SlideShare a Scribd company logo
Indian Economy
N.DHINAKARAN
ASSISTANT PROFESSOR OF ECONOMICS
VIVEKANANDA COLLEGE
TIRUVEDAKAM WEST
MADURAI DISTRICT - 625234 TAMILNADU
Meaning
1. Poverty is that situation in which an indvidiual fails
to earn income sufficient to buy him minimum needs of
subsistence.
2. Poverty means those who are not able to meet basic
needs like food, shelter and cloth is called as poverty.
Definition of Poverty
According to World Bank's poverty is "A person is
considered poor if his or her income level fall below
some minimum level necessary to meet basic needs.”
 Just under 385 million children live in extreme
poverty worldwide.
 About 15,000 children die each day before
celebrating their fifth birthday, mostly from
preventable causes.
 Each year, about 100 million are forced into poverty
as a result of health-related expenses.
 About 800 million people still live in extreme
poverty and suffer from hunger.
 At current trends, nine out of 10 of the world’s
children living in extreme poverty will live in sub-
Saharan Africa in 2030.
 Niti Aayog's SDG Index 2019, released on December
27, 2019, says that more Indians have fallen into poverty,
hunger and income inequality in the past two years.
 According to Global Multidimensional Poverty Index
(MPI) 2018 report of the UNDP poverty in India reduced
from 635 million poor person in 2005/6 to 364 million
poor person in 2015 / 16.
 Among other things, the report said India still had 364
million MPI poor of which 156 million (34.6%) are
children.
 The Niti Aayog data shows, 22 states and UTs taking a
hit in 2019 over its 2018 index - indicating that poverty
is going up - as presented in the graph below.
 The fall ranges from 1 to 18 points. Top big
states to fall are: Bihar and Odisha (minus 12
points), Jharkhand (minus 9), Uttar Pradesh and
Punjab (minus 8), Assam and West Bengal
(minus 5).
 Only two states - Andhra Pradesh (plus 2 points)
and Sikkim (plus 1 point) - saw improvement,
while four - Meghalaya, Himachal Pradesh,
Telangana and Maharashtra - saw no change.
 1. Absolute Poverty
Absolute poverty refers to the total number of people
living below poverty line.
2. Relative Poverty
Relative poverty refers to poverty of people in
relations to other people, regions or nations.
3.Poverty Line
In poverty line minimum level of consumption
standard is laid down. All those people who fails to
reach this minimum consumption level are poor. In
India Mixed Recall Period method (MRP) is the
prefered method for deciding the poverty line.
 Head Count Ratio measures number of poor as the
proportion of people living below the poverty line.
 The rural poor are mainly the land less agricultral
labourers, cultivators with small landholdings,
landowners with small landholdings, landowners
with small landholdings, landless labourers engaged
in non – agricultural jobs.
 The urban poor are mostly those who come from
rural areas in search of better employment
opportunities. They are the causal labouers ,
rickshaw pullers, vendors, etc.
 In India , NSSO complies data on poverty.
 Rapid population growth among the poor
 Unemployment and indebtedness
 Low rate of economic development
 Low education
 Inflationary pressures
 Social factors
 High level of migration from rural areas
 Failure to implement land reforms
 Capital deficiency
 Globalisation
 1. Effects of Health
 2. Effects on Society
 a. Violence
 b.Homelessness
 c. Stress
 d. Child Labour
 e.Terrorism
 3.Effects on Economy
 1. Jawahar Gram Samridhi Yojana (JGSY)
 2. Swarnjayanti Gram Swarozgar Yojana ( SGSY )
 3. Employment assurance Scheme (EAS )
 4. Sampoorna Grameen Rozgar Yojana (SGRY)
 5. National social assistance Programme ( NSAP )
 6. Pradhan Mantri Gramodaya Yojana ( PMGY)
 a) Pradhan Mantri Gram Sadak Yojana ( PMGSY)
 b) Pradhan Mantri Gramodaya Yojana ( Gramin
Awas)
 c) Pradhan Mantri Gramodaya Yojana - Rural
Drinking Water Projects
 7. Swarnajayanti Shahri Rozgar Yojana ( SJSRY)
 8. Indira Awas Yojana ( IAY)
 9. Samagra Awas Yojana
 10. Natural Food for Work Programme ( NFWP)
 11. Annapurna
 12. Krishi Shramik Samajik Suraksha Yojana
 13.Valmiki Abedkar Awaas Yojana ( VAMBAY)
 14. Jawaharlal Nehru National Urban Renewal Mission
( JNNURM)
 15. Shiksha Sahayog Yojana
 16. National Rural Employment Guarantee ( NREG)
 17. National Rural Livelihood Mission ( NRLM)
 18. National Urban Livelihood Mission ( NULM)
MEANING
When large number of persons of working age, willing to work and able to work
cannot find employment at the prevailing wage rate.
Definition
According to NSSO defines unemployment as a situation in which all those who
owing to lack of work are not working but either seek work through
employment exchanges, intermediaries, friends or relatives or by making
applications to prospective employers or express their willingness or availability
for work under prevailing condition of work and remunerations.
UNEMPLOYMENT RATE
Meaning
According to NSS defines unemployment rate as the number of persons
unemployed per 1000 persons in the labour force.
 There are two types of unemployment
prevailing in India:
 1. Rural unemployment
 2. Urban unemployment
 Rural Unemployment
 1. Open unemployment
 2.Seasonal unemployment
 3.Disguised unemployment
1. Industrial unemployment
2. Educated unemployment
3.Technological unemployment
4.Frictional unemployment
5.Casual unemployment
6.Structural unemployment
7.Cyclical unemployment
8. Chronic unemployment
1. Usual Principal Status (UPS)
2.Current Weekly Status (CWS)
3.Current Daily Status ( CDS)
 1. Faulty Employment Planning
 2. Emphasis on Capital Intensive Projects
 3.Excessive Use of Foreign Technology
 4. Lack of Financial Resources
 5. Slow Growth Process
 6. Increase in Labour Force
 1. Rise in Poverty
 2.Unemployment is Depressing
 3. Loss of Human Resource
 4. Social Unrest
 1. Population Control
 2. Reforms in Education Policy
 3.Diversification of Farm Activities
 4. Development of Villages and Small Industries
( VSI)
 5.Rapid Industrialization
 1. Jawahar Gram Samridhi Yojana (JGSY)
 2. Swarnjayanti Gram Swarozgar Yojana ( SGSY )
 3. Employment assurance Scheme (EAS )
 4. Sampoorna Grameen Rozgar Yojana (SGRY)
 5. National social assistance Programme ( NSAP )
 6. Pradhan Mantri Gramodaya Yojana ( PMGY)
 a) Pradhan Mantri Gram Sadak Yojana ( PMGSY)
 b) Pradhan Mantri Gramodaya Yojana ( Gramin
Awas)
 c) Pradhan Mantri Gramodaya Yojana - Rural
Drinking Water Projects
 7. Swarnajayanti Shahri Rozgar Yojana ( SJSRY)
 8. Indira Awas Yojana ( IAY)
 9. Samagra Awas Yojana
 10. Natural Food for Work Programme ( NFWP)
 11. Annapurna
 12. Krishi Shramik Samajik Suraksha Yojana
 13.Valmiki Abedkar Awaas Yojana ( VAMBAY)
 14. Jawaharlal Nehru National Urban Renewal
Mission ( JNNURM)
 15. Shiksha Sahayog Yojana
 16. National Rural Employment Guarantee ( NREG)
 17. National Rural Livelihood Mission ( NRLM)
 18. National Urban Livelihood Mission ( NULM)
THANK YOU

