Steps to eradicate poverty in India :
1. Increasing Employment
Since unemployment is interconnected with poverty, raising employment opportunities in India is a surefire solution to poverty. Specific focus should be on the agricultural industry since the majority of people of the country depend on agriculture for a living. The quality of equipments and seeds needs to be enhanced for higher harvest.
2. Industrial decentralization
In India, a prominent problem is that all the industries are centralized or located in specific areas of the country. Decentralization of industries is necessary for the economic growth of the country and industrial units should also be set up in rural areas of the country for generating rural employment.
3. Improved healthcare facilities
Poor health condition becomes a deterrent for the people of India to work hard and earn a satisfactory amount to sustain their day-to-day living. In order to get rid of this hindrance, there should be improved healthcare facilities in both urban and rural areas.
4. Marketing of agricultural products should be facilitated
Only enhanced agricultural production will not solve the problem of unemployment which is one of the root causes of poverty in India. There should be better facilities for marketing the agricultural produces throughout India.
5. Ancillary industries in the rural sector
There should be opportunities for earning for the people who are engaged in cultivation activities in the rural areas at a time when the cultivation activities are not in progress. Cottage industry and ancillary industry like threading, furniture manufacturing, matchstick making, spinning, and rope making can make a significant contribution to eradicate joblessness and poverty.
6. Land reform rules should be made stronger
The lacunae in the land reform regulations should be done away with for making land reform statutes more sensible. Landless cultivators should be given land in order to ensure that they can earn some more money.
7. Higher focus on cattle breeding and husbandry
Cattle breeding and husbandry can make a significant contribution in generating employment in the rural areas and eradicating poverty. The government should focus on this sincerely and arrange facilities for training.
8. Bolstering Poverty Eradication Programs
The need of the hour is to make the poverty eradication programs like IRDP (Integrated Rural Development Program) more effective. More follow-ups are needed in this regard.
9. Instill the awareness of Family Planning
In order to tackle poverty, it is essential to inculcate the awareness about the importance of family planning in the minds of people. High population often leads to poverty hence it is essential to check population explosion. Family planning is a good measure to battle poverty.
10. Raising the awareness about society and political situation
In order to eliminate poverty from India, it is also important that we try our best to raise the awareness about the sociopolitical situation in the common people of the country. The population should be aware about the various advantages of the poverty alleviation programs and their importance.
In spite of government endeavors, CSR (corporate social responsibility) stays at a lower rank on the order of business of the corporate industry. Just 10% of financing is done by the corporate entities and other individuals for poverty elimination. The broadening difference of earnings between the poor and the affluent over an extensive period of time has invoked concerns of a public repercussion.