Concept and Measurement of Poverty: Income and Non-income Measure

The definition of poverty is not only important to have a macro picture of the economy but is also important to deal with the problem so that genuine beneficiary of the government programme can be identified. This paper is an attempt to define poverty precisely and review different definition and measurement of poverty of different researcher and development experts. Poverty is a situation where a large section of society‘s population is incapable of satisfying the basic needs. The earliest definitions of poverty centered on the inability to obtain adequate food and other basic necessities. But with the passage of time many researcher and development experts continue to define the concept of poverty including different criteria and in many different ways. Concept of poverty is related to the culture, belief, habit and environmental (both social and economic) conditions of the area in which people live.