Tuesday 23 January 2018
India has been showing a steep and a stable GDP growth rate, which has impressed investors around the world. However, due to the country’s inability to bridge the gap between the rich and the poor, the people living in rural areas are still suffering from poverty. Undoubtedly, this is a huge economic crisis that must be addressed immediately.
There are a lot of diverse perspectives on the issue. Nobel Prize winner and reputed economist Amartya Sen has suggested that the government should invest in poverty aid programs. Many economists also say that the government should work towards income generation by increasing employment opportunities. Apart from that, people living in small villages and rural areas should be counselled and encouraged to save and invest their money properly.
Illiteracy is the biggest reason behind poverty in India. Illiterate people living in rural areas, villages and small towns are the most vulnerable to unemployment. More than 51% of the rural population earns from casual labour. A huge chunk of population works on farms and makes a living. Education is necessary to enhance their farm productivity and overall income. Educated people can also find new jobs, which can help them overcome poverty. Girl child education is also important for the society. Educated girls can grow into skilled workers and get well-paying jobs. Working women can earn and support families, thus giving their kids a better standard of living.
Investment on infrastructure
India's poverty crisis also arises from the dearth of basic infrastructure like schools, hospitals, toilets, electricity and non-polluting heating options. The government must look to invest in the infrastructure of the country, which can go a long way and help build an environment suitable for enterprise development and income generation.
Today most of the industries seek skilled labourers and workers. The government must introduce new programs for people to learn basic skills that can help them find jobs. Development of vocational and technical skills is also very important to eradicate poverty from the country.
These socio-economic steps must be taken to improve the financial status of millions of households across the country. India's children suffer the most due to the poverty crisis that continues to affect thousands of small towns and villages. Their future is often compromised due to the lack of basic facilities and infrastructure for education and development. Reputed NGO Save the Children has been working very hard to provide education to the underprivileged children of the country. The NGO has been implementing long-term programs for thousands of Indian children, to help them have a better future. Make a donation today and do your bit for the society. This will not only help the country as a whole, but will also give you a lot of happiness and satisfaction.