#S S Mundra

20 March 2015
Composite index needed to measure poverty: RBI Deputy Governor

India needs a new measure to indicate its poverty that reflects the progress, or the lack of it, in the provision of basic necessities like health, education and sanitation for the citizens, Reserve Bank of India Deputy Governor S S Mundra said. Speaking at the first day of the two-day 39th Skoch Summit here, Mundra, who oversees banking supervision, currency management, financial stability and rural credit at the central bank, said such an index will make delivery of the government welfare schemes and services more meaningful and outcome-oriented.