THE EVOLUTION OF CONCEPT OF POVERTY- AN EMPARICAL DISCUSSION

Abstract

India's national development goal, which aims to establish a just and equal society, is centered on the elimination of poverty, which has been a significant problem since independence. Since there aren't many resources available, accurately estimating poverty is the first step towards eliminating it as a fundamental contribution to the planning, execution, and oversight of anti-poverty initiatives. Measurement plays a crucial role in providing insight into the degree of strategy success for reducing poverty and promoting equitable growth. In this paper we study evolution of the concept of poverty as well as measurement of poverty in India. Here we focused various dimension of poverty in India. In this paper we collect all the information as well as data through secondary sources. No doubt various measurements of poverty as well as concept developed since independence but still more study is needed in the area of poverty to eradicate poverty from the society.