Poverty in India _ A Big Social Problem (Presentation)

Poverty in India (Presentation)
Poverty in India: A Big Social Problem
Poverty in India (Presentation)

Hello folks!
As India is one of the fastest-growing economies in the world, poverty is on the decline in the country, with close to 44 Indians escaping extreme poverty every minute, as per the World Poverty Clock.

***Introduction***
•Poverty is a state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living. Poverty means that the income level from employment is so low that basic human needs can't be met.

•According to World Bank, Poverty is pronounced deprivation in well-being and comprises many dimensions. It includes low incomes and the inability to acquire the basic goods and services necessary for survival with dignity. Poverty also encompasses low levels of health and education, poor access to clean water and sanitation, inadequate physical security, lack of voice, and insufficient capacity and opportunity to better one's life.

•In India, 21.9% of the population lives below the national poverty line in 2011.

•In 2018, almost 8% of the world’s workers and their families lived on less than US$1.90 per person per day
(international poverty line).

***Types of Poverty***
••Absolute Poverty: A condition where household income is below a necessary level to maintain basic living standards (food, shelter, housing). This condition makes it possible to compare between different countries and also over time.
••Relative Poverty: It is defined from the social perspective that is living standard compared to the economic standards of the population living in surroundings. Hence it is a measure of income inequality.

•Some of the most important causes of poverty in India are as follows:
1. Lack of Inclusive Economic Growth
2. Sluggish Agricultural Performance and Poverty
3. Non-implementation of Land Reforms
4. Rapid Population Growth
5. Unemployment and Under-employment
6. Slow Growth of Employment Opportunities in the Organised Sector
7. Inflation and Food Prices and many more...

***Conclusion***
•The Global Multidimensional Poverty Index-2018 released by the UN noted that 271 million people moved out of poverty between 2005-06 and 2015-16 in India. •The poverty rate in the country has nearly halved, falling from 55% to 28% over the ten-year period. Still, a big part of the population in India is living Below the Poverty Line.
•Rapid economic growth and the use of technology for social sector programs have helped make a significant dent in extreme poverty in the country.
•Despite rapid growth and development, an unacceptably high proportion of our population continues to suffer from severe and multidimensional deprivation. Thus, a more comprehensive and inclusive approach is required to eradicate poverty in India.

Thank You !!!

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