(i) over a period of thirty years lasting up to the early eighties, there was little per capita income growth and not much reduction in poverty. (ii) Since the eighties, India's economic growth has been one of the fastest in the world. (iii) The growth rate jumped from an average of about 3.5 per ceRead more
(i) over a period of thirty years lasting up to the early eighties, there was
little per capita income growth and not much reduction in poverty.
(ii) Since the eighties, India’s economic growth has been one of the fastest in the world.
(iii) The growth rate jumped from an average of about 3.5 per cent a year in the 1970s to about 6 per cent.
(iv) Higher growth rates have helped significantly in the reduction of poverty. So, there is a strong link between economic growth and poverty reduction.
However, the poor may not be able to take direct advantage from the opportunities created by economic growth.
The main causes of widespread poverty are: (i) The low level of economic development under the British colonial administration was one of the main causes of poverty. The policies of the colonial government ruined traditional handicrafts and discouraged the development of industries like textiles. (iRead more
The main causes of widespread poverty are:
(i) The low level of economic development under the British colonial administration was one of the main causes of poverty. The policies of the colonial government ruined traditional handicrafts and discouraged the development of industries like textiles.
(ii) High growth rate of population also contributed towards rise in poverty levels. It made the growth rate of per capita income very low.
(iii) With the growth in irrigation and the Green Revolution, many job opportunities were created in the agricultural sector. But the effects were limited to some parts of India.
(iv) Unable to find proper jobs in cities, many people started working as rickshaw pullers, vendors, construction workers, domestic servants, etc. with irregular and small income. These people lived in slums on the outskirts of the cities.
Although there has been a substantial reduction in global poverty, it is marked with great regional differences. (i) Poverty declined substantially in China and south-east Asian colonies as a result of rapid economic growth and massive investment in human resource development. (ii) In the south AsiaRead more
Although there has been a substantial reduction in global poverty, it is marked with great regional differences.
(i) Poverty declined substantially in China and south-east Asian colonies as a result of rapid economic growth and massive investment in human resource development.
(ii) In the south Asian countries, the decline has not been as rapid. Despite decline in the percentage of poor, the number of poor has declined from 475 million in 1981 to 428 million in 2001.
(iii) In Sub-Saharan Africa, poverty in fact rose from 41 per cent in 1981 to 46 per cent in 2001.
(iv) In Latin America, the ratio of poverty remained the same.
(v) Poverty has also resurfaced in some of the former socialist countries like Russia.
(i) The social groups which are most vulnerable to poverty are the those belonging to the Scheduled Castes and Scheduled Tribes. (ii) Among the economic groups, the most vulnerable groups are the rural agricultural labour households and the urban casual labourers. (iii) About 51 out of 100 people beRead more
(i) The social groups which are most vulnerable to poverty are the those belonging to the Scheduled Castes and Scheduled Tribes.
(ii) Among the economic groups, the most vulnerable groups are the rural agricultural labour households and the urban casual labourers.
(iii) About 51 out of 100 people belonging to the Scheduled Tribes are not able to meet their basic needs.
(iv) Similarly, 50 per cent of the casual workers in urban areas are below the poverty line.
(i) In India, a minimum level of food requirement, clothing, footwear, fuel and light, educational and medical requirement, etc., are determined for subsistence. (ii) These things are multiplied by their prices in rupees. (iii) The desired calorie requirements are seen depending on age, sex and theRead more
(i) In India, a minimum level of food requirement, clothing, footwear, fuel and light, educational and medical requirement, etc., are determined for subsistence.
(ii) These things are multiplied by their prices in rupees.
(iii) The desired calorie requirements are seen depending on age, sex and the type of work that a person does.
(iv) The accepted average calorie requirement in India is 2,400 calories per person per day in rural areas and 2,100 calories per person per day in urban areas.
(v) Since people living in rural areas are considered to be higher than urban areas.
(vi) The monetary expenditure per capita needed for buying these calorie requirements is revised time to time, keeping in mind the rise in prices.
(vii) On the basis of these calculations, for the year 2000, the poverty line for a person was fixed at ₹328 per month for the rural areas and ₹454 per month for the urban areas.
what is the current anti-poverty strategy of the government for the promotion of economic growth?
