Rising poverty (GS-2 Social Justice)

22 Mar Rising poverty (GS-2 Social Justice)

• • Pew Research Center estimates that the COVID-19 pandemic 
    • has had a disproportionately impact on living standards in India and China

• What is Poverty?

• • • Lack of sustainable resources for the livelihood which manifest into hunger, illiteracy and many other social problems.
    • The Government of India has defined it according to a planning commission based on per capita expenditure.
    • In the past the government also made many committees.
      • Alagh committee
      • Planning commission
      • Tendulkar committee etc.

• Why poverty has increased now

• • • Job reduction because of economic contraction.
    • Decrease in demand there by decrease in production and further job losses.
    • Increase inequality.
    • Contraction of government’s wing in economy.

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