What is the Current Government Strategy for Poverty Alleviation?

By Shivank Goel|Updated : September 5th, 2022

The current government strategy for poverty alleviation is based on two main areas or principles, that is, encouraging economic growth and introducing anti-poverty programs, which will act as the targetted sources of action. The government has also initiated various projects in the same direction with the aim of eliminating poverty in the country. Some of these projects are Mahatma Gandhi National Rural Employment Guarantee Act, 2005, Swarnajayanti Gram Swarozgar Yojana (SGSY), Pradhan Mantri Gramodaya Yojana (PMGY), and Prime Minister Rozgar Yojana (PMRY).

Poverty in India

Poverty in India is a burning issue for years now, and therefore several programs and initiatives have been taken up in the direction of poverty alleviation. Poverty alleviation is the term given to the activities undertaken by following a few steps from an economical and humane perspective to remove poverty from the country.

The eradication of poverty has been one of the most important agendas of the Indian government for many years now. There are various factors that play a major role in causing poverty in the country, such as unemployment, lack of education and awareness, large population, and lack of economic empowerment.

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FAQs

  • The two main areas of action on which the current strategy of poverty reduction is based are the promotion of economic growth & targeted anti-poverty programs.

  • The main causes of poverty are unemployment, lack of education, and awareness, large population & lack of economic empowerment.

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