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Question

Describe the current government strategy of poverty alleviation.

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Solution

The current government strategy of poverty alleviation is based on two main pillars:
  1. Promotion of economic growth
  2. Targetted anti-poverty programs

  1. Promotion of economic growth:
  • India's economic growth has gained momentum since 1980 and from then it becomes one of the fastest in the world.
  • The growth rate almost doubled from the year 1970 to 1980-1990.
  • The higher growth rate has significantly helped in the reduction of poverty.
  • Economic growth strengthens people to help them to get rid of poverty.

2. Targetted anti-poverty programs
  • National Rural Employment Guarantee Act 2005(NREGA).
  • National Food to Work Act 2004(NFWP).
  • Prime Minister Rojgar Yojana 1993.
  • Antyoday Anna Yojana.

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