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Can we eradicate poverty?

Posted on October 21, 2022 by Author

Can we eradicate poverty?

Poverty cannot be eradicated without addressing the pervasive inequalities in incomes and economic opportunities between and within countries, between rural and urban areas, and between men and women.

How we can remove poverty?

Develop and implement rapid and sustained economic growth policies and programs, in areas such as health, education, nutrition and sanitation, allowing the poor to participate and contribute to the growth. Studies show that a 10 percent increase in a country’s average income reduces poverty by as much as 20-30 percent.

Can we remove poverty in India through economic development?

Mere increase in production and control on population growth will not remove poverty in India. It is necessary that inequality in the distribution of income should be reduced.

How has covid-19 impacted poverty in India?

While social protection programmes in India have helped reduce poverty significantly, they are not without their problems. COVID-19 reversed the gains and has plunged millions into further poverty, disrupting the informal economy, and hitting migrant labourers the hardest.

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What are the ways to remove poverty?

Stability in prices helps to remove poverty. If prices continue to rise, the poor will become more poor. So Govt. should do it best to keep the prices under control. The agriculture should be developed to remove poverty. Rapid rate of growth of agriculture production will help to remove urban as well as rural poverty.

How many people are living in poverty in India?

As per the UNDP Global Multidimensional Poverty Index 2020, in 2005-06, over 640 million people across India were in multidimensional poverty; with the successful implementation of social protection policies, 273 million people moved out of multidimensional poverty over a 10-year-period (Oxford Poverty and Human Development Initiative 2020 ).

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