More Related Content

What's hot

Rural immersion dr.tk-ppt-2
Rural immersion   dr.tk-ppt-2Rural immersion   dr.tk-ppt-2
Jiveeka meterial(indian scheemes and functions for block project mamager)
Jiveeka meterial(indian scheemes and functions for block project mamager)Jiveeka meterial(indian scheemes and functions for block project mamager)
Jiveeka meterial(indian scheemes and functions for block project mamager)
Rockvishwajeet Bharti
 
Gujarat
GujaratGujarat
Gujarat
Rishi Gupta
 
“Employment Generation and Poverty Alleviation in Developing Countries” Chall...
“Employment Generation and Poverty Alleviation in Developing Countries” Chall...“Employment Generation and Poverty Alleviation in Developing Countries” Chall...
“Employment Generation and Poverty Alleviation in Developing Countries” Chall...
IOSR Journals
 
11.human development index (hdi) a case study of aasgaon village, dist sata...
11.human development index (hdi)  a case study of aasgaon village, dist  sata...11.human development index (hdi)  a case study of aasgaon village, dist  sata...
11.human development index (hdi) a case study of aasgaon village, dist sata...Alexander Decker
 
Poverty
PovertyPoverty
Poverty
madan kumar
 
Women labour participation of agricultural production in sindh pakistan
Women labour participation of agricultural production  in sindh pakistanWomen labour participation of agricultural production  in sindh pakistan
Women labour participation of agricultural production in sindh pakistan
sanaullah noonari
 
Poverty and Informal sectors
Poverty and Informal sectorsPoverty and Informal sectors
Poverty and Informal sectors
Simran Vats
 
Poverty
PovertyPoverty
Poverty
madan kumar
 
CBSE Class IX Social Studies ECONOMICS Poverty as a challenge
CBSE Class IX Social Studies ECONOMICS Poverty as a challengeCBSE Class IX Social Studies ECONOMICS Poverty as a challenge
CBSE Class IX Social Studies ECONOMICS Poverty as a challenge
Pranav Ghildiyal
 
