensional poverty" appeared in the budget speech of an Indian finance minister. Nirmala Sitharaman claimed that the National Democratic Alliance government had "assisted" 250 million people escape multidimensional poverty in the last decade.
Appearance, rather acceptance, of multidimensional poverty as a measure of poverty is a great stride in how we approach poverty and deprivation. Income poverty - the usual measure that we use to quantify poverty level or to identify the poor - is solely based on economic factors. But poverty is...