Poverty Is The Biggest Menace Essay

Poverty is the biggest menace of the world and has more formidable dimensions in India. And poverty has numerous definitions given by different people/organizations. However, lack of minimum civic basics like food, shelter, clothing, sanitation, safe water and schooling etc. are the common factors. Lack of education deprives people from voicing their feelings, needs and demands to the state authorities and they continue to suffer. They suffer from malnutrition and under nutrition so easily fall prey to serious health issues due to reduced immunity power.

Poverty is also defined by another parameter which is per-capita/per-day income, which as per World Bank parameter is an income of less than 1.25$. In India this figure stands at Rs. 28/- and 32/- for rural and urban population. People in this group are deprived of nutrition food. They just eat tummy fillers to kill the hunger. Going by all parameters we account for one third of the total 1.4 billion poor, which is an unfortunate situation.

As per a study conducted on the poor falling in this category, 43% children are not well fed and at least 35% of them are deprived of basic education which, figure in numbers is two crores. They so many times have to resort to

For women struggling against repressive social and economic conditions Micro-credit has proved to be an important liberating force. It is a fact that without participation of the fair-sex economic growth and political democracy cannot achieve fully. Yunus has had a vision to eradicate poverty in the world. That vision cannot be realized by means of micro-credit alone. It is consistent efforts by the micro-credit institutions like the Grameen Bank which would play a vital role, as enumerated by Muhammad