Employment
EmploymentEmployment
Employment
madan kumar
 
Poverty in india
Poverty in indiaPoverty in india
Poverty in india
Shubham Jain
 
Socio - economic survey 2018 kotni village,raipur
Socio - economic survey 2018 kotni village,raipurSocio - economic survey 2018 kotni village,raipur
Socio - economic survey 2018 kotni village,raipur
pritikumari107
 
Unemployment in india
Unemployment in indiaUnemployment in india
Unemployment in india
Jyoti Rastogi
 
The Role of Community Economic Empowerment to Social Capital and the Implicat...
The Role of Community Economic Empowerment to Social Capital and the Implicat...The Role of Community Economic Empowerment to Social Capital and the Implicat...
The Role of Community Economic Empowerment to Social Capital and the Implicat...
Iwan Kurniawan Subagja
 
S. Chandrasekhar, Indira Gandhi Institute of Development Research "Agricultur...
S. Chandrasekhar, Indira Gandhi Institute of Development Research "Agricultur...S. Chandrasekhar, Indira Gandhi Institute of Development Research "Agricultur...
S. Chandrasekhar, Indira Gandhi Institute of Development Research "Agricultur...
Independent Science and Partnership Council of the CGIAR
 
Socio-Economic Status of a Rural Society
Socio-Economic Status of a Rural SocietySocio-Economic Status of a Rural Society
Socio-Economic Status of a Rural Society
Chandini S Amaan
 
Ppppppppppppppp
PppppppppppppppPpppppppppppppp
Pppppppppppppppchinmayi55
 

What's hot (20)

Rural immersion dr.tk-ppt-2
Rural immersion   dr.tk-ppt-2Rural immersion   dr.tk-ppt-2
Rural immersion dr.tk-ppt-2
 
Jiveeka meterial(indian scheemes and functions for block project mamager)
Jiveeka meterial(indian scheemes and functions for block project mamager)Jiveeka meterial(indian scheemes and functions for block project mamager)
Jiveeka meterial(indian scheemes and functions for block project mamager)
 
Gujarat
GujaratGujarat
Gujarat
 
Sst ppt
Sst pptSst ppt
Sst ppt
 
“Employment Generation and Poverty Alleviation in Developing Countries” Chall...
“Employment Generation and Poverty Alleviation in Developing Countries” Chall...“Employment Generation and Poverty Alleviation in Developing Countries” Chall...
“Employment Generation and Poverty Alleviation in Developing Countries” Chall...
 
11.human development index (hdi) a case study of aasgaon village, dist sata...
11.human development index (hdi)  a case study of aasgaon village, dist  sata...11.human development index (hdi)  a case study of aasgaon village, dist  sata...
11.human development index (hdi) a case study of aasgaon village, dist sata...
 
Poverty
PovertyPoverty
Poverty
 
Women labour participation of agricultural production in sindh pakistan
Women labour participation of agricultural production  in sindh pakistanWomen labour participation of agricultural production  in sindh pakistan
Women labour participation of agricultural production in sindh pakistan
 
Poverty and Informal sectors
Poverty and Informal sectorsPoverty and Informal sectors
Poverty and Informal sectors
 
Poverty
PovertyPoverty
Poverty
 
CBSE Class IX Social Studies ECONOMICS Poverty as a challenge
CBSE Class IX Social Studies ECONOMICS Poverty as a challengeCBSE Class IX Social Studies ECONOMICS Poverty as a challenge
CBSE Class IX Social Studies ECONOMICS Poverty as a challenge
 
Employment
EmploymentEmployment
Employment
 
Poverty in india
Poverty in indiaPoverty in india
Poverty in india
 
Socio - economic survey 2018 kotni village,raipur
Socio - economic survey 2018 kotni village,raipurSocio - economic survey 2018 kotni village,raipur
Socio - economic survey 2018 kotni village,raipur
 
Unemployment in india
Unemployment in indiaUnemployment in india
Unemployment in india
 
nasar2013
nasar2013nasar2013
nasar2013
 
The Role of Community Economic Empowerment to Social Capital and the Implicat...
The Role of Community Economic Empowerment to Social Capital and the Implicat...The Role of Community Economic Empowerment to Social Capital and the Implicat...
The Role of Community Economic Empowerment to Social Capital and the Implicat...
 
S. Chandrasekhar, Indira Gandhi Institute of Development Research "Agricultur...
S. Chandrasekhar, Indira Gandhi Institute of Development Research "Agricultur...S. Chandrasekhar, Indira Gandhi Institute of Development Research "Agricultur...
S. Chandrasekhar, Indira Gandhi Institute of Development Research "Agricultur...
 
