ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A term used by the International Labour Organization (ILO) and other United Nations agencies for the basic goods and services (food, shelter, clothing, sanitation, education, etc.) necessary for a minimum standard of living.

Detailed explanation-2: -Many modern lists emphasize the minimum level of consumption of “basic needs” of not just food, water, clothing and shelter, but also transportation (as proposed in the Third talk of Livelihood section of Three Principles of the People) sanitation, education, and healthcare.

Detailed explanation-3: -Definition. Basic needs (BN) are generally defined in terms of a minimal list of elements that human beings necessitate, in order to fulfill basic requirements and achieve a decent life.

Detailed explanation-4: -Human beings have certain basic needs. We must have food, water, air, and shelter to survive. If any one of these basic needs is not met, then humans cannot survive.

Detailed explanation-5: -The Minimum Needs Programme (MNP) was introduced in the first year of the Fifth Five Year Plan(1974–78), to provide certain basic minimum needs and improve the living standards of people. It aims at “social and economic development of the community, particularly the underprivileged and underserved population".