According To World Bank, Poverty Is Pronounced Deprivation in

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Poverty 

is the complete lack of the means necessary to meet


basic personal needs, such as food, clothing, and shelter.
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.
It is the state of not having enough material possessions
or income for a person's basic needs . India is a developing
nation. Although its economy is growing, poverty is still a major
challenge. However, poverty is on the decline in India. It has
around 84 million people living in extreme poverty which makes
up ~6% of its total population as of May 2021.
Intregated rural development program was introduced in 1978-79
and universalized from 2nd October, 1980, aimed at providing
assistance to the rural poor in the form of subsidy and bank credit
for productive employment opportunities through successive plan
periods.
The Jawahar Rozgar Yojana was meant to generate meaningful
employment opportunities for the unemployed and
underemployed in rural areas through the creation of economic
infrastructure and community and social assets.
The Indira Awaas Yojana (LAY) programme aims at providing free
housing to Below Poverty Line (BPL) families in rural areas and
main targets would be the households of SC/STs.
It aims at enhancing food security through wage employment.
Food grains are supplied to states free of cost, however, the
supply of food grains from the Food Corporation of India (FCI)
godowns has been slow.
National Old Age Pension Scheme (NOAPS) pension is given
by the central government. The job of implementation of this
scheme in states and union territories is given to panchayats and
municipalities. The states contribution may vary depending on the
state. The amount of old age pension is ₹200 per month for
applicants aged 60–79. For applicants aged above 80 years, the
amount has been revised to ₹500 a month according to the
2011–2012 Budget. It is a successful venture.
Annnapurna scheme was started by the government in 1999–
2000 to provide food to senior citizens who cannot take care of
themselves and are not under the National Old Age Pension
Scheme (NOAPS), and who have no one to take care of them in
their village. This scheme would provide 10 kg of free food grains
a month for the eligible senior citizens. They mostly target groups
of ‘poorest of the poor’ and ‘indigent senior citizens’.
Sampoorna Gramin Rozgar Yojana (SGRY) The
main objective of the scheme
continues to be the generation of wage employment, creation of
durable economic infrastructure in rural areas and provision of
food and nutrition security for the poor.
National Rural Employment Guarantee Act,The Act provides 100
days assured employment every year to every rural household.
One-third of the proposed jobs would be reserved for women. The
central government will also establish National Employment
Guarantee Funds. Similarly, state governments will establish
State Employment Guarantee Funds for implementation of the
scheme. Under the programme, if an applicant is not provided
employment within 15 days s/he will be entitled to a daily
unemployment allowance.

India’s population has steadily increased through the years.


During the past 45 years, it has risen at a rate of 2.2% per year,
which means, on average, about 17 million people are added to
the country’s population each year. This also increases the
demand for consumption goods tremendously.unemployment
A major reason for poverty in the low productivity in the
agriculture sector. The reason for low productivity is manifold.
Chiefly, it is because of fragmented and subdivided land holdings,
lack of capital, illiteracy about new technologies in farming, the
use of traditional methods of cultivation, wastage during storage,
etc
There is underemployment and disguised unemployment in the
country, particularly in the farming sector. This has resulted in low
agricultural output and also led to a dip in the standard of living.
Economic development has been low in India especially in the
first 40 years of independence before the LPG major economic
reforms in 1991.
Price rise has been steady in the country and this has added to
the burden the poor to carry. Although a few people have
benefited from this, the lower income groups have suffered
because of it, and are not even able to satisfy their basic
minimum wants.
Unemployment is another factor causing poverty in India. The
ever-increasing population has led to a higher number of job-
seekers. However, there is not enough expansion in opportunities
to match this demand for jobs.
The shortage of capital and entrepreneurship results in low level
of investment and job creation in the economy.
Apart from economic factors, there are also social factors
hindering the eradication of poverty in India. Some of the
hindrances in this regard are the laws of inheritance, caste
system, certain traditions, etc.
The British colonization and rule over India for about two
centuries de-industrialized india by ruining its traditional
handicrafts and textile industries. Colonial Policies transformed
India to a mere raw-material producer for European industries.
Most of India’s poor belong to the states of Bihar, UP, MP,
Chhattisgarh, Odisha, Jharkhand, etc. Natural calamities such as
frequent floods, disasters, earthquake and cyclone cause heavy
damage to agriculture in these states.
For solving the problem of poverty it is necessary for us to act
quickly and correctly. Some of the ways of solving these problems
are to provide proper facilities to farmers. So, that they can make
agriculture profitable and do not migrate to cities in search of
employment.
Also, illiterate people should be given the required training so that
they can live a better life. To check the rising population, family
planning should be followed. Besides, measures should be taken
to end corruption, so that we can deal with the gap between rich
and poor.
In conclusion, poverty is not the problem of a person but of the
whole nation. Also, it should be deal with on an urgent basis by
the implementation of effective measures. In addition, eradication
of poverty has become necessary for the sustainable and
inclusive growth of people, society, country, and economy.

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