How has the Indian government been recalibrating socio-economic markers to suit the terrain, and why

Explain the process of recalibration of socio-economic markers and the reasons why the Indian government has initiated this project.
The Indian government has been recalibrating socio-economic markers to cater to the diverse terrain of the country. The process of recalibration involves revising the way poverty, development, and other socio-economic indicators are calculated to account for the unique challenges faced by different regions.
  • One of the reasons for this initiative is to address the issue of skewed development. Certain regions in India have traditionally been left behind in terms of development, and recalibrating socio-economic markers is designed to account for this.
  • The government is also seeking to make more targeted investments in the country's human and physical infrastructure. By recalibrating socio-economic markers, the government can better identify and allocate resources to the most in-need regions.
  • Another reason is to better reflect the country's diverse geography, which ranges from urban areas to remote villages. When socio-economic markers are more accurately calibrated, including factors like urbanization and accessibility, the government can ensure that policies are tailored to the needs of a particular region.
Overall, the recalibration of socio-economic markers is an important initiative by the Indian government to create a more equitable and inclusive society. By taking into account the unique challenges faced by different regions of the country, the government can make more informed decisions about where to allocate resources and how to promote development.
Answered a year ago
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