Following are the measures by which poverty can be reduced in India :
1. Population Control. Growing population is a major cause of poverty in India. So, it ig necessary to control it. Family planning programme should be implemented effectively to control population explosion.
2. Creation of More Employment Opportunities. Though it has been stated in our constitution that the government would provide employment opportunities to all, but unemployment is still a big problem in India. It is also responsible for poverty. Hence, it is essential to promote employment through intensive development technology.
3. Check on Price Rise. Price rise is also, responsible for poverty in India. It decidedly goes against the interests of the poor. So, price rise must be checked through proper, fiscal and monetary policies and other measures.
4. More Emphasis on Small, Rural and Cottage Industries. Small scale and cottage industries have not developed fully in India, It is essential to develop such industries as their development will help the poor. So, government should adopt effective methods to expand small scale and cottage industries which will increase the self-employment opportunities.
5. Stepping up Capital Formation. Low rate of capital formation is a major hindrance in the way of fast economic development. The rate of capital formation, therefore, must be increased. As it basically depends on the saving rate, ever possible effort should be made to increase savings and their mobilisation.
