Showing posts with label 11:37 am. Show all posts
Showing posts with label 11:37 am. Show all posts

Friday, April 4, 2014

Blog 8, India needs multi-pronged approach to eradicate poverty: Report

Summary

This article talks about how a multi-pronged approach, with the focus on inclusive economic growth would help eradicate poverty, which is increasingly getting concentrated in a few geographical areas.  This article is based on observations of the India Public Policy Report, also known as the IPPR.  The report was just released this week and in the report it says, “Overcoming poverty requires a context specific multi-pronged strategy that includes: a basic needs approach, a human rights entitlement approach, a natural resource management approach and a focus on inclusive economic growth”.  The biggest problem in India, is that poverty is becoming increasingly concentrated in a few geographical areas.  This is a particular among specific groups, with poverty increasing in the urban areas as well.  The report’s Policy Effectiveness Index, is based on four factors - livelihood opportunity, social opportunity, rule of law and physical infrastructure development.


Analysis

This article was very short and to the point.  The main point of this article, was to touch on the most recent information regarding poverty in India.  This happened to be the India Pubic Policy Report.  Inclusive economic growth is defined as "a concept which advances equitable opportunities for economic participants, during the process of economic growth, with benefits incurred by every section of society.  So when referring this to India, this would mean that the goal is to make sure equality and equal opportunity is spreading throughout India, and not just in one area.  Currently, poverty is becoming increasingly concentrated in a few geographical areas.  This means that these particular areas are experiencing a high level of inequality, which is now increasing in the urban areas as well.  Livelihood opportunity, social opportunity, and the rule of law and physical infrastructure development, are the sole reasons as to why this is a problem in India.  The first step in working towards a solution, would be to focus on the infrastructure and the social opportunity of these more poverty prone areas.