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Poverty: Everything You Should Know about Poverty.

Posted by Peddapuram Priya
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You might have heard in the news that poverty is growing at a fast rate. and many people are in it. you also might wonder what actually is poverty. In many articles, radios, news we came across this type of words like This.So In this blog, we shall discuss types, factors, reasons, and so on. Let’s get started!

Actual meaning:

If a person or group of people is suffering from financial needs. and doesn’t have enough amount that is required for the cost of living. So poverty arises when a person is earning a very low amount. and unable to meet both ends because of low income. people who are facing it will not have housing, food, wealth, water, and medical needs.

The word derived from the French word “poverté” which means poor.

Types :

According to social, economical and political aspects Poverty is broadly divided into

1. Absolute poverty (or) extreme (or) abject

This type of poverty includes the scarcity of basic food, clean water, health, shelter, and education. absolute poverty tends to struggle to live by people. and have to experience a lot of child deaths from diseases. like malaria, cholera, and water-contamination related diseases. Absolute Poverty is usually not found in developed countries.

2. Relative poverty

This type of Relative poverty includes a Comparision of social life with the neighborhood population. it is a factor of income inequality. For example, a family can be considered poor, if it cannot afford a dress, or cannot send children for distant education. Generally measured as a population percentage with income less than the median income.

3. Primary Poverty:

This type of primary poverty includes in which a family earns very less. Earning is less and insufficient for needs. even if they spend money wisely. if they earn 10k per month. but expenditures meet around 30k. for their food, health, medical assistance, and so on.

4. Secondary Poverty:

This type of secondary poverty includes in which a family earns a little. money is spent on unimportant materials. like alcohol, drugs, and so on money is not spend wisely on things.

The World Bank Organization describes poverty in this way:

Poverty has many faces, changing from place to place and across time, and has been described in many ways. So poverty is a call to action — for the poor and the wealthy alike — a call to change the world so that many more may have enough to eat, adequate shelter, access to education and health, protection from violence, and a voice in what happens in
their communities.”

World Bank Organisation

There is an international standard. based on an equivalent of $1.90 per day broadly speaking, but subject to qualifiers that are a much longer answer. Hence earning less than $1.90 per day on a purchasing power parity basis in India is considered poor.

Below Poverty Line:

Below the poverty line is used by the government to identify the households and individuals who need government assistance. Internationally, an income of less than ₹150 per day per head of purchasing power parity(PPP) is defined as extreme. 12.4% of Indians are extremely poor. 

The line is not certain and periodic for all the countries. this varies from country to country based on income levels cost of items and etc

Poverty Threshold

Also called as the poverty line, poverty limit, or breadline. it is the minimum level of income present on average all over the country. This is calculated by referring to the total cost of the essential requirements of individuals. this costs very much for house rent. so real estate marketing is a strong effect.

In October 2015, the World Bank updated the international poverty line, a global absolute minimum, to $1.90 per day.

The line is calculated to meet both ends. It is defined as the money value of the goods and services needed to provide basic welfare to an individual.

poverty

Poverty In India

India is having a well-designed measurement. The Planning Commission was the agency for estimating poverty. For setting the line the Planning Commission appointed Groups. from time to time. The Rangarajan Committee is the latest among those Expert groups. the planning commission estimates the number of people, below the line in states. as well as in the rural and urban areas based upon the estimation methodology submitted by the expert groups.

According to the United Nations Development Program Administrator Achim Steiner, India lifted 271 million people out of poverty in 10 years from 2005-06 to 2015-16.

The Suresh Tendulkar Committee is set up to look into the people living. under the line in India. It provided a new method of calculating the poverty line. based on per capita consumption expenditure per month or day. For rural areas, it was Rs 816 per month or Rs 27 per day. For urban areas, it was Rs 1000 per month or Rs 33 per day. Using this methodology, the population below the line in 2009-2010 was 354 million (29.6% of the population) and that in 2011-2012 was 269 million (21.9% of the population)

poverty

Basic Needs

Basic needs are the absolute minimum resources required for a individual annually.

  • Food: Body mass index (BMI) must be above 16.
  • Safe drinking water: Water must not come from rivers and ponds, and must be available nearby.
  • Sanitation facilities: Toilets or latrines must be available in or near the home.
  • Health: Treatment must be received for serious illnesses and pregnancy.
  • Shelter: Homes must have fewer than four people living in each room.
  • Education: Everyone must attend a school or otherwise learn to read.
poverty

Plans to Reduce

  1. Constructing wells which helps people for clean drinking water.
  2. Training farmers on how to cultivate more yield.
  3. Constructing shelter for the poor by the government.
  4. Building schools for children willing to learn.
  5. Providing good health care services. by building medical clinics and hospitals.

Poverty is difficult to break. and passed from one generation to the other generation. Consequences include alcohol and substance abuse; less access to education; poor housing and living conditions, and increased levels of disease. Governments and non-governmental organizations are trying to reduce. Providing basic needs to people who are unable to earn a sufficient income.

poverty

CONCLUSION:

I can conclude that poverty is a national issue. Increased poverty is likely to cause tensions in society, as inequality increases. These issues often
lead to rising crime rates in communities got affected.

The reasons are History, War and Political instability, National Debts, Discrimination, and social inequality, and vulnerability to natural disasters. It is a significant lack of money or poorness. Precise definitions of This are controversial; It is having so little money that one cannot pay for basic necessities, such as food and shelter.

Poverty has become a great issue in our world. The most common fact which we can realize when we consider on information about poverty is that poverty is mostly occurring in developing countries.

Also read: Planets, Time travel

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6 thoughts on “Poverty: Everything You Should Know about Poverty.

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