Centre is likely to come out with a new definition of poverty, with the Niti Aayog likely to set up a committee to formulate a new 'poverty line'.
As per ‘The Times of India’ report, step was necessitated as the Niti Aayog has to measure the impact of government's anti-poverty schemes and other welfare initiatives, and set a target for poverty drop while readying its first 15-year vision document and seven-year strategy paper, which have replaced the five-year plan.
Ayog is treading with caution on the assessment of the poverty line as the issue prompted a big controversy during UPA's tenure.
An official in Niti Ayog said the new poverty line will only outline poverty, and won't be used to classify the poor or allocate resources under government schemes.
It will only be a tool to measure the effect of programmes.
Report added that the panel, which is likely to be set up soon, will look at the issue in a focused way and submit its report in few months.