It measures the proportion of the population that is poor. Furthermore, it is popular because it is easy to understand and measure. But it does not indicate how poor the poor are.
The Headcount Index is calculated by taking the total number of people in a country who fall below a predetermined income level and dividing this figure by the total population.
Discover more from Free UPSC IAS Preparation For Aspirants
Subscribe to get the latest posts sent to your email.
