A STUDY OF THE INCLUSIVE GROWTH AND POVERTY ALLEVIATION STRATEGIES IN INDIA FOR SUSTAINABLE DEVELOPMENT
Keywords:
Sustainable development, Inclusive Growth, Absolute Poverty, Relative Poverty, Poverty alleviation strategies, Uniform and Mixed Recall Period,,Abstract
This research paper summarizes various aspects of sustainable development in the Indian
context, exploring key areas, including inclusive growth and poverty alleviation, and progress
towards a more sustainable future.
Today, in the 21st century, the Indian economy is facing more challenges such as global
warming, nationalism, war, trade wars, the issue of crude oil, trade deficit, etc. India is the world's
largest populous country and one of the five largest economies in the world. But so far, only a small
percentage of the Indian population has benefited from this impressive growth, as many people in
India still live in extreme poverty. About 8.5% of the world's population lives in extreme poverty.
Living on less than $2.5 a day may seem impossible, but it is a reality for about 601 million people
in our world today. While pursuing inclusive and sustainable development, the benefits of
development must reach the poor. The gap between the rich and the poor is widening rapidly in the
age of Artificial Intelligence (A. I.).
Poverty is a phenomenon where a section of the society is unable to meet even the basic needs
of their life. Today, poverty is a serious problem for the world, where we still find more than two
billion people in developing countries. Currently, 10% of the world's population faces extreme
poverty, 20% of which are found in India.
We have completed 79 years of independence and we are the fastest growing economy in the
world. But if this growth is not shared across the society, development will fail. Poverty has long
been a serious problem in India, which has affected human well-being due to poor health, low basic
levels of education and declining standards of living. Even today, 25.8% of the total population
living in rural areas of India lives below the poverty line, while the situation is slightly better in
urban areas where 13.8% of the population lives below the poverty line. The findings of this study
will help improve poverty alleviation policies that will benefit policymakers around the world who
want to leave no one behind. Therefore, this paper will be a reference for scholars, policymakers,
governments, and stakeholders for sustainable development to reduce poverty.
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