What are the limitations of inflation-adjusted poverty lines in India? Examine the price-basket based indexation method recently applied to update the Rangarajan poverty line. Assess its robustness as a framework for future poverty measurement in the country.

Topic: Indian Economy and issues relating to planning, mobilization of resources Q6. What are the limitations of inflation-adjusted poverty lines in India? Examine the price-basket based indexation method recently applied to update the Rangarajan poverty line. Assess its robustness as a framework for future poverty measurement in the country. (15 M) Difficulty Level: Difficult Reference: …

Insights Daily Answer Writing Challenge Day – 51

QUESTIONS: DAY – 51 (GENERAL STUDIES PAPER-III, Topics: Important International institutions, agencies and fora- their structure, mandate; Issues relating to poverty and hunger) “The promise of more effective global economic governance aftermath the 2008 Financial crisis remains unfulfilled.” Critically comment on the steps taken by the key global institutions in the light of the given statement. (250 …