- The committee was chaired by Prof. D. T. Lakdawala. - It suggested using state-specific poverty lines, derived from the national poverty line, instead of a uniform poverty line for all states. - It recommended using the Consumer Price Index for Industrial Workers (CPI-IW) and Consumer Price Index for Agricultural Labourers (CPI-AL) for updating poverty lines in urban and rural areas, respectively, discarding the use of the National Accounts Statistics (NAS) deflator. - It retained the calorie norm approach (2400 kcal for rural and 2100 kcal for urban) but refined the price indices used.