{"id":16590,"date":"2023-11-19T05:58:19","date_gmt":"2023-11-19T05:58:19","guid":{"rendered":"https:\/\/edukemy.com\/blog\/?p=16590"},"modified":"2023-11-19T05:58:28","modified_gmt":"2023-11-19T05:58:28","slug":"a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023","status":"publish","type":"post","link":"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/","title":{"rendered":"A roadmap to eliminate poverty in India &#8211; UPSC Daily Editorial Analysis &#8211; 21st July 2023"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-essay?utm_source=Blog&amp;utm_medium=Banner&amp;utm_campaign=Essay\" target=\"_blank\" rel=\"noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1280\" height=\"300\" src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/10.png\" alt=\"\" class=\"wp-image-42412\" srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/10.png 1280w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/10-1170x274.png 1170w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/10-585x137.png 585w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/a><figcaption><a href=\"https:\/\/edukemy.com\/upsc\/upsc-essay?utm_source=Blog&amp;utm_medium=Link&amp;utm_campaign=Essay\">UPSC Essay Course<\/a><\/figcaption><\/figure>\n\n\n\n<p>Eliminating poverty in India requires a comprehensive and multifaceted roadmap that addresses the complex interplay of economic, social, and institutional factors. Firstly, there is a need for targeted economic reforms that promote inclusive growth, job creation, and entrepreneurship. This involves streamlining bureaucratic processes, reducing regulatory hurdles, and incentivizing investments in sectors that have the potential to generate employment on a large scale. Concurrently, social welfare programs must be strengthened to provide a robust safety net for vulnerable populations, ensuring access to education, healthcare, and basic amenities. Moreover, empowering women through education and employment opportunities is crucial, as it not only enhances their economic status but also contributes to breaking the cycle of intergenerational poverty. Additionally, enhancing agricultural productivity and supporting rural development can uplift a significant portion of the population dependent on agriculture. Collaborative efforts between the government, private sector, and civil society are essential for the successful implementation of these measures. Finally, a focus on building effective governance structures, reducing corruption, and promoting transparency will be pivotal in ensuring that resources are efficiently allocated and reach those who need them the most.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tag:<\/strong> GS Paper-3: Indian Economy.\u00a0<\/p><\/blockquote>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-69d7745a48fa2\" class=\"ez-toc-cssicon-toggle-label\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d7745a48fa2\"  \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#Exam_View\" title=\"Exam View:\">Exam View:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#Context\" title=\"Context:\">Context:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#Decoding_the_editorial_Indias_economic_goals\" title=\"Decoding the editorial: India\u2019s economic goals&nbsp;\">Decoding the editorial: India\u2019s economic goals&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#Raising_the_per_capita_income\" title=\"Raising the per capita income\u00a0\">Raising the per capita income\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#An_incremental_capital-output_ratio_ICOR\" title=\"An incremental capital-output ratio (ICOR)\u00a0\">An incremental capital-output ratio (ICOR)\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#Investment\" title=\"Investment\u00a0\u00a0\">Investment\u00a0\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#The_composition_of_investment\" title=\"The composition of investment\u00a0\u00a0\">The composition of investment\u00a0\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#A_provision_for_basic_income\" title=\"A provision for basic income\u00a0\">A provision for basic income\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#The_challenges_for_India\" title=\"The challenges for India&nbsp;\">The challenges for India&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#The_overall_climate_for_peace\" title=\"The overall climate for peace\u00a0\">The overall climate for peace\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#The_attitude_towards_global_trade\" title=\"The attitude towards global trade\u00a0\">The attitude towards global trade\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#The_strategy_of_development\" title=\"The strategy of development\u00a0\">The strategy of development\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#Ability_to_absorb_new_technologies\" title=\"Ability to absorb new technologies\u00a0\">Ability to absorb new technologies\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#Environmental_considerations\" title=\"Environmental considerations\u00a0\">Environmental considerations\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#Q_What_are_the_key_economic_reforms_outlined_in_the_roadmap_to_eliminate_poverty_in_India\" title=\"Q: What are the key economic reforms outlined in the roadmap to eliminate poverty in India?