Asian Journal of Multidimensional Research (AJMR)
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AJMR
8. Targeted social assistance
9. Housing payments
10. Unemployment benefits
11. Pension benefits
12. Lump sum payment for burial.
The standard of living is the level of well-being of the population, the consumption of goods and
services, a set of conditions and indicators that characterize the measure of satisfaction of the
basic life needs of people.
To predict the standard of living of the population and its state regulation, indicators of social
guarantees of the population are used, such as:
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Subsistence minimum (minimum consumer budget);
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The value of the cost of living wage;
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The value of the "consumer basket" of food products;
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The limit of poverty;
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Minimum wage and minimum pension;
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Scholarship;
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Help and stuff.
The minimum consumer spending (MNR) in Uzbekistan, which will be used to determine the
poverty line, preliminary amounted to 440 thousand soums per person per month.
1
The calculation of this indicator was carried out based on the goals and objectives:
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On the introduction of an indicative indicator to determine the target (target) group of the
population in need of material and other social support from the state;
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Using minimum consumer spending to determine the poverty line and take into account the
real consumer properties and needs of the population in the target group;
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Improving the effectiveness and targeting of targets and measures identified in poverty
reduction strategies and programs, along with their ongoing monitoring;
Indexation of household income is a change in the real income of the population by increasing
cash income based on the official consumer price index for goods and services. In the
mechanism of indexing the income of the population, the following are distinguished: a) the
indexation threshold is the limit value of the price index for consumer goods, which necessitates
the indexation of the income of the population; b) the percentage of increase in income; c)
indexation period (time); d) indexation form - proportional, regressive.
Based on the foregoing, we can conclude that household finances are a solid foundation of the
country's financial system and proper regulation, together with effective stimulation from the
state and enterprise finances, will make it possible to use the economic potential of households in
the implementation of effective economic reforms in the country.
ISSN: 2278-4853 Vol 10, Issue 9, September, 2021 Impact Factor: SJIF 2021 = 7.699
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