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Poverty alleviation refers to a collection of economic and humanitarian measures taken to eradicate poverty in a country. According to the World Bank, if a person lives on $1.90 per day or less, he or she is living in severe poverty, which currently affects 767 million people worldwide. The NITI Aayog’s Multidimensional Poverty Report’s unveiling of a noteworthy decline in the poverty headcount, from 24.85 percent in 2015-16 to 14.96 percent in 2019–2021, presents a promising trajectory of progress.
The basic idea of poverty alleviation is to provide the poor with access to basic necessities such as food, water, shelter, and healthcare, as well as education and employment opportunities. The Indian government has launched various programs and schemes to eradicate poverty and provide basic amenities to poor households, such as the Pradhan Mantri Awas Yojana and Housing for All by 2022, which aim to provide housing to the rural and urban poor.
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