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Poverty Alleviation

Poverty Alleviation through Microfinance

Introduction Poverty is one of the most pressing socio-economic challenges in developing countries, especially in nations like India, Bangladesh, Nepal, and several African states. Despite decades of development initiatives, poverty continues to persist in rural as well as urban areas due to structural inequalities, unemployment, lack of access to resources, and limited financial inclusion. Traditional…

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Insurance in Financial Planning World Bank and IMF

The Role of World Bank and IMF in Developing Economies

Introduction The development of economies, particularly in low- and middle-income countries, is a complex process influenced by financial resources, policy frameworks, governance structures, and global economic conditions. International financial institutions like the World Bank and the International Monetary Fund (IMF) play a pivotal role in supporting developing economies by providing financial assistance, policy guidance, technical…

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Poverty in India: A Multidimensional Challenge and the Way Forward

Introduction India, despite being one of the fastest-growing economies in the world, continues to face the persistent challenge of poverty. With its rapid economic growth, the country has witnessed an increase in its GDP, infrastructure development, and human capital. However, these gains have not always been equitably distributed, and large sections of the population remain…

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Evaluating the Fiscal Measures in the Union Budget 2024–25: Addressing Inflation, Growth, and Social Welfare

Introduction The Union Budget 2024–25 is a critical document that outlines the government’s fiscal policies and strategies for the upcoming financial year. The budget serves as a key instrument for managing the Indian economy and directly impacts inflation, economic growth, and social welfare. The fiscal policy measures announced in the budget aim to address challenges…

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Evaluating the Effectiveness of Direct Benefit Transfer (DBT) in Enhancing Welfare Scheme Delivery in India

Introduction Direct Benefit Transfer (DBT) is a transformative policy initiative launched by the Government of India to enhance the efficiency and transparency of welfare schemes. It aims to directly transfer subsidies and benefits to the beneficiaries’ bank accounts, thereby eliminating intermediaries, reducing leakages, and ensuring the targeted delivery of government assistance. Introduced in 2013, DBT…

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Uttar Pradesh Government Schemes (2024)

The Uttar Pradesh government has introduced several welfare schemes to improve the standard of living for various sections of society. These initiatives focus on education, healthcare, women empowerment, employment, rural development, and financial inclusion. 1. Women and Child Welfare Schemes 1.1 Mukhyamantri Kanya Sumangala Yojana 1.2 Mukhyamantri Samuhik Vivah Yojana 1.3 Beti Bachao, Beti Padhao…

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Challenges of Food Security in India and Their Solutions

Introduction Food security is a critical issue in India, a country with a population of over 1.4 billion people. It ensures that all individuals have access to sufficient, safe, and nutritious food to meet their dietary needs for an active and healthy life. Despite significant advancements in agricultural production, India continues to struggle with food…

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Inclusive Growth: A Pathway to Reducing Poverty and Inequality in India

Introduction Inclusive growth is a development approach that ensures economic expansion benefits all sections of society, particularly the marginalized and disadvantaged groups. It goes beyond mere GDP growth and emphasizes equitable distribution of wealth, access to opportunities, and social justice. For a country like India, where disparities in income, social status, and access to resources…

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Challenges and Pathways to the Empowerment of Scheduled Tribes in India

Introduction Scheduled Tribes (STs) in India constitute a significant portion of the population, representing diverse indigenous communities with distinct cultural identities. Despite constitutional provisions and affirmative action policies aimed at their upliftment, STs continue to face socio-economic marginalization. This article critically evaluates the primary challenges hindering the empowerment of Scheduled Tribes in India and explores…

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