Socio-Economic Status of a Rural Society
Socio-Economic Status of a Rural SocietySocio-Economic Status of a Rural Society
Socio-Economic Status of a Rural Society
 
Ppppppppppppppp
PppppppppppppppPpppppppppppppp
Ppppppppppppppp
 

Similar to Poverty & Unemplyment

Schemes for Poverty Alleviation.docx
Schemes for Poverty Alleviation.docxSchemes for Poverty Alleviation.docx
Schemes for Poverty Alleviation.docx
G.V.M.GIRLS COLLEGE SONEPAT
 
Poverty in India 2018
Poverty in India 2018Poverty in India 2018
Poverty in India 2018
VenusAggarwal2
 
Poverty as a challenge of class 9
Poverty as a challenge of class 9Poverty as a challenge of class 9
Poverty as a challenge of class 9
kendriya vidyalaya
 
Your (urban) or not (rural) but our poverty in india
Your (urban) or not (rural) but our poverty in indiaYour (urban) or not (rural) but our poverty in india
Your (urban) or not (rural) but our poverty in indiaSureshramanan01
 
Poverty as a challenge class 9
Poverty as a challenge class 9 Poverty as a challenge class 9
Poverty as a challenge class 9 Naren Krishna
 
Determinants of rural poverty
Determinants of rural povertyDeterminants of rural poverty
Determinants of rural poverty
Alexander Decker
 
poverty
povertypoverty
poverty
TanishDhawan1
 
Poverty.pptx
Poverty.pptxPoverty.pptx
Poverty.pptx
ssuserad0e73
 
Relationship between Health and Poverty
Relationship between Health and PovertyRelationship between Health and Poverty
Relationship between Health and Poverty
Divya Nepal
 
4.revisedcl 4-5 self employment in india
4.revisedcl 4-5 self employment in india4.revisedcl 4-5 self employment in india
4.revisedcl 4-5 self employment in india
Dr Rajeev Kumar
 
Poverty and hunger
Poverty and hungerPoverty and hunger
Poverty and hunger
ManiChandanKonatham
 
Povertyasachallenge 130822001911-phpapp01
Povertyasachallenge 130822001911-phpapp01Povertyasachallenge 130822001911-phpapp01
Povertyasachallenge 130822001911-phpapp01Ishmeet Kour
 
Sustainable livelihood security and extension implications in India
Sustainable livelihood security and extension implications in India Sustainable livelihood security and extension implications in India
Sustainable livelihood security and extension implications in India
Devegowda S R
 
poverty line estimation - concepts and issues
poverty line estimation - concepts and issuespoverty line estimation - concepts and issues
poverty line estimation - concepts and issues
Indu Swami
 
Credit seminar indu
Credit seminar induCredit seminar indu
Credit seminar indu
Indu Swami
 
Poverty as a challenge
Poverty as a challengePoverty as a challenge
Poverty as a challenge
Mahendra SST
 
Poverty in india
Poverty in indiaPoverty in india
Poverty in india
Nisarg Patel
 
Problems of poverty01
Problems of poverty01Problems of poverty01
Problems of poverty01
Anjana P.V.Nair
 
Poverty alleviation and employment generation programmes in india
Poverty alleviation and employment generation programmes in indiaPoverty alleviation and employment generation programmes in india
Poverty alleviation and employment generation programmes in india
chandan00781
 
Poverty
PovertyPoverty

Similar to Poverty & Unemplyment (20)

Schemes for Poverty Alleviation.docx
Schemes for Poverty Alleviation.docxSchemes for Poverty Alleviation.docx
Schemes for Poverty Alleviation.docx
 
Poverty in India 2018
Poverty in India 2018Poverty in India 2018
Poverty in India 2018
 
Poverty as a challenge of class 9
Poverty as a challenge of class 9Poverty as a challenge of class 9
Poverty as a challenge of class 9
 
Your (urban) or not (rural) but our poverty in india
Your (urban) or not (rural) but our poverty in indiaYour (urban) or not (rural) but our poverty in india
Your (urban) or not (rural) but our poverty in india
 
Poverty as a challenge class 9
Poverty as a challenge class 9 Poverty as a challenge class 9
Poverty as a challenge class 9
 
Determinants of rural poverty
Determinants of rural povertyDeterminants of rural poverty
Determinants of rural poverty
 
poverty
povertypoverty
poverty
 
Poverty.pptx
Poverty.pptxPoverty.pptx
Poverty.pptx
 
Relationship between Health and Poverty
Relationship between Health and PovertyRelationship between Health and Poverty
Relationship between Health and Poverty
 
4.revisedcl 4-5 self employment in india
4.revisedcl 4-5 self employment in india4.revisedcl 4-5 self employment in india
4.revisedcl 4-5 self employment in india
 
Poverty and hunger
Poverty and hungerPoverty and hunger
Poverty and hunger
 
Povertyasachallenge 130822001911-phpapp01
Povertyasachallenge 130822001911-phpapp01Povertyasachallenge 130822001911-phpapp01
Povertyasachallenge 130822001911-phpapp01
 
