| Improvement in standard of living has remained the basic objective of any democratic nation. The most commonly and extensively used measure of economic development is the concept of gross domestic product or national income. This concept in per capita terms is crudely used to reflect the standard of living. But the standard of living or quality of life is more related to per capita consumption rather than to per capita income or production. This per capita consumption, if extrapolated to the slum level, we can derive a systematic indexing technique which will help us to understand the development levels of urban slums. In this paper we attempt to develop a composite index of development of slums which will mitigate the tasks of government and other public bodies to understand their development and hence take the appropriate measures. |