Poverty Reduction And Rural Development Strategies In India

Can we end absolute poverty? Yes, we can! But how can we do it? That’s a big question with no specific answer. There is no straightforward way to achieve a goal that is not as small as it appears; however, it doesn’t mean it’s unachievable. Many countries take measures to promote rural economic development and reduce poverty.

Here we have mentioned some poverty reduction and rural development strategies in India that helps make a big difference.

Agricultural growth

Agriculture growth and poverty are inversely related. As agricultural productivity increases, poverty considerably declines. For this reason, it’s crucial for underdeveloped and developing countries to train their farmers and teach sustainable techniques to solve poverty. When farmers learn about methods to sustain agriculture, their quality of life also improves. Eventually, the country’s economy reaches its utmost potential when its natural resources are in high demand ataşehir escort worldwide.

Education

Education plays an essential factor in rural economic development. When citizens are unaware of basic skills, such as reading and writing, escaping poverty becomes challenging. Education is crucial because it develops essential skills and abilities, creates a balance, and decreases vulnerability and risks. Access to resources educates children and adults in low-income countries and enlightens them about the economy, poverty, gender equality, hygiene practices, and more. Besides creating access to schools in remote areas, providing support to educators and teachers to deliver quality education is also imperative.

Gender equality

Inequality is one of the reasons for poverty in underdeveloped countries. Lack of gender equality contributes to poverty since women make up half of any country’s population. The country thrives when women are allowed to be a part of economic development. Many countries are already adopting new laws, encouraging social acceptance, and spreading awareness to solve poverty and promote women’s empowerment.

Peace

By putting an end to wars, budgets allocated to bear the cost of conflicts can be used for public services. Creating strategies to establish peace also reduces risks and vulnerabilities faced by several communities. Taking the example of the poverty rate in Syria, which considerably increased to 83% in 2019 from 12% in 2007 after the start of the Syrian crisis, it can be said that wars and conflicts can lead to an increase in poverty in countries. Establishing a UN peacekeeping operation in Cambodia is another example of a drop in the poverty rate from 47% to 13.5% in seven years. It helped forge stability and maintain peace within the country.

Hunger elimination

A healthy amount of nutrients and calories three times a day can contribute to breaking the poverty cycle. When people have enough food to feed themselves, they do not lack the strength and energy to work or fight illnesses. Besides food resources, improving access to clean water is imperative, particularly in rural communities. In India, women and girls are forced to walk up to 12 miles daily to fetch clean water. While food and water are necessities, adequate sanitation and healthcare are crucial. More than half of the rural population has limited to no access to proper sanitation, medications, and treatments.

Credit

Credit availability on easy terms to the poor can provide productive resources, for instance, the construction of wells and tube wells for minor irrigation, to farmers with a low source of income. This way, they can adopt high-yielding technology for farming and improve their productivity. Availability of credit to others can help them with food processing, forestry, dairying, and marketing and gain employment. Financial institutions and banks must develop strategies to ensure adequate credit to artisans and low-income farmers at low-interest rates.

Eliminating extreme poverty by 2030 requires poverty reduction and rural development strategies in India or other underdeveloped and developing countries. Although solving poverty seems complex, solutions are available for problems to grow a country’s economy. Any development plan to eradicate poverty should focus on ensuring economic growth, reducing inequalities, and improving the quality of life for low-income people.