Extended Poverty Minimum

Because poverty affects all the population in a country, directly or indirectly, the consequences are generally grave concerning the failure of the administration to invest in social infrastructure. If policy makers wish to meet the essential requirements of the community, so that people are healthy, public care costs are minimal, and people and their neighborhoods are safe, then they will have to invest in social infrastructure. Countries across the globe collect data on household expenditure or consumption through various sample surveys, such as household budget surveys, consumer price indices, household consumption and [Page 535]expenditure surveys, and household income and expenditure surveys. The goal of such surveys is to obtain data on socioeconomic or living standards for the extended poverty minimum (EPM) program and for framing ...