\">Q: What are the key economic reforms outlined in the roadmap to eliminate poverty in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#Q_How_does_the_roadmap_address_the_social_aspects_of_poverty_in_India\" title=\"Q: How does the roadmap address the social aspects of poverty in India?\">Q: How does the roadmap address the social aspects of poverty in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#Q_What_role_does_the_agricultural_sector_play_in_the_roadmap_to_eliminate_poverty\" title=\"Q: What role does the agricultural sector play in the roadmap to eliminate poverty?\">Q: What role does the agricultural sector play in the roadmap to eliminate poverty?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#Q_How_does_the_roadmap_address_the_issue_of_gender_inequality_in_the_context_of_poverty_reduction\" title=\"Q: How does the roadmap address the issue of gender inequality in the context of poverty reduction?\">Q: How does the roadmap address the issue of gender inequality in the context of poverty reduction?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#Q_What_collaborative_efforts_are_envisioned_in_the_roadmap_to_ensure_its_successful_implementation\" title=\"Q: What collaborative efforts are envisioned in the roadmap to ensure its successful implementation?\">Q: What collaborative efforts are envisioned in the roadmap to ensure its successful implementation?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#In_case_you_still_have_your_doubts_contact_us_on_9811333901\" title=\"In case you still have your doubts, contact us on 9811333901.&nbsp;\">In case you still have your doubts, contact us on 9811333901.&nbsp;<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/edukemy.com\/blog\/a-roadmap-to-eliminate-poverty-in-india-upsc-daily-editorial-analysis-21st-july-2023\/#Visit_our_YouTube_Channel_%E2%80%93_here\" title=\"Visit our YouTube Channel &#8211;&nbsp;here\">Visit our YouTube Channel &#8211;&nbsp;here<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Exam_View\"><\/span><strong>Exam View<\/strong>: <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India\u2019s economic goals; The challenges for India.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Context\"><\/span><strong>Context<\/strong>: <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Though India is today <strong>the fifth largest economy<\/strong>, in per capita terms, <strong>it is ranked (2022) 149 out of 194 countries<\/strong>. India needs to grow at 7 percent for the next 25 years to raise incomes.\u00a0\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Decoding_the_editorial_Indias_economic_goals\"><\/span><strong>Decoding the editorial: India\u2019s economic goals<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Raising_the_per_capita_income\"><\/span><strong>Raising the per capita income<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>It should be raised by almost six times over the next 25 years from the estimated $2,379 in 2022-23.\u00a0<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-center\"><img decoding=\"async\" src=\"blob:https:\/\/edukemy.com\/b159b77d-702a-4f82-b2a0-035feb37542a\"><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>That will enable people to have a higher standard of living and eliminate poverty.\u00a0<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"An_incremental_capital-output_ratio_ICOR\"><\/span><strong>An incremental capital-output ratio (ICOR)<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>An ICOR of 4 will require a Gross Fixed Capital Formation rate of 28 percent<\/strong>.\u00a0<\/li><li>However, the ratio of 4, which is often assumed, is on the basis of improved efficiency in the use of capital.\u00a0\u00a0<\/li><li>During the high-growth period in the early years of this century, the ratio was low. It has subsequently increased.\u00a0<\/li><li>Excluding two outlier years namely, 2019-20 and 2020-21, the average ICOR over five years from 2016-17 to 2022-23 is estimated to be 4.65.\u00a0<\/li><li><strong>ICOR is the result of many factors, including technology<\/strong>.\u00a0\u00a0<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-center\"><img decoding=\"async\" src=\"blob:https:\/\/edukemy.com\/c363b33d-0ee3-4e86-b54e-2b4e55ad4875\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Investment\"><\/span><strong>Investment\u00a0<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The required <strong>investment rate in the next 25 years may be in the range of 30-32 percent of GDP<\/strong>.&nbsp;<\/li><li>While recognising that public investment has picked up, it is necessary to emphasise that the investments by the business sector, both corporate and non-corporate, must increase.&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_composition_of_investment\"><\/span><strong>The composition of investment\u00a0<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Investment must flow into sectors and segments which are crucial to promote growth and employment generation.