Economics · Economy
Consider the following statements regarding Poverty Alleviation and its dimensions in India: 1. Poverty Alleviation is a multi-dimensional concept involving both income enhancement and improved access to social infrastructure like health and education. 2. India officially measures absolute poverty using monetary poverty lines based on per capita consumption expenditure, as historically recommended by expert groups like the Tendulkar and Rangarajan Committees. 3. A rise in the cost of living for essentials like food and fuel typically exerts a greater negative impact on the real income of the poor compared to the rich, widening inequalities. Which of the statements given above are correct?
- 11, 2, and 3✓
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only
Correct answer
1, 2, and 3
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