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Sunday, October 19, 2014

Work sincerely to eliminate poverty

Recent report says world's one third of extreme poor are in India. This is those who are under 1.25 $ per day. And if one adds those who are under 2$ then that covers about 68% of population of India.

This is shameful and big concern.

Unfortunate and sad that this has been made such a huge task. Why it is so difficult to uplift India out of poverty.

What is nation doing about this? What is lacking? Will  Skill or Intention. May be all three. Otherwise why after decades people continue to remain poor and suffer.

Can we eliminate poverty?

Yes if we plan well, make sound policies and implement them effectively then we can eliminate poverty in five years. How?

1. Education - Poverty can not be eliminated as long as illiteracy plagues nation. There must be immediate nationwide literacy program to make nation 100% literate.

2. Health - How can nation eliminate poverty if its people are malnourished and in poor health. To work hard it is crucial to have reasonable level of physical and mental strength. 

3. Skill training - Vocational training and special skills keeping in mind practical utility and developing world.

4. Jobs - Service industry must be expanded and must range from locality based to wider utility.

5. Production - Local industry, cottage industry and small scale industry must be promoted to help people become self reliant. Big industries are necessary but not for every product.

6. Tax reforms - These must support such small scale service and production based work.

7. Insurance - Easy and cheap insurance to protect people from sudden heavy expenses like from accidents, sickness, natural calamity etc.

8. Saving and Expenditure - Individual, family and community based saving and expenditure must be promoted for effective money management.

9. Investment - People can make small investments of not only money but also of time, knowledge, labor or other resources.

10. Reduce Reuse Recycle - This environment principle can be well utilized in promoting effective money management.