Sustainable livelihood security and extension implications in India
Sustainable livelihood security and extension implications in India Sustainable livelihood security and extension implications in India
Sustainable livelihood security and extension implications in India
 
poverty line estimation - concepts and issues
poverty line estimation - concepts and issuespoverty line estimation - concepts and issues
poverty line estimation - concepts and issues
 
Credit seminar indu
Credit seminar induCredit seminar indu
Credit seminar indu
 
Poverty as a challenge
Poverty as a challengePoverty as a challenge
Poverty as a challenge
 
Poverty in india
Poverty in indiaPoverty in india
Poverty in india
 
Problems of poverty01
Problems of poverty01Problems of poverty01
Problems of poverty01
 
Poverty alleviation and employment generation programmes in india
Poverty alleviation and employment generation programmes in indiaPoverty alleviation and employment generation programmes in india
Poverty alleviation and employment generation programmes in india
 
Poverty
PovertyPoverty
Poverty
 

More from Dhina Karan

Internatioal institutions
Internatioal institutionsInternatioal institutions
Internatioal institutions
Dhina Karan
 
Exim policy
Exim   policyExim   policy
Exim policy
Dhina Karan
 
Internal financial institution
Internal financial institutionInternal financial institution
Internal financial institution
Dhina Karan
 
International Business
International BusinessInternational Business
International Business
Dhina Karan
 
Basic concepts in internatioal business
Basic concepts in internatioal businessBasic concepts in internatioal business
Basic concepts in internatioal business
Dhina Karan
 
Internatioal business
Internatioal businessInternatioal business
Internatioal business
Dhina Karan
 
Exchange Control & Exchange Rate
Exchange Control & Exchange RateExchange Control & Exchange Rate
Exchange Control & Exchange Rate
Dhina Karan
 
FREE TRADE AND PROTECTION
FREE TRADE AND PROTECTIONFREE TRADE AND PROTECTION
FREE TRADE AND PROTECTION
Dhina Karan
 
Balance of Payments
Balance of PaymentsBalance of Payments
Balance of Payments
Dhina Karan
 
Terms of trade
Terms of tradeTerms of trade
Terms of trade
Dhina Karan
 
Terms of trade
Terms of tradeTerms of trade
Terms of trade
Dhina Karan
 
INTERNATIONAL ECONOMICS
INTERNATIONAL ECONOMICSINTERNATIONAL ECONOMICS
INTERNATIONAL ECONOMICS
Dhina Karan
 
General economics
General economicsGeneral economics
General economics
Dhina Karan
 
General Economics
General EconomicsGeneral Economics
General Economics
Dhina Karan
 
General Economics
General EconomicsGeneral Economics
General Economics
Dhina Karan
 
General Economics
General EconomicsGeneral Economics
General Economics
Dhina Karan
 
General Economics
General EconomicsGeneral Economics
General Economics
Dhina Karan
 
General Economics
General EconomicsGeneral Economics
General Economics
Dhina Karan
 
General Economics
General EconomicsGeneral Economics
General Economics
Dhina Karan
 
General Economics
General EconomicsGeneral Economics
General Economics
Dhina Karan
 

More from Dhina Karan (20)

Internatioal institutions
Internatioal institutionsInternatioal institutions
Internatioal institutions
 
Exim policy
Exim   policyExim   policy
Exim policy
 
Internal financial institution
Internal financial institutionInternal financial institution
Internal financial institution
 
International Business
International BusinessInternational Business
International Business
 
Basic concepts in internatioal business
Basic concepts in internatioal businessBasic concepts in internatioal business
Basic concepts in internatioal business
 
Internatioal business
Internatioal businessInternatioal business
Internatioal business
 
Exchange Control & Exchange Rate
Exchange Control & Exchange RateExchange Control & Exchange Rate
Exchange Control & Exchange Rate
 
FREE TRADE AND PROTECTION
FREE TRADE AND PROTECTIONFREE TRADE AND PROTECTION
FREE TRADE AND PROTECTION
 
Balance of Payments
Balance of PaymentsBalance of Payments
Balance of Payments
 
Terms of trade
Terms of tradeTerms of trade
Terms of trade
 
Terms of trade
Terms of tradeTerms of trade
Terms of trade
 
INTERNATIONAL ECONOMICS
INTERNATIONAL ECONOMICSINTERNATIONAL ECONOMICS
INTERNATIONAL ECONOMICS
 
General economics
General economicsGeneral economics
General economics
 
General Economics
General EconomicsGeneral Economics
General Economics
 
General Economics
General EconomicsGeneral Economics
General Economics
 
General Economics
General EconomicsGeneral Economics
General Economics
 
General Economics
General EconomicsGeneral Economics
General Economics
 
General Economics
General EconomicsGeneral Economics
General Economics
 
General Economics
General EconomicsGeneral Economics
General Economics
 
General Economics
General EconomicsGeneral Economics
General Economics
 

Recently uploaded

how can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYChow can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYC
DOT TECH
 
