Whereas the number of poor can be fixed simply through a sample survey, identifying them would need visiting each and every household. While Planning Commission was the official agency to estimate the percentage of population below poverty line (BPL) once in five years based on the National Sample Survey on Consumption Expenditure, a Census to identify the BPL households has been conducted by the states through the Ministry of Rural Development of the Central Government three times (1992, 1997 and 2002) in the last 25 years.
Under the Millennium Development Goals (MDGs), India along with other developing countries, has committed to eradicate extreme poverty. The deadline to achieve the goal is 31st December 2015. However, according to a recent United Nations report, nearly 300 million people still live in extreme poverty in India and face deprivation in terms of access to basic services, including education, health, water and sanitation.
The Merriam Webster Dictionary defines poverty as "the state of one who lacks a usual or socially acceptable amount of money or material possessions." However, poverty is not simply characterised by a lack of adequate income. It has far reaching implications.
With the launch of Pradhan Mantri Jan Dhan Yojana (PMJDY), it is time for the poor of India to rejoice. Every time Narendra Modi speaks of Jan Dhan, the product-on-offer gets better.