Page |1• Definition of Poverty:Poverty is about not having enough money to meet basic needsincluding food, clothing and shelter. It is the state of one who lacks acertain amount of material possessions or money. Absolutepoverty or destitution refers to the deprivation of basic human needs,which commonly includes food, water, sanitation, clothing, shelter,health care and education. Approximately, 1.7 million people are livingin absolute poverty in the present world. Relative poverty is definedcontextually as economic inequality in the location or society in whichpeople live.However, poverty is more, much more than just not having enoughmoney.The World Bank Organization describes poverty in this way: “Poverty is hunger. Poverty is lack of shelter. Poverty is being sick and not being able to see a doctor. Poverty is not having access to school and not knowing how to read. Poverty is not having a job, is fear for the future, living one day at a time.”According to Oxford Dictionary: 1. The state of being extremely poor: thousands of families are living in abject poverty 2. The renunciation of the right to individual ownership of property as part of a religious vow. 3. The state of being inferior in quality or insufficient in amount: the poverty of her imaginationDespite the many definitions, one thing is certain; poverty is a complexsocietal issue. No matter how poverty is defined, it can be agreed thatit is an issue that requires everyone’s attention. It is important that allmembers of our society work together to provide the opportunities for
Page |2all our members to reach their full potential. It helps all of us to helpone another .• Classification of Poverty:Different people think about poverty in different ways. Some peoplethink that poverty is about being able to buy and sell but other peoplethink about getting a fair share of education and health care or aboutbeing given respect, and having some influence over what happens intheir life. Because of these differences it is useful to think about twomain types of poverty - income poverty and non-income povertyIncome Poverty: Income poverty happens when a household takes inless than one US dollar per day. This means that people will not haveenough food or medicine and they will have poor clothes and houses.Income poverty is due to people not having access to money or otherassets. If people do not have any other assets like land to grow theirown food, then income poverty can result in stunted growth and earlydeath.Non-income Poverty: Non income poverty happens when people mayhave a little bit of money but otherwise the quality of their life is not
Page |3good. They do not have access to affordable social and physical services(schooling, health care, medicines, safe water, good sanitation, goodtransport) and they may not feel safe in their homes either becausethey cannot trust the authorities or because they belong to someparticularly vulnerable group.• Poverty in Bangladesh:Condition of poverty in Bangladesh is not so good. Now, We would liketo delineate the present situation of poverty in Bangladesh. Around31% of the rural population presently suffers the indignity of chronicpoverty low consumption, hunger and under-nutrition, lack of access tobasic health services, illiteracy and other deprivations for more than adecade. About 24% of the total population currently lives in extremeincome-poverty. About 19% of rural households cannot have full threemeals a day; about 10% subsist on two meals or less for a number ofmonths every year. While Bangladesh has come out of the "shadow offamine", the problem of starvation still persists. However, 47% peopleare staying below poverty line and 28% of our population lives underthe extreme poverty line. About 40 million people go to bed withoutmeal every night. This observation shows that Bangladesh is a country
Page |4of poor. Although, several international organizations like IMF, WorldBank; Government and Non Governmental organizations have beenworking for the alleviation of poverty but the success in the field is verynegligible i.e. 1% or 1.8% at best each year. Statistics show reduction ofpoverty in the years (1995---2007) from 51.00% to 38.66%. Butaccording to the principles of Millennium Development Goals (MDG),we have to reduce poverty by 1.15% every year.Figure: Poverty rate in various district of Bangladesh.• Reasons of Poverty:There are many reasons of poverty in Bangladesh. Now, the reasonsthat are working effectively behind the poverty of Bangladesh arestated below:1. Rapid growth of population.2. Corruption of top level personnel of the society.