Intro_Economics_ GPresentation Week 4.pptx
Intro_Economics_ GPresentation Week 4.pptxIntro_Economics_ GPresentation Week 4.pptx
Intro_Economics_ GPresentation Week 4.pptx
shetivia
 
Which Crypto to Buy Today for Short-Term in May-June 2024.pdf
Which Crypto to Buy Today for Short-Term in May-June 2024.pdfWhich Crypto to Buy Today for Short-Term in May-June 2024.pdf
Which Crypto to Buy Today for Short-Term in May-June 2024.pdf
Kezex (KZX)
 
how can I sell/buy bulk pi coins securely
how can I sell/buy bulk pi coins securelyhow can I sell/buy bulk pi coins securely
how can I sell/buy bulk pi coins securely
DOT TECH
 
how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.
DOT TECH
 
what is a pi whale and how to access one.
what is a pi whale and how to access one.what is a pi whale and how to access one.
what is a pi whale and how to access one.
DOT TECH
 
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit CardPoonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
nickysharmasucks
 
Monthly Economic Monitoring of Ukraine No. 232, May 2024
Monthly Economic Monitoring of Ukraine No. 232, May 2024Monthly Economic Monitoring of Ukraine No. 232, May 2024
Introduction to Indian Financial System ()
Introduction to Indian Financial System ()Introduction to Indian Financial System ()
Introduction to Indian Financial System ()
Avanish Goel
 
Webinar Exploring DORA for Fintechs - Simont Braun
Webinar Exploring DORA for Fintechs - Simont BraunWebinar Exploring DORA for Fintechs - Simont Braun
Webinar Exploring DORA for Fintechs - Simont Braun
FinTech Belgium
 
how to sell pi coins effectively (from 50 - 100k pi)
how to sell pi coins effectively (from 50 - 100k  pi)how to sell pi coins effectively (from 50 - 100k  pi)
how to sell pi coins effectively (from 50 - 100k pi)
DOT TECH
 
USDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptxUSDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptx
marketing367770
 
Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024
Commercial Bank of Ceylon PLC
 
how can i use my minded pi coins I need some funds.
how can i use my minded pi coins I need some funds.how can i use my minded pi coins I need some funds.
how can i use my minded pi coins I need some funds.
DOT TECH
 
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad,  Mandi Bah...NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad,  Mandi Bah...
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...
Amil Baba Dawood bangali
 
what is the future of Pi Network currency.
what is the future of Pi Network currency.what is the future of Pi Network currency.
what is the future of Pi Network currency.
DOT TECH
 
The European Unemployment Puzzle: implications from population aging
The European Unemployment Puzzle: implications from population agingThe European Unemployment Puzzle: implications from population aging
The European Unemployment Puzzle: implications from population aging
GRAPE
 
how can I sell my pi coins for cash in a pi APP
how can I sell my pi coins for cash in a pi APPhow can I sell my pi coins for cash in a pi APP
how can I sell my pi coins for cash in a pi APP
DOT TECH
 
Greek trade a pillar of dynamic economic growth - European Business Review
Greek trade a pillar of dynamic economic growth - European Business ReviewGreek trade a pillar of dynamic economic growth - European Business Review
Greek trade a pillar of dynamic economic growth - European Business Review
Antonis Zairis
 
Chương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdfChương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdf
va2132004
 

Recently uploaded (20)

how can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYChow can I sell pi coins after successfully completing KYC
how can I sell pi coins after successfully completing KYC
 
Intro_Economics_ GPresentation Week 4.pptx
Intro_Economics_ GPresentation Week 4.pptxIntro_Economics_ GPresentation Week 4.pptx
Intro_Economics_ GPresentation Week 4.pptx
 
Which Crypto to Buy Today for Short-Term in May-June 2024.pdf
Which Crypto to Buy Today for Short-Term in May-June 2024.pdfWhich Crypto to Buy Today for Short-Term in May-June 2024.pdf
Which Crypto to Buy Today for Short-Term in May-June 2024.pdf
 
how can I sell/buy bulk pi coins securely
how can I sell/buy bulk pi coins securelyhow can I sell/buy bulk pi coins securely
how can I sell/buy bulk pi coins securely
 
how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.how to sell pi coins at high rate quickly.
how to sell pi coins at high rate quickly.
 
what is a pi whale and how to access one.
what is a pi whale and how to access one.what is a pi whale and how to access one.
what is a pi whale and how to access one.
 
