To What Extent Has Poverty And Inequality Affected The World?

To what extent has poverty and inequality affected the world?

Introduction

Poverty is primarily the consequence of the way society is organized and resources are allocated, whether these are financial or other resources such as access to housing, health and social services, Education and other economic, social and cultural services. Indeed, the fact that there are very Different levels of poverty in different Member States demonstrates clearly that different approaches to Allocating resources and opportunities leads to different outcomes. People or countries that face Poverty also have to deal with inequality. Example economic inequality, healthcare inequality, social Inequality, etc.

India

Poverty in India is widespread, and a variety of methods have been proposed to measure it. The

Since 2005, Indian government adopted the Tendulkar methodology which moved away from calorie anchor to a basket of goods and used rural, urban and regional Minimum expenditure per capita necessary to survive. Poverty in India is a historical reality. From late 19th century through early 20th century, under British colonial rule, poverty in India intensified, peaking in 1920s. Famines and diseases killed millions each time. After India gained its Independence in 1947, mass deaths from famines were prevented, but poverty increased, peaking Post-independence in 1960s. Rapid economic growth since 1991, has led to sharp reductions in Extreme poverty in India. However, those above poverty line live a fragile economic life. Lack of basic Essentials of life such as safe drinking water, sanitation, housing, health infrastructure as well as Malnutrition impact the lives of hundreds of