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The colonial era, when India was governed by the British, is when the problems of poverty and a lack of employment possibilities in rural areas first surfaced. The lopsided economic development pattern was caused by the colonial government's emphasis on growing the urban economy at the expense of the rural economy, which remained even after ...
Poverty reduction, poverty relief, or poverty alleviation is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty. Measures, like those promoted by Henry George in his economics classic Progress and Poverty , are those that raise, or are intended to raise, ways of enabling the poor to ...
The government intends to reduce poverty by 10% during the 12th Five-Year Plan. Ahluwalia said, "We aim to reduce poverty estimates by 9% annually on a sustainable basis during the Plan period". Earlier, addressing a conference of State Planning Boards and Planning departments, he said the rate of decline in poverty doubled during the Eleventh ...
Various poverty lines and resulting percentage of BPL population Method Line Figure % of poor population Poor population World Bank (2021) poverty line 1.90 (PPP $ day) 6 84m [7] lower middle-income line 3.20 (PPP $ day) 26.2 365m [7] upper middle-income line 5.50 (PPP $ day) 60.1 838m [7] Asian Development Bank (2014) poverty line
The Foster–Greer–Thorbecke indices are a family of poverty metrics.The most commonly used index from the family, FGT 2, puts higher weight on the poverty of the poorest individuals, making it a combined measure of poverty and income inequality and a popular choice within development economics.
Moreover, social security initiatives aim to safeguard against social risks such as retirement, maternity, healthcare and unemployment while tax-funded social assistance aims to reduce inequalities and poverty. [1] The Directive Principles of State Policy, enshrined in Part IV of the Indian Constitution reflects that India is a welfare state.
The World Bank has been revising its definition and benchmarks to measure poverty since 1990–1991, with a $0.2 per day income on purchasing power parity basis as the definition in use from 2005 to 2013. [5] Some semi-economic and non-economic indices have also been proposed to measure poverty in India.
Under the scheme, 1 crore of the poorest among the poor (BPL, below poverty line) families covered under the targeted public distribution system are identified. Issue of ration cards following the recognition of Antyodaya families; unique quota cards to be recognised and "Antyodaya Ration Card" must be given to the Antyodaya families.