Explain jail cost of living.
Jail cost of living: Various attempts have been made to develop a scale to measure poverty. Dadabhai Naoroji was the first to measure poverty. He used the jail cost of living term to measure the poverty line. He used the menu for a prisoner and used appropriate prevailing prices to arrive at the cost of consumption of an adult prisoner.
Write a short note on “Transient poor.”
Who first discussed the concept of poverty line in pre-independence India?
Name the different methods (norms) of fixing poverty line.
Should the poverty line cut off be determined in terms of income or in terms of consumption and why?
