International Journal of Social Science & Economic Research
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Title:
PEOPLE’S PERCEPTION OF STANDARD OF LIVING INDICATORS -AN URBAN INDIAN INSIGHT

Authors:
Yuvakshi Dam

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Yuvakshi Dam
Delhi Public School, Sushant Lok

MLA 8
Dam, Yuvakshi. "PEOPLE’S PERCEPTION OF STANDARD OF LIVING INDICATORS -AN URBAN INDIAN INSIGHT." Int. j. of Social Science and Economic Research, vol. 7, no. 9, Sept. 2022, pp. 2883-2901, doi.org/10.46609/IJSSER.2022.v07i09.009. Accessed Sept. 2022.
APA 6
Dam, Y. (2022, September). PEOPLE’S PERCEPTION OF STANDARD OF LIVING INDICATORS -AN URBAN INDIAN INSIGHT. Int. j. of Social Science and Economic Research, 7(9), 2883-2901. Retrieved from https://doi.org/10.46609/IJSSER.2022.v07i09.009
Chicago
Dam, Yuvakshi. "PEOPLE’S PERCEPTION OF STANDARD OF LIVING INDICATORS -AN URBAN INDIAN INSIGHT." Int. j. of Social Science and Economic Research 7, no. 9 (September 2022), 2883-2901. Accessed September, 2022. https://doi.org/10.46609/IJSSER.2022.v07i09.009.

References

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ABSTRACT:
Standard of living, although a complicated multi-factorial concept, comprises of social, economic, and environmental well-being of communities as a whole. While various universal indicators have been established and researched to measure the standard of living but no single method is efficient enough to take into consideration all facets necessary to determine the exact living standards of countries and communities around the world.It becomes extremely essential for us to come up with a robust and encompassing system that takes into account all of the essential indicators so that accurate judgments can be made and SDG goals can be achieved by society as a whole. This research, based on data analysis of an online survey conducted, seeks to unfold the people’s perspective on the different factors which measure the standard of living in the urban Indian population along with a critical analysis of the universally recognized methods to measure the same by international organizations globally. The survey results highlight the importance and significance of economic well-being in our country; employment opportunities and inflation topping the critical factors to determine the standard of living (SOL). The change in mindset and recognition of environmental significance in the urban Indian masses is extremely promising and encouraging as the youth of the nation can certainly take progressive steps against environmental issues. Overall, the results of this survey can guide the policymakers of the country to achieve sustainable growth and enhance the quality of life of the citizens of our country.

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