(i) over a period of thirty years lasting up to the early eighties, there was little per capita income growth and not much reduction in poverty. (ii) Since the eighties, India's economic growth has been one of the fastest in the world. (iii) The growth rate jumped from an average of about 3.5 per ceRead more
(i) over a period of thirty years lasting up to the early eighties, there was
See lesslittle per capita income growth and not much reduction in poverty.
(ii) Since the eighties, India’s economic growth has been one of the fastest in the world.
(iii) The growth rate jumped from an average of about 3.5 per cent a year in the 1970s to about 6 per cent.
(iv) Higher growth rates have helped significantly in the reduction of poverty. So, there is a strong link between economic growth and poverty reduction.
However, the poor may not be able to take direct advantage from the opportunities created by economic growth.
What are the main causes of poverty?
The main causes of widespread poverty are: (i) The low level of economic development under the British colonial administration was one of the main causes of poverty. The policies of the colonial government ruined traditional handicrafts and discouraged the development of industries like textiles. (iRead more
The main causes of widespread poverty are:
See less(i) The low level of economic development under the British colonial administration was one of the main causes of poverty. The policies of the colonial government ruined traditional handicrafts and discouraged the development of industries like textiles.
(ii) High growth rate of population also contributed towards rise in poverty levels. It made the growth rate of per capita income very low.
(iii) With the growth in irrigation and the Green Revolution, many job opportunities were created in the agricultural sector. But the effects were limited to some parts of India.
(iv) Unable to find proper jobs in cities, many people started working as rickshaw pullers, vendors, construction workers, domestic servants, etc. with irregular and small income. These people lived in slums on the outskirts of the cities.
What is the global poverty scenario?
Although there has been a substantial reduction in global poverty, it is marked with great regional differences. (i) Poverty declined substantially in China and south-east Asian colonies as a result of rapid economic growth and massive investment in human resource development. (ii) In the south AsiaRead more
Although there has been a substantial reduction in global poverty, it is marked with great regional differences.
See less(i) Poverty declined substantially in China and south-east Asian colonies as a result of rapid economic growth and massive investment in human resource development.
(ii) In the south Asian countries, the decline has not been as rapid. Despite decline in the percentage of poor, the number of poor has declined from 475 million in 1981 to 428 million in 2001.
(iii) In Sub-Saharan Africa, poverty in fact rose from 41 per cent in 1981 to 46 per cent in 2001.
(iv) In Latin America, the ratio of poverty remained the same.
(v) Poverty has also resurfaced in some of the former socialist countries like Russia.
Which groups are most vulnerable to poverty?
(i) The social groups which are most vulnerable to poverty are the those belonging to the Scheduled Castes and Scheduled Tribes. (ii) Among the economic groups, the most vulnerable groups are the rural agricultural labour households and the urban casual labourers. (iii) About 51 out of 100 people beRead more
(i) The social groups which are most vulnerable to poverty are the those belonging to the Scheduled Castes and Scheduled Tribes.
See less(ii) Among the economic groups, the most vulnerable groups are the rural agricultural labour households and the urban casual labourers.
(iii) About 51 out of 100 people belonging to the Scheduled Tribes are not able to meet their basic needs.
(iv) Similarly, 50 per cent of the casual workers in urban areas are below the poverty line.
How is the poverty line determined?
(i) In India, a minimum level of food requirement, clothing, footwear, fuel and light, educational and medical requirement, etc., are determined for subsistence. (ii) These things are multiplied by their prices in rupees. (iii) The desired calorie requirements are seen depending on age, sex and theRead more
(i) In India, a minimum level of food requirement, clothing, footwear, fuel and light, educational and medical requirement, etc., are determined for subsistence.
See less(ii) These things are multiplied by their prices in rupees.
(iii) The desired calorie requirements are seen depending on age, sex and the type of work that a person does.
(iv) The accepted average calorie requirement in India is 2,400 calories per person per day in rural areas and 2,100 calories per person per day in urban areas.
(v) Since people living in rural areas are considered to be higher than urban areas.
(vi) The monetary expenditure per capita needed for buying these calorie requirements is revised time to time, keeping in mind the rise in prices.
(vii) On the basis of these calculations, for the year 2000, the poverty line for a person was fixed at ₹328 per month for the rural areas and ₹454 per month for the urban areas.