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The report addresses the following questions:
- Is the present B40, M40 and T20 demarcation useful in classifying households according to their economic well-being?
- Are the “B40” households homogeneous? Is it justifiable to equate the B40 as being “poor” and consequently, as a target group for government policies and assistance?
- Do the “M40” households demonstrate characteristics of a “middle-income status” group; are they the aspirational/“middle-income class” group?
The findings of this report are based on the state of households in 2014 since we have utilised mostly microdata from the Household Income & Basic Amenities Survey (HIS/BA) and Household Expenditure Survey (HES) for that year.
