POVERTYBhanu MadaanTECH53749
Introduction
Complex societal issue
Characterised by: Hunger Lack of shelter Lack of clothing
Two types: Absolute – Pertains to physical health Relative – Pertains to living standards
Criteria
Value of goods needed to sustain one adult
International poverty line - US$ 1.25 per day (PPP)
Indian yardstick: Urban: Rs 30 a day Rural : Rs 27 a day
Causes Illiteracy
Inefficacious management of resources: Grains rotting in open Obnoxious subsidies
Pervasive corruption Loopholes in govt. funded schemes
(PDS, TRYSEM etc.) Policy paralysis
Profundity in India
Home to third of the world's poor (according to UN)
32.7% fall below the international poverty line
68.7% live on less than US$ 2 per dayRural : 216.5 million poorUrban : 52.8 million poor
16% of urban households without a toilet; 46% without a flush system
Major contributors
Chhattisgarh - the poorest40 per cent below the poverty
line
Seven states – Chhattisgarh, Bihar, Jharkhand, Madhya Pradesh, Odisha, Rajasthan and Uttar Pradesh – account for 61 per cent of India's total poor
Comparison
Projections30 years to remove
unemployment (at10 million jobs per year)
Poverty to fall to 22% by 2015 (UN report)
Urbanization to grow at 4% per year
Slum population to grow at 5% per year
Twelve million more urban slums by 2017
Possible solutions
Focus on EDUCATION :Promotes entrepreneurshipElicits innovationConstitutes jobsInduces versatilityCreates awarenessBuilds confidence
Primary healthcare
Network of government sponsored doctors
Awareness campaigns through visual media
Equal access for everyone (Polio eradication – an example)Promotion of generic drugs
Welcome FDI
Propels competition among Indian brands
Up gradation of technical expertise
Mitigation of government influence
Diversification of jobsReduction in risks through joint
venturesGreater resistance to global
changes
Second wave of reforms
Delegation of power to statesStringent checks on money
launderingTransparency in RTIAbandonment of politically
appeasing schemesPrivatization of required sectors
such as power
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