WHY POVERTY AS A CHALLENGE FOR INDIAN GOVERNMENT ?
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Since the dawn of human history, the problem of poverty has been an inherent and perpetual characteristic of any type of class or society based on private ownership of the means of production.
Poverty is the chief target of socialism. It can be defined as a social phenomenon in which a section of society is unable to get even its basic necessities of life. When a substantial segment of a society is deprived of the minimum level of living (to use the phrase of classical economists, “a bare subsistence level”) that society is said to be plagued by mass poverty.
Poverty is the chief target of socialism. It can be defined as a social phenomenon in which a section of society is unable to get even its basic necessities of life. When a substantial segment of a society is deprived of the minimum level of living (to use the phrase of classical economists, “a bare subsistence level”) that society is said to be plagued by mass poverty.
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