&nbsp;&nbsp;<\/li><li>While foreign direct investment must be welcomed, particularly in the newly emerging technological sectors, <strong>bulk of the investment must come from within<\/strong>.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"A_provision_for_basic_income\"><\/span><strong>A provision for basic income<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The level of basic income and the coverage of beneficiaries have to be determined taking into account certain normative considerations.\u00a0\u00a0<\/li><li>With basic income, India should be prepared to cut down most subsidies other than those on food.\u00a0\u00a0<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_challenges_for_India\"><\/span><strong>The challenges for India<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_overall_climate_for_peace\"><\/span><strong>The overall climate for peace<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>It is necessary for growth. It has deteriorated after the Ukraine-Russia conflict.&nbsp;&nbsp;<\/li><li>If this tension continues, it will be a strong negative factor for growth.&nbsp;&nbsp;<\/li><li>Supply disruptions of critical imports like oil can cause a severe setback not only to developing countries but also to developed countries.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_attitude_towards_global_trade\"><\/span><strong>The attitude towards global trade<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>WTO was set up to create an environment of low tariffs and restrictions.&nbsp;&nbsp;<\/li><li>But rich countries that earlier preached to the developing countries to adopt a free trade model, are backing out for one reason or another and putting restrictions on imports.&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_strategy_of_development\"><\/span><strong>The strategy of development<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Several countries like South Korea earlier and China achieved high growth over several decades by focusing on exports.&nbsp;&nbsp;<\/li><li>This export-led growth strategy may not work for India, particularly in the context of changed global trade situation.&nbsp;&nbsp;<\/li><li>A <strong>multi-dimensional strategy with emphasis on agriculture and related activities, manufacturing and exports is the need<\/strong> of the hour.&nbsp;&nbsp;<\/li><li>India needs to preserve its growth in services sector.&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Ability_to_absorb_new_technologies\"><\/span><strong>Ability to absorb new technologies<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Unlike the earlier ones, it is suspected that <strong>AI can result in increasing productivity and output but not necessarily jobs<\/strong>.\u00a0\u00a0<\/li><li>That is bad news for populous countries like India.\u00a0\u00a0<\/li><li><strong>India\u2019s educational system must be reoriented<\/strong> to enable students to acquire the requiredskills.\u00a0\u00a0<\/li><li>Equally important is to <strong>identify labour-intensive economic activities<\/strong>.\u00a0\u00a0<\/li><li>India has to reckon with a <strong>lower employment elasticity with respect to output<\/strong>.\u00a0<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Environmental_considerations\"><\/span><strong>Environmental considerations<\/strong>\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>The burden of pollution reduction must be borne primarily by developed economies that have exploited natural resources significantly in the last century and a half.&nbsp;&nbsp;<\/li><li>Bringing down pollution, including the level of carbon, can have an output effect.&nbsp;&nbsp;<\/li><li>In this context, a high annual growth rate of 8 percent may have to be ruled out for India.&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<p>A 6 to 7 percent growth continuously is still possible if the strategy is correct and if we can create an appropriate investment climate.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" width=\"602\" height=\"339\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/11\/image-253.png\" alt=\"\" class=\"wp-image-16592 lazyload\" data-srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/11\/image-253.png 602w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2023\/11\/image-253-585x329.png 585w\" data-sizes=\"(max-width: 602px) 100vw, 602px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 602px; --smush-placeholder-aspect-ratio: 602\/339;\" \/><\/figure><\/div>\n\n\n<p><strong>Source<\/strong>:<a href=\"https:\/\/indianexpress.com\/article\/opinion\/columns\/an-economy-more-future-ready-8847102\/\" target=\"_blank\" rel=\"noreferrer noopener\"> Indian Express\u00a0<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_are_the_key_economic_reforms_outlined_in_the_roadmap_to_eliminate_poverty_in_India\"><\/span>Q: <strong>What are the key economic reforms outlined in the roadmap to eliminate poverty in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Answer: The roadmap includes measures such as streamlining bureaucratic processes, reducing regulatory hurdles, and incentivizing investments in sectors that can generate widespread employment, fostering inclusive economic growth.