Does it matter how we assess living standards in slums?

According to the 2011 Census, 17.4% of all urban households in India reside in slums. Analysing data from a household survey of slums in Delhi, Kolkata, and Mumbai, this column assesses living standards of slum-dwellers in terms of monetary and non-monetary indicators. It argues that policy choice and design for improving living conditions in slums need to be adequately tempered according to the nature and veracity of deprivations.