Poverty Alleviation

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Bandyopadhyay (2007) confirms that the rationale for introducing the targeted programs for the poor came to the fore in the late 1960s when the government policies had to face severe criticisms because the much anticipated benefits of economic growth was not percolating to the poor and the disadvantaged. The targeted poverty alleviation programs are basically supply-side interventions on the part of the state in response to the needs of the poor and the disadvantaged. The notion of poverty that has been used in targeted poverty alleviation programs in India is primarily based on level of income or purchasing power or in terms of calorie consumption below and above norm.

We need to be cognizant that, any discussion on poverty and its alleviation
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They further stated that poverty, which is considered as great violence in acceleration of economy, is the responsibility of every one of us to give the poor a helping hand so that shade of poverty can be shed. Reddy and Manak (2005) observe that the results from these self-help groups (SHGs) are promising and have become a focus of intense examination as it is proving to be an effective method of poverty reduction.

Wan et al (2011) writes that while economic growth is necessary, it is insufficient to guarantee significant poverty reduction. The results in their study demonstrate that the impact of growth on poverty was smaller during 2005-2008 relative to 2002-2005. This corroborates the observed increases in inequality in Asia and the Pacific, implying the need for more inclusive growth. Policies and strategies that ensure equal access to opportunities and the establishment of social protection systems in the region are urgently required.
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As the outside loan amount in the household increase by one per cent, the probability of participation of women in the microfinance program had increased by 0.23 per cent. Finally, the presence of other micro credit programs or self-help groups in the same or nearby villages had a significant positive influence on the participation of women in the microfinance program. It implied that the participation of women in microfinance program was influenced by EDA and APMAS (2006) further says that the SHG promotion – and the necessary money to pay for it - cannot be considered as a one-shot, simple input. It has to be more strategic, adaptive and longer-term. Reddy and Manak (2005) opines that the impact of the SHG movement on various aspects of civil society has been varied. As mentioned, the development of SHGs has varied from state to state but, regardless of the phase of evolution, SHGs require external help to continue to grow and have greater outreach and impact to civil society. They argue that some of the obstacles to evolution are beyond the control of the SHGs. The government, NGOs, Banks and others, including the private sector, can work together to help answer the needs to SHGs in a measured and effective manner in hopes of not overloading them leading to

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