ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Poverty Estimates and Indicators-Importance of Data Base

Importance of Data Base M H Suryanarayana This paper emphasises the importance of the data base in any discussion of poverty and identifies the major data gaps for policy studies. Beginning with the identification of the poor based on a measure of standard of living and a minimum norm and going up to the final stage of policy prescription, an awareness of the data base and the constraints it imposes on interpretations is crucial. Conventional approaches to poverty identification and measurement presuppose a stationary economy. But in an economy subject to changes in institutional parameters involving increasing commercialisation of product markets and growing casualisation of labour markets, as in India in recent years, the conventional approach can yield misleading results and policy prescriptions.

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