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_How_does_the_roadmap_address_the_social_aspects_of_poverty_in_India\"><\/span>Q: <strong>How does the roadmap address the social aspects of poverty in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Answer: Social welfare programs play a crucial role in the roadmap by providing a robust safety net, ensuring access to education, healthcare, and basic amenities. Empowering women through education and employment opportunities is also emphasized to break the cycle of intergenerational poverty.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_role_does_the_agricultural_sector_play_in_the_roadmap_to_eliminate_poverty\"><\/span>Q: <strong>What role does the agricultural sector play in the roadmap to eliminate poverty?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Answer: The roadmap highlights the importance of enhancing agricultural productivity and supporting rural development as a means to uplift a significant portion of the population dependent on agriculture. Agricultural reforms are essential for reducing poverty in rural areas.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_How_does_the_roadmap_address_the_issue_of_gender_inequality_in_the_context_of_poverty_reduction\"><\/span>Q: <strong>How does the roadmap address the issue of gender inequality in the context of poverty reduction?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Answer: Empowering women is a key focus of the roadmap, emphasizing education and employment opportunities. Recognizing the role of women in poverty alleviation not only enhances their economic status but also contributes to breaking the cycle of poverty within families.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Q_What_collaborative_efforts_are_envisioned_in_the_roadmap_to_ensure_its_successful_implementation\"><\/span>Q: <strong>What collaborative efforts are envisioned in the roadmap to ensure its successful implementation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Answer: The roadmap emphasizes collaboration between the government, private sector, and civil society. It recognizes that a joint effort is essential for the successful implementation of measures outlined in the roadmap, ensuring that resources are efficiently allocated and reach those who need them the most.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"In_case_you_still_have_your_doubts_contact_us_on_9811333901\"><\/span><strong>In case you still have your doubts, contact us on 9811333901.<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For UPSC Prelims Resources,&nbsp;<a href=\"https:\/\/edukemy.com\/upsc-cse-prelims-resource-centre\" target=\"_blank\" rel=\"noreferrer noopener\">Click here<\/a><\/p>\n\n\n\n<p>For Daily Updates and Study Material:<\/p>\n\n\n\n<p>Join our Telegram Channel &#8211;&nbsp;<a href=\"https:\/\/t.me\/WithEdukemy4IAS\" target=\"_blank\" rel=\"noreferrer noopener\">Edukemy for IAS<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>1. Learn through Videos &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3vOD8sU\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>2. Be Exam Ready by Practicing Daily MCQs &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3Q9z2nF\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>3. Daily Newsletter &#8211; Get all your Current Affairs Covered &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3bE2y5J\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>4. Mains Answer Writing Practice &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3mZuVxl\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Visit_our_YouTube_Channel_%E2%80%93_here\"><\/span>Visit our YouTube Channel &#8211;&nbsp;<a href=\"https:\/\/www.youtube.com\/@ShabbirsEduKemyforIAS\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Eliminating poverty in India requires a comprehensive and multifaceted roadmap that addresses the complex interplay of economic, social, and institutional factors.<\/p>\n","protected":false},"author":17,"featured_media":16594,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[352],"tags":[160,161,485,232,140],"class_list":["post-16590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-editorial-analysis","tag-daily-current-affairs","tag-daily-current-affairs-upsc","tag-poverty-in-india","tag-upsc","tag-upsc_preparation_strategy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/16590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/comments?post=16590"}],"version-history":[{"count":1,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/16590\/revisions"}],"predecessor-version":[{"id":16595,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/16590\/revisions\/16595"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media\/16594"}],"wp:attachment":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media?parent=16590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/categories?post=16590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/tags?post=16590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}