Poverty is one of India’s biggest problems.
As India is one of the fastest-growing economies in the world, poverty is on the decline, with nearly 44 Indians fleeing extreme poverty every minute, as per the World Poverty Clock. India has raised a large percentage of its population out of poverty, but many still live in it. India had 73 million people living in extreme poverty, which made up 5.5% of its total population, according to the Brookings survey. In May 2012, the World Bank reviewed and suggested changes to its methods for measuring poverty and purchasing power parity basis to calculate poverty worldwide. It was minimal 3.6 percent.
High population growth rates are one of India’s main reasons for poverty. This further results in high illiteracy, poor healthcare facilities and lack of access to financial resources. High population growth also affects per capita income and lowers per capita income. Population in India is projected to cross 1.5 billion by 2026, and then India will become the largest country in the world. But India’s economy is not growing at the same rate. This means a shortage of work. Nearly 20 million new jobs would be needed for this large population. If such a large number of jobs are not created, the number of poor people will continue to grow.
Another reason for poverty is the ever-increasing prices of even basic commodities. A person below the poverty line finds it hard to survive. The caste system and unequal distribution of income and resources is another reason for poverty in India.
Apart from all these, unskilled workers are paid very low, despite the hard work they do daily. The problem lies with the unorganized sector, as owners do not interfere with the way their workers live and the amount they earn. Their area of concern is cost-cutting and more profit. Because the number of workers looking for a job is higher than the number of jobs available, unskilled workers have no alternative but to work for less money. The government should really find a way to impose minimum wage standards on these workers. At the same time, the government should ensure that this is well implemented.
Poverty must be eradicated from India because every person has the right to live a healthy life.
Poverty has been a serious and important problem in India, going through independence for decades to come. The role of NGOs, especially in countries like India, is very important. In fact, according to current statistics, a large proportion of the Indian population is still below the poverty level. Various government subsidies and poverty alleviation mechanisms have been incorporated in the country. However, most of them have failed to deliver a commendable result.
NGO’s are extremely significant in the poverty alleviation mechanism. We have provided some of the employment opportunities, livelihood programs, self-help groups and empowerment programmes. Many families in both rural and urban areas have enjoyed some of the most viable and consistent benefits:
- We offer relief and other basic amenities to individuals suffering from extreme poverty.
- We have initiated several empowerment programs. These programs empower both men and women, offering some commendable lifestyle benefits.
- We have put in place some viable and effective, skill-based livelihood programs.
- We provide a variety of public services at both the Macro and Micro levels.
- Implemented some viable development programs that are extremely useful for people in poverty.
In addition, we have many other strategies to reduce poverty. Among these, social development is one such program which has played a vital role in alleviating poverty. However, development programs can only be pursued at the macro level. At the micro-level, these organizations have promoted the growth of self-help groups, small-scale industries and several microfinance units that provide various employment opportunities for the poor.
Providing resources to the underprivileged
In India, even though the poor want to move ahead of their poverty, they cannot do so because of a lack of resources. We’ve realized the root of the problem, and so we’re providing ample resources to those in need. These resources provide appropriate assistance in the fight against poverty. We also help these individuals to ensure the proper use of these resources.
Helping to achieve the developmental goals
Over the last few years, we have played a vital role in helping the poor reach their various development goals. They have also implemented some popular development programs that have ultimately improved the standard of living of the poor. Employment and empowerment programs have helped many individuals to secure jobs based on their skills and expertise.