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Definition of Poverty:
Poverty is about not having enough money to meet basic needs
including food, clothing and shelter. It is the state of one who lacks a
certain amount of material possessions or money. Absolute
poverty or destitution refers to the deprivation of basic human needs,
which commonly includes food, water, sanitation, clothing, shelter,
health care and education. Approximately, 1.7 million people are living
in absolute poverty in the present world. Relative poverty is defined
contextually as economic inequality in the location or society in which
people live.
However, poverty is more, much more than just not having enough
money.
The World Bank Organization describes poverty in this way:
“Poverty is hunger. Poverty is lack of shelter. Poverty is being sick
and not being able to see a doctor. Poverty is not having access to
school and not knowing how to read. Poverty is not having a job, is
fear for the future, living one day at a time.”
all our members to reach their full potential. It helps all of us to help
one another .
Classification of Poverty:
Different people think about poverty in different ways. Some people
think that poverty is about being able to buy and sell but other people
think about getting a fair share of education and health care or about
being given respect, and having some influence over what happens in
their life. Because of these differences it is useful to think about two
main types of poverty - income poverty and non-income poverty
Poverty in Bangladesh:
Condition of poverty in Bangladesh is not so good. Now, We would like
to delineate the present situation of poverty in Bangladesh. Around
31% of the rural population presently suffers the indignity of chronic
poverty low consumption, hunger and under-nutrition, lack of access to
basic health services, illiteracy and other deprivations for more than a
decade. About 24% of the total population currently lives in extreme
income-poverty. About 19% of rural households cannot have 'full three
meals' a day; about 10% subsist on two meals or less for a number of
months every year. While Bangladesh has come out of the "shadow of
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Reasons of Poverty:
There are many reasons of poverty in Bangladesh. Now, the reasons
that are working effectively behind the poverty of Bangladesh are
stated below:
6. Largeness of family.
7. Low wage.
Impacts of Poverty:
1. Illiteracy: Poor people can not afford to send their children to school.
Thus a bigger part of society remains illiterate.
4. Lack of Clothing: Poor people can not manage proper clothing for
them. They wear rag dress. During winter many poor people suffer
from cold, even some of them die for want of warm cloth.
6. Increasing Crime : When people are unable to fulfill their basic needs
they are compelled to involve in various crime.
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11. Unplanned Life Leading: Poor people do not have any plan for
leading their life style. They lead a very unorganized and untidy life.
11. Social Service: Social services must be developed with more social
investments by governments and less military expenditures, if poverty
is to be defeated.
16. Helping Peasantry: As most of the farmers of our country live under
poverty line so government should try to up lift their condition in order
to reduce poverty. In this case government can provide them interest
free loan; free or less price fertilizer, seeds, different types of
agricultural instrument etc.
Source: www.imf.org
2. Job Creation: Every year government adds about one million new
entrance to the total workforce by introducing new mills and industries
or by expanding prevailing offices, mills and factories . Many of which
are occupied by women.
1. Shortage of fund.
2. Lake of proper planning.
3. Slow economic growth and inequality.
4. Corruption in every sector.
5. Lack of Proper monitoring.
6. Lack of sufficient infrastructure.
7. Slow industrial development.
8. Political instability.
9. Lack of commitment in people.
10. Lake of technology.
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in the number of Grameen Bank members living below the poverty line,
that is, 20 percent in comparison to 56 percent non-Grameen Bank
members. Thus, Grameen Bank has not only provided help to the
poorest to come out of abject poverty but also provided employment
to thousands of educated young people.
Reference:
www2.gnb.ca
www.hakikazi.org
www.thedailystar.net
www.caricomict4d.org
www.undp.org.bd
www.imf.org
www.grameen-info.org
www.bbs.gov.bd
Bangladesh Studies