Explain Sen’s Measure of Poverty.

Sen's Measure of Poverty, developed by Nobel laureate economist Amartya Sen, focuses on the capability approach to understand and measure poverty. Unlike traditional income-based measures, Sen's approach emphasizes the importance of individuals' capabilities to function and participate fully in society. Sen argues that poverty should be understood not only as a lack of income but also as a deprivation of essential capabilities, such as access to education, healthcare, nutrition, and social participation.

Sen's measure of poverty considers poverty as the inability to achieve a certain level of well-being or functionings that are considered essential for a decent standard of living. This approach takes into account individual differences, social context, and diverse needs, recognizing that poverty is multidimensional and dynamic. Sen emphasizes the importance of addressing the underlying causes of poverty, such as social exclusion, discrimination, and lack of opportunities, rather than merely focusing on income redistribution.

Sen's measure of poverty has been influential in shaping policies and interventions aimed at poverty reduction and human development, emphasizing the importance of expanding capabilities, empowering individuals, and promoting social justice and equity. By focusing on people's capabilities and freedoms, Sen's approach provides a more comprehensive and nuanced understanding of poverty and informs efforts to promote inclusive and sustainable development.