economy

Poverty and Development. Poverty-line and Programmes for eradication of Poverty in India.

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The World Bank defines poverty in absolute terms. The bank defines extreme poverty as living on less than US$1.90 per day> (PPP), and moderate poverty as less than $3.10 a day. Types of Poverty Absolute poverty measures poverty in relation to the amount of money necessary to meet basic needs such as food, clothing, and … Read more Poverty and Development. Poverty-line and Programmes for eradication of Poverty in India.

Impact of globalization on Indian society

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Globalization essentially means integration of the national economy with the world economy. It implies a free flow of information, ideas, technology, goods and services, capital and even people across different countries and societies. It increases connectivity between different markets in the form of trade, investments and cultural exchanges. The concept of globalization has been explained … Read more Impact of globalization on Indian society

Meaning of Economic and Social Development. Human Development Index (HDI)and Human Poverty Index (HPI).

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Human development is a process of enlarging people’s choices. The most critical ones are to lead a long and healthy life, to be educated and to enjoy a decent standard of living. Additional choices include political freedom, guaranteed human rights and self-respect.Human development has to be development of the people, by the people, for the … Read more Meaning of Economic and Social Development. Human Development Index (HDI)and Human Poverty Index (HPI).