On the basis of the quinquennial large sample surveys on household consumer expenditure conducted by the National Sample Survey Organisation NSSOincidence of poverty is estimated by the Planning Commission for the year The number of people living under the poverty threshold indicates whether the economy is powerful enough to generate adequate jobs and amenities for its people.
According to the latest estimates of the Planning Commission, while the percentage of rural BPL population has dropped to Large families fail to meet the monetary needs of the members and children as young as 5 years are made to start earning in order to contribute to the family income.
Schemes providing subsidies for the poor of the country again impose a drain on the economy. Poverty is the common outcome of variety of desperate economic circumstances and a policy to tackle poverty must, of necessity, go beyond the concept of poverty. These poverty alleviation goals were theoretical, with administrative powers resident in the British Empire.
Some people are of high income group and some are of low income group. Some sections of the society like the Dalits are not even included in the poverty list maintained by the concerned authorities assigned by the government.
The resulting rising landlessness and stagnant real wages intensified poverty. After a thorough examination, the study group set up by the Planning Commission in July recommended a standard of private consumption expenditure of Rs 20 at prices per capita per month as the bare minimum amount common to both rural and urban areas.
For example, the critics pointed out that average monthly per capita consumption of cereals declined from The report admits that poverty remained a persisting dilemma and belied the improvement in human conditions with global wealth, global connections and technological capabilities.
Certain castes are considered untouchables still and are not employed by upper caste, leaving very specific and low paying jobs that they can live off. Thus this problem of poverty has to be dealt in the framework of the strategy of development laying emphasis on those sectors whose growth makes a significant impact on the income level of the underemployed.
Moreover, the UNDP estimates of poverty also revealed that the percentage of population lying below the poverty line was 40 per cent in Impact of Poverty It needs to be taken into account that although the economy has shown some visible signs of progress in the last two decades, this progress been uneven across various sectors or areas.
Effect on Economy —poverty is a direct index indicating success of the economy of the country. However, in respect of both these two methodologies, the extent of poverty reduction is not much different.
Demographic — the main factor that contributes to poverty-ridden state of the country from a demographical point of view is the problem of over population. Thus, one should try to realise seriously that social development and economic growth are not necessarily the same and thus different approaches need to be adopted for such programmes.
The need of discrimination is essential. If we take only ten top business houses, their assets increased in ten years to by 5 to 7 times, except two concerns where increase was 22 to 29 times.
But, the grains provided by the PDS are not enough to satisfy the consumption needs of a family. Even in absolute terms, the number of poor people has fallen by This scheme provides maternity benefit of Rs for expectant mothers per pregnancy up to the first two live births.
Differences arise with the fixing of this minimum consumption standard. In this connection, Tendulkar and Jain argued that the new economic policy changes have not directly contributed any increase in rural poverty, though they have admitted that there has been fiscal compression induced squeeze in anti-poverty spending which was directly related to reforms.
In absolute sense, poverty relates to subsistence. In a backdrop of unemployment and marginalization, the poor resort to criminal activities to earn money. It needs to be brought to the forefront that whatever marginal drops that has been observed in the poverty ratios have taken place due to the government initiatives aimed at uplifting people from poverty.
However in absolute terms, Uttar Pradesh has the highest number of those living below the poverty line at It is also observed that poverty has declined on an average by 1,5 percentage points per year between to InIndia will be paying 25 per cent of its annual income as interest on loans.
Social — The various social issues plaguing the country that contributes towards poverty are: Government Schemes to Eradicate Poverty Government efforts to alleviate poverty in India cannot be overlooked while discussing poverty. Considering this situation, a plethora of poverty alleviation measures were gradually adopted by the beginning of s.
Poverty is a significant issue in India, despite being one of the fastest-growing economies in the world, clocked at a growth rate of % inand a sizable consumer elonghornsales.com World Bank reviewed and proposed revisions on May to its poverty calculation methodology and purchasing power parity basis for measuring poverty worldwide.
Table (e) shows alternative estimates of poverty in India made by different experts and important bodies and also the criteria for determining such poverty line in the country.
How Can Poverty And Inequality In India Economics Essay. Print Reference one day, it will be so improved that the economy level will rise far above the poverty line. Over the last decade, India has grown rapidly and the percentage of poor people has somewhat, decreased. If you are the original writer of this essay and no longer wish to.
The Government of India began using a modified version of this method of calculating the poverty line in India. There are wide variations in India's poverty estimates for s, in part from differences in the methodology and in the small sample surveys they poll for the underlying data.
Useful Essay on Poverty in India! The problem of poverty is considered as the biggest challenge to development planning in India. High poverty levels are synonymous with poor quality of life, deprivation, malnutrition, illiteracy and low human resource development.
Poverty can be defined as a social. Essay on Poverty in India: Causes, Effects and Solutions.
Category: Essays, Paragraphs and Articles On January 29, By Vikash Pathak. The income of more than 8 crore urban people is estimated to fall below poverty line (BPL). Complete Essay on Poverty in India ; Social Issues in India (causes.Essay on poverty line in india