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit CardPoonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Card
 
Monthly Economic Monitoring of Ukraine No. 232, May 2024
Monthly Economic Monitoring of Ukraine No. 232, May 2024Monthly Economic Monitoring of Ukraine No. 232, May 2024
Monthly Economic Monitoring of Ukraine No. 232, May 2024
 
Introduction to Indian Financial System ()
Introduction to Indian Financial System ()Introduction to Indian Financial System ()
Introduction to Indian Financial System ()
 
Webinar Exploring DORA for Fintechs - Simont Braun
Webinar Exploring DORA for Fintechs - Simont BraunWebinar Exploring DORA for Fintechs - Simont Braun
Webinar Exploring DORA for Fintechs - Simont Braun
 
how to sell pi coins effectively (from 50 - 100k pi)
how to sell pi coins effectively (from 50 - 100k  pi)how to sell pi coins effectively (from 50 - 100k  pi)
how to sell pi coins effectively (from 50 - 100k pi)
 
USDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptxUSDA Loans in California: A Comprehensive Overview.pptx
USDA Loans in California: A Comprehensive Overview.pptx
 
Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024Commercial Bank Economic Capsule - May 2024
Commercial Bank Economic Capsule - May 2024
 
how can i use my minded pi coins I need some funds.
how can i use my minded pi coins I need some funds.how can i use my minded pi coins I need some funds.
how can i use my minded pi coins I need some funds.
 
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad,  Mandi Bah...NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad,  Mandi Bah...
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...
 
what is the future of Pi Network currency.
what is the future of Pi Network currency.what is the future of Pi Network currency.
what is the future of Pi Network currency.
 
The European Unemployment Puzzle: implications from population aging
The European Unemployment Puzzle: implications from population agingThe European Unemployment Puzzle: implications from population aging
The European Unemployment Puzzle: implications from population aging
 
how can I sell my pi coins for cash in a pi APP
how can I sell my pi coins for cash in a pi APPhow can I sell my pi coins for cash in a pi APP
how can I sell my pi coins for cash in a pi APP
 
Greek trade a pillar of dynamic economic growth - European Business Review
Greek trade a pillar of dynamic economic growth - European Business ReviewGreek trade a pillar of dynamic economic growth - European Business Review
Greek trade a pillar of dynamic economic growth - European Business Review
 
Chương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdfChương 6. Ancol - phenol - ether (1).pdf
Chương 6. Ancol - phenol - ether (1).pdf
 

