Tuesday, January 2, 2018

Poverty Alleviation or Poverty Reduction

Background

Poverty is the state or condition in which a person or community lacks the financial resources and essentials to fulfill their basic needs of life such as food, shelter, clothing, education, health etc. Poverty can be classified into absolute and relative. Poverty is not only in terms of economic but also social, political, managerial and humanitarian. Poverty is one of the burning agenda/issue of development in Nepal and it is primarily prioritized since 9th Periodic Plan. The people under poverty line was 42% in 2000 AD and it reached to 21.6% after 13th Periodic Plan or in FY 2072/73. The target of 14th plan for people below poverty line is 17% and by 2030 targeted to alleviate poverty totally as one of the goal of SDGs.

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