Poverty In Pakistan and its causes are defined here for the sake of Students. Poverty is one of the biggest curses in Pakistan which has affected the economic growth of the country. People are unable to fulfill their basic needs due to the low earning and high expenditures, and at the same time poverty is getting more and more popular in the country. In Pakistan more than 40 % of the total population in Pakistan is below the poverty line and through the research and studies in the entire world the poverty line is being drawn which states that the people who have their earning below 1$ a day is subjected to be underneath the poverty line.
There are so many core reasons which have contributed in the increase in poverty in Pakistan amongst which few of them are being listed below;
- The very core and basic reason of the poverty in Pakistan is the ever increasing unemployment in the state. People are not getting the jobs and the one who are getting are not up to their standards so even these unsatisfied employees considered them unemployed. There are no jobs in the market and highly educated and skilled people are being left jobless and without any earning this have significantly increased the poverty level in the country.
- Due to the power shortage and other crisis through which the country is going through has doubled the problems and have increased the level of poverty in the State. Due to power shortage and the Load shedding of all the resources have forced the industries to work and implement the downsizing policy in which they are firing people to meet their expenditures. The people who are being kicked out from the industries find themselves unpaid and jobless which is one characteristic of the unemployment and poverty in the state.
- Ever increasing inflation in the country has also increased the poverty in the state, things are getting beyond the reach of the people and they are finding their incomes very much insufficient as compared to the expenses so this is also considered to be the poverty of the country in which basic necessities of life are not in the reach and access of the people, which includes good education, healthy food, shelter and good clothes.
- Due to the low and order situation of Pakistan and increasing terrorism has forced the foreign investment to stay away from the state and the one which were working in the country are also forced to withdraw it which has left thousands of people jobless and unemployed and at the same time have lost the golden opportunity of economic development and growth of the state.
Poverty in Pakistan
5457 WordsOct 10th, 201022 Pages
Poverty in Pakistan
Poverty is Pakistan’s biggest problem which today’s Pakistan facing, it is interconnected with several elements which are having direct or indirect relationship with poverty. This paper is an effort to find out and discuss the elements related to poverty and it is a contribution from author to do something for his country and same time for the rest of world. Poverty in Pakistan does not affect people of Pakistan only but it has an effect on rest of world as well. Today Pakistani could be found everywhere in the world in search of better earning, a lot of them are illegal immigrants and some are involved in terror activities which is equally dangerous for all humanity. During research author found four…show more content…
The purpose behind this effort is to clarify the understanding of problems facing by today’s Pakistan. More specifically, the objectives are to determine how poverty can manage and to analyze the poverty reduction plans and applied successfully for the benefits of the people of Pakistan. Investigate role of education, equal resources distribution and health improvement in sustainable economic growth in Pakistan consequently less poverty.
Poverty in Pakistan:
The economy of Pakistan is the 27th largest economy in the world in terms of purchasing power, and the 48th largest in absolute dollar terms. GDP growth, spurred by gains in the industrial and service sectors, remained in the 6-8% range in 2004-06. Poverty is widespread in Pakistan and is particularly predominant in rural areas. Nearly two thirds of the population, and 80 per cent of the country’s poor people, live in rural parts of the country. In 2004-2005 the government of Pakistan estimated that almost 24 percent of the population of Pakistan live below the poverty line.
Poverty has many dimensions in Pakistan. People have not only low incomes but they also are suffering from lack of access over basic needs. The major challenge of today is poverty reduction. Pakistan’s growth performance over the last four years is enviable in many respects. Sound macroeconomic policies and implementation of structural reforms in almost all sectors of the economy have transformed Pakistan