Poverty- A curse

1. Poverty- A CURSE
Name-Sayyam Kapoor
Uid-21BBA2393
Section-108
Group-B

2. What is Poverty?
 Poverty is the state in which a person is unable to meet basic
needs including food, clothing and shelter. It the state of being
extremely poor.
 In other words, it refers to:
1) Lack of food
2) Lack of shelter
3) Lack of education
4) Lack of good health

4. Types Of Poverty ?
Absolute Poverty- It is a state in which a person or family is highly
deprived of the basic needs making their livelihood difficult. It is
measured by poverty line. It is commonly found in developing
countries like India.
Relative Poverty-It is a condition when a person or family is unable to
reach the minimum average living standard, in the society. It is
measured by Lorenz Curve. It is commonly found in developed
countries like U.S.A.

5. Main Causes of Poverty?
 Heavy pressure of population: Population has been rising in India at a
rapid speed.
 Unemployment and under employment: Due to continuous rise in
population, there is chronic unemployment and under employment in
India There is educated unemployment and disguised unemployment.
Poverty is just the reflection of unemployment.
 Capital Deficiency: Shortage of capital creates hurdles in
development.

6. Main Causes of Poverty?
 Low rate of growth: So compared to the population, the per capita
growth rate of the economy has been very low. It is the main cause of
poverty.
 Lack of Infrastructure: The means of transport and communication
have not been properly developed. Road transport is inadequate and
the railway is quite less.
 Increase in Price:The steep rise in prices has affected the poor badly.
They have become more poor.

7. Ways to reduce poverty?
Increase employment
Invest in high quality childcare and early ed
Paid family and sick leave
End the poverty tax
Improve management of water and other natural resources.
Remove barriers between rich and poor

8. 3 Poverty Alleviation Schemes in India ?
National Rural Employment Guarantee Act 2005 (or, NREGA No 42,
later renamed as the "Mahatma Gandhi National Rural Employment
Guarantee Act" or MGNREGA), is an Indian labour law and social
security measure that aims to guarantee the 'right to work'. This act
was passed in 23 August 2005 under the UPA government of Prime
Minister Dr. Manmohan Singh with Dr. Raghuvansh Prasad Singh as
Minister, Rural development who presented the bill in the parliament.

9. Swaranjayanti Gram Swarozgar Yojana (SGSY) was launched in April
1999, aims at bringing the assisted poor families (Swarozgaris) above
the poverty line by organizing them into Self Help Groups (SHGs)
through a mix of Bank credit and Government subsidy.
Prime Minister’s Rozgar Yojana (PMRY) was started in 1993 with the
objective of making available self-employment opportunities to the
educated unemployed youth by assisting them in setting up any
economically viable activity. It s meant for educated unemployed
youth with family income of up to Rs.40, 000 per annum, in both
urban andrural areas, for engaging in any economically viable activity

10. Thank You