As everyone knows that
Pakistan is an under develop country which has very little opportunity
to grow due to its fluctuating economy. From the time of independence
till now, Pakistan is going through hardships and is trying firmly to justify
its position in the world. Among all these problems, the foremost
problem is poverty. Poverty is a condition in which one cannot afford
basic human needs such as food, shelter, clothes, education, nutrition
and good health. Much has been written and done to abolish poverty in
Pakistan but the situation is almost the same. Poverty in Pakistan is of
great concern as it is a developing country. Though our middle class
has improved their status and has grown up to 35% but still according to
an estimation held in the year 2008, 17.2% of the total population is
living below poverty line. This condition is very alarming as this is
the lowest figure ever recorded in the history of our country.
Poverty in our country has risen due to
number of factors. The prime factor is lack of education. Number of
people does not know about latest and modern techniques of running a
business so the result is reduction in revenue and loss in business.
Pakistan’s import is greater than export. Even the raw material has to
be imported. Here the need is to cut down imports and to take benefit
from country’s natural resources. This will also give opportunity to the
local people to earn. The present law and order situation in Pakistan
is also discouraging many investors and those who have already invested
are not getting any benefit. Corruption is prevailing in every corner of
our country and is engulfing the rights of a common man. Someone has
wisely said that “it is true that nobody is above the law, but power can make somebody invisible”. Same is the case in Pakistan where every powerful person is pillaging and there is no one to question him.
Poverty will never end until and unless
real solutions are implemented. There is a need for economic justice
and political stability. There must be complete equity between males and
females on every ground including their wages. Overpopulation should be
controlled by the government as it is one of the root causes of poverty
in our country. Industrialization must be promoted along with equal
distribution of resources. Feudalism must be dumped down and foreign
investors should be encouraged by giving them more feasibility.
Smuggling and other illegal activities along with corruption must be
dealt with iron hand.
Poverty is the parent of crime. It gives
rise to many other offences. If this increased rate of poverty is not
checked soon it will ruin everything. It is the duty of government of
Pakistan to take necessary measures to wipe out poverty and to comfort
its nation by providing them all the basic necessities of life.
The common international poverty line has in the past been roughly $1 a day.[4] In 2008, the World Bank came out with a revised figure of $1.25
Determining the poverty line is usually done by finding the total cost of all the essential resources that an average human adult consumes in one year.[6] The largest of these expenses is typically the rent required to live in an apartment, so historically, economists have paid particular attention to the real estate market and housing prices as a strong poverty line affector.
Individual factors are often used to account for various circumstances, such as whether one is a parent, elderly, a child, married, etc. The poverty threshold may be adjusted annually.
Charles Booth, a pioneering investigator of poverty in London at the turn of the 20th century, popularised the idea of a poverty line,
quotes
Loneliness and the feeling of being unwanted is the most terrible poverty.
Mother Teresa
Poverty threshold
From Wikipedia, the free encyclopedia
(Redirected from Poverty line)
For the term as defined in the United States, see Poverty thresholds (United States).
The poverty threshold, or poverty line, is the minimum level of income deemed adequate in a given country.[1] In practice, like the definition of poverty, the official or common understanding of the poverty line is significantly higher in developed countries than in developing countries.[2][3]The common international poverty line has in the past been roughly $1 a day.[4] In 2008, the World Bank came out with a revised figure of $1.25
Determining the poverty line is usually done by finding the total cost of all the essential resources that an average human adult consumes in one year.[6] The largest of these expenses is typically the rent required to live in an apartment, so historically, economists have paid particular attention to the real estate market and housing prices as a strong poverty line affector.
Individual factors are often used to account for various circumstances, such as whether one is a parent, elderly, a child, married, etc. The poverty threshold may be adjusted annually.
Charles Booth, a pioneering investigator of poverty in London at the turn of the 20th century, popularised the idea of a poverty line,
quotes
Loneliness and the feeling of being unwanted is the most terrible poverty.
Mother Teresa
Amazing concept. We all know that Pakistan pass away their hard time now. May god bless them.
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