9th class English The problem of poverty is considered as the biggest challenges to India . Write an article mentioning the causes and the ways and means to eradicate poverty from india
Answers
Answer:
Meaning of Poverty:
Poverty is often defined by economists and social workers with reference to certain basic amenities such as food, floor space per person, medical care, etc. When a family lacks these basic amenities, it is considered poor, regardless of its income.
An alternative approach is to define poverty “in terms of both minimum needs of food consumption”, or, more specifically, calorie or nutrition requirements to sustain life is determined first. This is then converted into an income level for a particular base year. Families with income less than the “critical level” are classified as poor regardless of size and actual living conditions as a result of past savings, accumulated wealth and private gifts.
A third approach is to define poverty in terms of relative income, irrespective of accumulated wealth. The lowest 5% or 10% of the population is defined as poor. This is known as income poverty.
Poverty Estimates in India:
Poverty is of two types absolute and relative. Absolute poverty is measured by the percentage of people living below the poverty line or by the head count ratio. Relative poverty refers to income inequality.
In measuring poverty the first step is to set a standard and then estimate the number of persons who satisfy the standard in different regions of the country and at different points of time. However, specification of that standard has to be arbitrary, reflecting a social value judgment.
The poverty line is updated by estimating what would it cost to obtain the base year consumption basket with prices prevailing in subsequent years. The process has one major drawback; it does not take into account the substitution that consumers may make when the relative prices of some items of consumption change or their tastes change.
Explanation:
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Explanation:
Poverty refers to a situation in which a person remain underprivileged from the basic necessities of life. In addition, the person does not have an inadequate supply of food, shelter, and clothes. In India, most of the people who are suffering from poverty cannot afford to pay for a single meal a day. Also, they sleep on the roadside; wear dirty old clothes. In addition, they do not get proper healthy and nutritious food, neither medicine nor any other necessary thing.