IIT JAM 2023 Question 8: Poverty, inequality and human development
Which committee for the first time recommended for India (i) use of implicit prices from household consumer expenditure surveys for computing and updating poverty lines, and (ii) the Mixed Reference Period (MRP) in estimating poverty lines?
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Poverty, inequality and human development has come up 92 times in 7 exams since 2010.
What this question tests
This question is on Poverty estimation in India, part of Poverty, inequality and human development in Economics of Growth and Development.
How India's poverty line has been set and re-estimated over time.
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