Poverty Conceptualized by Kapil Chaudhury
I saw a child on my way to school. Encarta
Poverty, an   economic condition  in which people lack sufficient income to obtain certain minimal levels of health servic...
Classification of Poverty   <ul><li>Absolute: </li></ul><ul><li>Defined in terms of per capita consumption-expenditure </l...
low earning low education level low consumption low earning capability low skill formation VICIOUS CIRCLE OF POVERTY CAUSES
Anyone who is not gainfully employed in any productive activity is said to be unemployed. How is Poverty related to Unempl...
To understand  unemployment,  let us see the Demand & Supply side . CHRONIC EMPLOYMENT <ul><li>low saving potential </li><...
“ Broadly speaking, reforms would be most effective to the extent that they reduce the risk of macroeconomic instability, ...
It is instructive to see through the following table how POVERTY has declined since economic reforms began in 1990 Impact ...
a happy and prosperous nation we achieve A There is firm evidence that the war against poverty is being won.
ACKNOWLEDGEMENT <ul><li>Text Book </li></ul><ul><li>MS Encarta 2001 </li></ul><ul><li>Web Resources </li></ul><ul><li>www....
Upcoming SlideShare
Loading in …5
×

Poverty an insight

363 views

Published on

Poverty,an economic condition in which people lack sufficient income to obtain certain minimal levels of health services, food, housing, clothing and education generally recognized as necessary to ensure an adequate standard of living. What is considered adequate, however, depends on the average standard of living in a particular society

Published in: Education
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
363
On SlideShare
0
From Embeds
0
Number of Embeds
3
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Poverty an insight

  1. 1. Poverty Conceptualized by Kapil Chaudhury
  2. 2. I saw a child on my way to school. Encarta
  3. 3. Poverty, an economic condition in which people lack sufficient income to obtain certain minimal levels of health services, food, housing, clothing and education generally recognized as necessary to ensure an adequate standard of living. What is considered adequate, however, depends on the average standard of living in a particular society She presented a picture of http :// www.learning for all.org/images/kids3.gif   this holds for India also.
  4. 4. Classification of Poverty <ul><li>Absolute: </li></ul><ul><li>Defined in terms of per capita consumption-expenditure </li></ul><ul><li>Relative: </li></ul><ul><li>Defined on the basis of income distribution. </li></ul><ul><li>Poverty Line : </li></ul><ul><li>It represents a minimum standard of Consumption-Expenditure </li></ul><ul><li>It’s 2400 calories in rural areas. </li></ul><ul><li>It’s 2100 calories in urban areas. </li></ul>
  5. 5. low earning low education level low consumption low earning capability low skill formation VICIOUS CIRCLE OF POVERTY CAUSES
  6. 6. Anyone who is not gainfully employed in any productive activity is said to be unemployed. How is Poverty related to Unemployment?
  7. 7. To understand unemployment, let us see the Demand & Supply side . CHRONIC EMPLOYMENT <ul><li>low saving potential </li></ul><ul><li>low capital formation </li></ul><ul><li>low productivity </li></ul><ul><li>slow growth in production </li></ul><ul><li>slow growth in employment opportunity </li></ul><ul><li>low purchasing power </li></ul><ul><li>low effective demand </li></ul><ul><li>limited market </li></ul><ul><li>low rate of investment </li></ul><ul><li>slow growth in production </li></ul><ul><li>slow growth in employment opportunities </li></ul>SUPPLY SIDE DEMAND SIDE
  8. 8. “ Broadly speaking, reforms would be most effective to the extent that they reduce the risk of macroeconomic instability, increase the access of the poor to human development, improve governance and reduce distortions and improve the demand for labor.” By Sanjay How are reforms going to help? www.world bank.org/ sarindiacdr .
  9. 9. It is instructive to see through the following table how POVERTY has declined since economic reforms began in 1990 Impact of reforms Between All India % Rural % Urban % 1973 & 78 3.6  3.1 4.2 1978 & 83 6.8  7.4  4.4 1983 & 88 5.6 6.6 2.6 1988 & 93 2.9 1.8 5.8 1993 & 99 9.9 9.4 8.78
  10. 10. a happy and prosperous nation we achieve A There is firm evidence that the war against poverty is being won.
  11. 11. ACKNOWLEDGEMENT <ul><li>Text Book </li></ul><ul><li>MS Encarta 2001 </li></ul><ul><li>Web Resources </li></ul><ul><li>www.learning for all.org/images/kids3.gif </li></ul><ul><li>www.world bank.org/ sarindiacdr . </li></ul>

×