In this essay we will examine in detail about Poverty as a challenge, its root causes and what can be done to eradicate it.
Poverty as a challenge class 9 notes
Poverty is defined as the inability of an individual or group to maintain the necessities of life, such as clothing, food, clean water, and a safe place to live. Most nations have a problem with poverty. Because they lack a source of income, people in poverty may be possess housing but not food. People who are homeless, physically disabled, or suffering from serious illnesses are among those who live in extreme poverty and do not have access to resources.
Discuss Major reasons for poverty in India
Absence of Accessible and reasonably priced healthcare: People’s conditions can worsen when they become ill and are unable to pay for medical care or prescription drugs. They may not be able to work and make money because of this illness.
Issues with fertilizer, agriculture methods, climate change, and other factors could result in lower productivity in areas where the majority of the population depends on agriculture for their livelihood. Poverty could result from this.
Increased population leads to Lack of resources.to reduction in economic growth and poverty
Increased gap between the wealthy and the poor:A small number of people can possess enormous wealth and influence, while the majority have very little. Poverty may result from unequal resource and wealth distribution among individuals.
Microfinance offers small loans to individuals and small business owners to help them better their financial circumstances and launch or grow their enterprises. Bangladesh Grameen Bank provided microfinance to assist the nation’s impoverished citizens. Absence of such facilities can cause poverty.
Some places offer more job opportunities and a better quality of life. Some areas are remote or deprived area.
When Government policies such as housing assistance, unemployment benefits, and food assistance programs to aid the underprivileged are not reaching to the beneficiaries, due to various reasons like corruption.
Lack of Employment and Prospects: Poverty can be decreased by promoting business growth and increasing employment, particularly in areas where people are having challenges.
Social structure also leads to poverty. Government is providing lot of facilities for the Adivasis and economically backward communities to come up in life.
Absence of Education and skill developments to all: A good strategy to end the cycle of poverty is to guarantee that everyone has the chance to educate themselves and gain new skills. More education leads to better employment prospects.
Addiction to drug and alcohol can make people to slip into homelessness and poverty
Describe Global Poverty Trends
Using the most recent survey data, the World Bank revises its estimates of poverty. The number of people living below the poverty line has changed over time; these changes are represented by global poverty trends.
The World Bank uses two factors to analyse poverty: the cost of necessities and people’s ability to earn and spend money. If a person cannot use their income to pay for goods and services, they are considered to be living in poverty. The COVID-19 pandemic, inflation, recession, conflict, and climate are the primary factors that have been linked to poverty in recent times. Poverty is a global problem that affects children. The definition of extreme poverty is having a daily income of less than $2.15 USD, which applies to about 350 million people. The World Bank’s assessment characterizes the $2.15 line as an extreme poverty line.
United Nations sustainable development program (SDP) address 5P Model.
People – Planet –Partnership – Peace – prosperity.
People: End poverty and hunger in all forms and ensure dignity and equality
Planet: Protect our planet’s natural resources and climate for future generations
Partnership: Implement the agenda through a solid global partnership
Peace: Foster peaceful, just, and inclusive societies
Prosperity: Ensure prosperous and fulfilling lives in harmony with nature
Describe How poverty line is estimated in India
Economic growth of the Nation reduces Poverty. Government of India have formulated number of schemes to completely eradicate extreme poverty by 2030, by accepting the guidelines of United Nations SDP goals.
Poverty is determined in India by considering indicators from the Human Development Index, such as income, health, and education. The poverty line is the bare minimum of income needed to meet basic needs.
If someone’s wealth, income, or consumption is substantially less than the national average or below the poverty line (BPL), they are considered to be living in poverty.
Conclusion
Poverty, a lack of basic necessities, affects most countries and is influenced by income, health, and education. Poverty increases stress, hopelessness among communities. Factors like bad governance and unexpected calamities also contribute to poverty. People in extreme poverty require government assistance through food, housing, and unemployment benefits. Economic growth of the nation reduces poverty