Anti-Poverty Measures
One of the main goals of India’s development plan has been to eliminate poverty. The government’s current anti-poverty plan is centered on the following two goals:
Economic Growth Promotion
Over the previous few years, the government has fostered economic growth. Economic development was sluggish until the 1980s, but it has subsequently accelerated, resulting in considerable poverty reduction. High economic development contributes to great poverty alleviation. Economic growth and poverty eradication are inextricably linked.
The economic expansion opens up new possibilities and offers the funds needed to invest in human development. People are encouraged to send their children to school (particularly the female kid) because they believe that investment in education will yield higher economic benefits. The impoverished, on the other hand, may not be able to directly benefit from economic expansion. A substantial number of individuals in rural regions remain impoverished due to a lack of expansion in the agricultural industry.
Focused Anti-Poverty Programs
Beginning in 1990, the government implemented targeted anti-poverty programs. Due to a lack of adequate implementation and targeting, the results of these programs have been uneven. In addition, some schemes overlap with others.
As a result, the benefits of these programs do not reach all of the deserving poor. Also, the government is now placing a greater focus on effective monitoring of all of these programs.
Global Poverty Scenario
Poverty is a state or condition in which an individual or community lacks the financial resources and necessities for a basic standard of living. Each country may have its own set of criteria for determining how many of its citizens are poor. When an individual or community lacks the financial resources and necessities for a basic standard of living
There are two main methods used to assess poverty in statistics and economics:
- Income is compared to the amount required to cover basic personal requirements such as food, clothes, and shelter under absolute poverty metrics.
- Relative poverty is defined as a person’s inability to meet a minimum standard of living in comparison to others at the same time and place.