Economy, asked by amiammu, 5 months ago

need and significance of poverty alleviation and employment generation programmes in india​

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Answered by aishwaryataware05
1

Answer:

Poverty alleviation refers to the set of measures and government interventions — both, economic & humanitarian — to lift people out of the vicious circle of poverty. It is the prerogative of the government of a country to ensure the well-being of its citizens by providing them opportunities to emerge out of poverty.

This can be done by fostering economic growth, which, in turn, will generate employment; thereby reducing poverty. Hence, a country needs to have a comprehensive poverty-reduction strategy. In India, governments since Independence, have been trying to implement schemes and strategies for employment generation and poverty reduction.

We will cover a few important ones in this article. But before that, let us first understand the concept of poverty.

Defining Poverty

Poverty is a condition wherein an individual lacks the financial resources & essential conditions for meeting the minimum standard of living. It refers to the condition wherein the economic condition of a person is so low that even the most basic needs are not met.

Different Types of Poverty

The two major types of poverty are Absolute Poverty and Relative Poverty. Let us discuss each of them briefly:

Absolute Poverty

Absolute poverty refers to the condition wherein an individual is bereft of even the basic necessities, including food, shelter, and clothing to meet the basic living standards. Introduced in 1990, it identified those living below “a dollar a day” as being in absolute poverty. In 2015, the World Bank reconsidered it and reset the poverty line to $1.90 a day.

Relative Poverty

Relative poverty is the condition in which people lack the minimum amount of income needed to maintain the average standard of living in their respective society. Hence, it is a measure of income inequality within a country.

Governmental Initiatives for Poverty Alleviation & Employment Generation in India

Considering the importance of poverty alleviation, to foster economic growth in a country, the government of India has, since independence, taken various measures in the form of initiatives and schemes to alleviate poverty and to generate employment. Some of these initiatives are given below.

Initiatives for Poverty Alleviation

Integrated Rural Development Programme (IRDP)

Jawahar Rozgar Yojana/Jawahar Gram Samridhi Yojana

Rural Housing – Indira Awaas Yojana

Food for Work Programme

National Old Age Pension Scheme (NOAPS)

Annapurna Scheme

Sampoorna Gramin Rozgar Yojana (SGRY)

Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) 2005

National Rural Livelihood Mission: Aajeevika (2011)

National Urban Livelihood Mission

Pradhan Mantri Kaushal Vikas Yojana

Pradhan Mantri Jan Dhan Yojana

Government Initiatives for Employment Generation in India

The initiatives undertaken by the government of India since independence for employment generation are:

Nehru Rozgar Yojana

National Food for Work Programme

Training of Rural Youth for Self-employment

National Rural Employment Programme

Rural Landless Employment Guarantee Programme

Jawahar Rozgar Yojana

Rural Employment Generation Programme

Prime Minister’s Rozgar Yojana For Educated Unemployed Youth

Swarna Jayanti Shahari Rozgar Yojana

Swarnjayanti Gram Swarozgar Yojana

Sampoorna Grameen Rozgar Yojana

National Rural Employment Guarantee Scheme

Employment Assurance Scheme

Deen Dayal Upadhyaya Grameen Kaushalya Yojana

Deendayal Antyodaya Yojana - National Urban Livelihoods Mission (DAY-NULM)

Pradhan Mantri Kaushal Vikas Yojana (PMKVY)

This was a brief overview of the topic, including a list of the government-run schemes to alleviate poverty and generation of employment. You need to prepare this in more detail for the RBI Grade-B Main Exam. Make sure you know a bit more about the schemes, such as the date/year on/in which they were launched, under which Ministry, and the primary objectives.

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