Business Standard

Tuesday, December 24, 2024 | 09:31 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Inclusiveness key to ending poverty

It's time to rewrite the rules of good governance, markets and systems to better serve the poor and ensure that they are able to escape poverty permanently

poverty, poor, children, food
Premium

Photo: Shutterstock

Rodger Voorhies
In May 2018, India lost its unfortunate title of being the nation with the largest number of poor people. In fact, India currently boasts one of the fastest rates of poverty reduction in the world, with 44 Indians rising out of poverty every minute. According to a June 2018 Brookings Institute study, less than three per cent of Indians, or 20 million people, will remain in extreme poverty by 2022, and it could be eliminated completely by 2030. 

Much of this success can be attributed to strong and rapid economic growth; and that growth will need to be sustained over the
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in