What is Poverty Alleviation?
Historical Background
Key Points
9 points- 1.
Employment Generation: Schemes like MGNREGA to provide wage employment and PM SVANidhi for urban street vendors.
- 2.
Livelihood Promotion: National Rural Livelihoods Mission (NRLM), National Urban Livelihoods Mission (NULM), and various skill development programs.
- 3.
Food Security: National Food Security Act (NFSA) 2013 and the Public Distribution System (PDS).
- 4.
Basic Services: Ensuring access to housing (PMAY), sanitation (Swachh Bharat Mission), healthcare (Ayushman Bharat), and education (Sarva Shiksha Abhiyan).
- 5.
Financial Inclusion: Initiatives like Pradhan Mantri Jan Dhan Yojana (PMJDY) and microfinance programs.
- 6.
Asset Creation: Programs that enable the poor to acquire productive assets for self-sufficiency.
- 7.
Social Security: Providing pensions for the elderly, widows, and disabled.
- 8.
Targeted Interventions: Identifying and supporting the most vulnerable groups through specific schemes.
- 9.
Inclusive Growth: Policies aimed at ensuring economic benefits reach all sections of society, especially the marginalized.
Recent Developments
5 developmentsMultidimensional Poverty Index (MPI) gaining prominence for measuring poverty beyond income, reflecting a holistic approach.
Increased focus on convergence of schemes for greater impact and efficiency.
Leveraging technology for direct benefit transfers (DBT) and efficient service delivery.
Emphasis on women's empowerment through Self-Help Groups (SHGs) as a key strategy for poverty reduction.
Government's vision of 'Viksit Bharat' aims for a poverty-free and prosperous India by 2047.
