Vivek Gurupraad Analysis

POVERTY AND SOCIAL EXCLUSION FROM A MULTI-DIMENSIONAL PERSPECTIVE By Vivek Guruprasad

Poverty means the state of being extremely poor or the state of one who lacks a certain amount of material possessions or money. Poverty is a very common social issue in today’s world. One billion people are living in conditions of extreme poverty and almost 30 percent of them are youths. Youths are the most vulnerable to the effect of hunger and poverty. Almost half of the world, Over three billion people live on less than 2.50 dollars a day in an average. Around 2.2 million children die each year because they are not immunized due to hunger. Hunger is one of the main effect of poverty and the cause of it,

It also refers to as the set standard which is the same in all countries and which does not change over time. Absolute poverty is also called as Extreme poverty. Absolute poverty not only depends on the income but also on access to services. Currently absolute poverty widely refers to earning below the international poverty line of a $1.25 per day set by the world bank according to the money values in 2005. The vast majority of those who come under extreme poverty reside in South Asia, Sub-Saharan Africa, East Asia and the Pacific. Nearly half of them live in India and China

It also refers to a set standard which is defined in terms of the society in which an individual lives and which therefore differs between countries and over time. Absolute poverty and relative poverty are both valid concepts. The concept of absolute poverty is that there are minimum standards below which no one anywhere in the world should ever fall. The concept of relative poverty is that, in a rich country, there are higher minimum standards below which no one should fall, and that these standards should rise if and as the country becomes