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Showing posts with the label Poverty in India

The Big Picture: Eradication of poverty:

In a recent speech, Prime Minister of India set a target to alleviate poverty from the nation in coming 5 years. India, even after seven decades of independence, and being one of the  major world economies , has about a  quarter of population  living under  poverty.  Every successive government, since 1947, has  tried to reduce poverty  by making  various policies . But, it is still far from satisfactory, for about half of the labor force working in  agricultural sector  and a majority of the population still living in  rural areas . Analysis : Poverty  is the  general scarcity  of a certain amount of material possessions or money (< $1.25/day) and includes social, economic, and political concepts.  Absolute poverty  (as defined by UN) is “a condition  characterized  by  severe deprivation of basic human needs , including food, safe drinking water, sanitation facilities, health, shelt...