Poverty & Unemplyment

  • 2. N.DHINAKARAN ASSISTANT PROFESSOR OF ECONOMICS VIVEKANANDA COLLEGE TIRUVEDAKAM WEST MADURAI DISTRICT - 625234 TAMILNADU
  • 3. Meaning 1. Poverty is that situation in which an indvidiual fails to earn income sufficient to buy him minimum needs of subsistence. 2. Poverty means those who are not able to meet basic needs like food, shelter and cloth is called as poverty. Definition of Poverty According to World Bank's poverty is "A person is considered poor if his or her income level fall below some minimum level necessary to meet basic needs.”
  • 4.  Just under 385 million children live in extreme poverty worldwide.  About 15,000 children die each day before celebrating their fifth birthday, mostly from preventable causes.  Each year, about 100 million are forced into poverty as a result of health-related expenses.  About 800 million people still live in extreme poverty and suffer from hunger.  At current trends, nine out of 10 of the world’s children living in extreme poverty will live in sub- Saharan Africa in 2030.
  • 5.  Niti Aayog's SDG Index 2019, released on December 27, 2019, says that more Indians have fallen into poverty, hunger and income inequality in the past two years.  According to Global Multidimensional Poverty Index (MPI) 2018 report of the UNDP poverty in India reduced from 635 million poor person in 2005/6 to 364 million poor person in 2015 / 16.  Among other things, the report said India still had 364 million MPI poor of which 156 million (34.6%) are children.  The Niti Aayog data shows, 22 states and UTs taking a hit in 2019 over its 2018 index - indicating that poverty is going up - as presented in the graph below.
  • 6.  The fall ranges from 1 to 18 points. Top big states to fall are: Bihar and Odisha (minus 12 points), Jharkhand (minus 9), Uttar Pradesh and Punjab (minus 8), Assam and West Bengal (minus 5).  Only two states - Andhra Pradesh (plus 2 points) and Sikkim (plus 1 point) - saw improvement, while four - Meghalaya, Himachal Pradesh, Telangana and Maharashtra - saw no change.
  • 7.
  • 8.  1. Absolute Poverty Absolute poverty refers to the total number of people living below poverty line. 2. Relative Poverty Relative poverty refers to poverty of people in relations to other people, regions or nations. 3.Poverty Line In poverty line minimum level of consumption standard is laid down. All those people who fails to reach this minimum consumption level are poor. In India Mixed Recall Period method (MRP) is the prefered method for deciding the poverty line.
  • 9.  Head Count Ratio measures number of poor as the proportion of people living below the poverty line.  The rural poor are mainly the land less agricultral labourers, cultivators with small landholdings, landowners with small landholdings, landowners with small landholdings, landless labourers engaged in non – agricultural jobs.  The urban poor are mostly those who come from rural areas in search of better employment opportunities. They are the causal labouers , rickshaw pullers, vendors, etc.  In India , NSSO complies data on poverty.
  • 10.  Rapid population growth among the poor  Unemployment and indebtedness  Low rate of economic development  Low education  Inflationary pressures  Social factors  High level of migration from rural areas  Failure to implement land reforms  Capital deficiency  Globalisation
  • 11.  1. Effects of Health  2. Effects on Society  a. Violence  b.Homelessness  c. Stress  d. Child Labour  e.Terrorism  3.Effects on Economy
  • 12.  1. Jawahar Gram Samridhi Yojana (JGSY)  2. Swarnjayanti Gram Swarozgar Yojana ( SGSY )  3. Employment assurance Scheme (EAS )  4. Sampoorna Grameen Rozgar Yojana (SGRY)  5. National social assistance Programme ( NSAP )  6. Pradhan Mantri Gramodaya Yojana ( PMGY)  a) Pradhan Mantri Gram Sadak Yojana ( PMGSY)  b) Pradhan Mantri Gramodaya Yojana ( Gramin Awas)  c) Pradhan Mantri Gramodaya Yojana - Rural Drinking Water Projects
  • 13.  7. Swarnajayanti Shahri Rozgar Yojana ( SJSRY)  8. Indira Awas Yojana ( IAY)  9. Samagra Awas Yojana  10. Natural Food for Work Programme ( NFWP)  11. Annapurna  12. Krishi Shramik Samajik Suraksha Yojana  13.Valmiki Abedkar Awaas Yojana ( VAMBAY)  14. Jawaharlal Nehru National Urban Renewal Mission ( JNNURM)  15. Shiksha Sahayog Yojana  16. National Rural Employment Guarantee ( NREG)  17. National Rural Livelihood Mission ( NRLM)  18. National Urban Livelihood Mission ( NULM)
  • 14. MEANING When large number of persons of working age, willing to work and able to work cannot find employment at the prevailing wage rate. Definition According to NSSO defines unemployment as a situation in which all those who owing to lack of work are not working but either seek work through employment exchanges, intermediaries, friends or relatives or by making applications to prospective employers or express their willingness or availability for work under prevailing condition of work and remunerations. UNEMPLOYMENT RATE Meaning According to NSS defines unemployment rate as the number of persons unemployed per 1000 persons in the labour force.
  • 15.  There are two types of unemployment prevailing in India:  1. Rural unemployment  2. Urban unemployment  Rural Unemployment  1. Open unemployment  2.Seasonal unemployment  3.Disguised unemployment
  • 16. 1. Industrial unemployment 2. Educated unemployment 3.Technological unemployment 4.Frictional unemployment 5.Casual unemployment 6.Structural unemployment 7.Cyclical unemployment 8. Chronic unemployment
  • 17. 1. Usual Principal Status (UPS) 2.Current Weekly Status (CWS) 3.Current Daily Status ( CDS)
  • 18.  1. Faulty Employment Planning  2. Emphasis on Capital Intensive Projects  3.Excessive Use of Foreign Technology  4. Lack of Financial Resources  5. Slow Growth Process  6. Increase in Labour Force
  • 19.  1. Rise in Poverty  2.Unemployment is Depressing  3. Loss of Human Resource  4. Social Unrest
  • 20.  1. Population Control  2. Reforms in Education Policy  3.Diversification of Farm Activities  4. Development of Villages and Small Industries ( VSI)  5.Rapid Industrialization
  • 21.  1. Jawahar Gram Samridhi Yojana (JGSY)  2. Swarnjayanti Gram Swarozgar Yojana ( SGSY )  3. Employment assurance Scheme (EAS )  4. Sampoorna Grameen Rozgar Yojana (SGRY)  5. National social assistance Programme ( NSAP )  6. Pradhan Mantri Gramodaya Yojana ( PMGY)  a) Pradhan Mantri Gram Sadak Yojana ( PMGSY)  b) Pradhan Mantri Gramodaya Yojana ( Gramin Awas)  c) Pradhan Mantri Gramodaya Yojana - Rural Drinking Water Projects
  • 22.  7. Swarnajayanti Shahri Rozgar Yojana ( SJSRY)  8. Indira Awas Yojana ( IAY)  9. Samagra Awas Yojana  10. Natural Food for Work Programme ( NFWP)  11. Annapurna  12. Krishi Shramik Samajik Suraksha Yojana  13.Valmiki Abedkar Awaas Yojana ( VAMBAY)  14. Jawaharlal Nehru National Urban Renewal Mission ( JNNURM)  15. Shiksha Sahayog Yojana  16. National Rural Employment Guarantee ( NREG)  17. National Rural Livelihood Mission ( NRLM)  18. National Urban Livelihood Mission ( NULM)