Question

What are the two planks on which the anti poverty strategy of the Government is based?

Answer 1

The two planks on which the anti-poverty strategy of the government is based:

i) Promotion of economic growth. The higher growth rates have helped significantly in the reduction of poverty. In the eighties, India's economic growth was one of the fastest in the world. The growth rate rose from the average of about 3.5 percent year in the 1970s to 6 percent during the 1980s and 1990s. Therefore, it is becoming clear that there is a strong link between economic growth and poverty reduction.

(ii) Targeted anti-poverty programs. The government formulated several anti-poverty schemes to eradicate poverty such as National Rural Employment Guarantee Act (NREGA) 2005, Prime Minister Rozgar Yojana (PMRY), Rural Employment Generation Programme, Swarnajayanti Gram Swarozgar Yojana (SGSY), Pradhan Mantri Gramodaya Yojana (PMGY), Antyodaya Anna Yojana (AAY), National Food for Work Programme.