“End poverty in all its forms everywhere”, according to the United Nations.
The international poverty line is defined as living on $2.15 per day (updated from the previous poverty line of $1.90 in 2015).
Target: By 2030, “eradicate extreme poverty for all people, everywhere”. This is defined by the UN
There are several ways to reduce poverty. Here are some of the most effective strategies:
Promote education: Education is a powerful tool that can help people escape poverty. By providing access to education, we can help people develop the skills they need to secure better-paying jobs and improve their standard of living.
Create jobs: Creating more job opportunities is another effective way to reduce poverty. Governments can provide job training programs, while employers can offer skills-based training for employees.
Provide basic social services: Access to basic social services such as healthcare, clean water, and sanitation can help people stay healthy and productive. Governments can work to provide universal access to these services.
Empower women: Women are disproportionately affected by poverty. Empowering women through education and job training can help them secure better-paying jobs and improve their economic status.
Support environmental programs: Environmental programs can help reduce poverty by promoting sustainable development and creating new job opportunities.
Develop social protection systems: Social protection systems can help support those who cannot support themselves. Governments can work to develop these systems to help reduce poverty.
Provide vocational training: Vocational training can help people develop the skills they need to work in specific industries. This can increase their chances of finding a job and earning a higher income.
Support entrepreneurship: Entrepreneurship can help create new job opportunities and promote economic growth. Governments can provide funding and resources to support entrepreneurs. These are just a few of the many strategies that can be used to reduce poverty. By working together, we can help create a world where everyone has access to the resources they need to thrive.
Live Examples to Reduce Poverty:
Punjab and Haryana had high agricultural growth rates due to the effects of the Green Revolution. Kerala has developed its human resources by investing more in education. West Bengal has reduced poverty by implementing land reforms. Public distribution of food grains at subsidised prices in Andhra Pradesh and Tamil Nadu has helped in poverty reduction.
“Remember, no more effort is required to aim high in life, to demand abundance and prosperity, than is required to accept misery and poverty.” – Napoleon Hill
Y.S.P. Vishnu Sahasra Mantena
Vishnu School