100 to 150 million households in India are thought to live on less than US$1.90 per day. Additionally, market-based solutions are frequently inaccessible to them. Many of the large-scale government livelihood programs and safety net programs that are aimed at the poor do not reach the most vulnerable and extremely poor people.
Malnutrition makes illnesses worse, which further depletes resources and necessitates borrowing from predatory lenders. They typically have food insecurity and eat fewer than two meals every day. They are also dependent on the erratic supply of wage labor. The households in ultra-poverty have little or no assets, especially those of a non-durable kind, have few hopes for a better future, and are socially, economically, and geographically isolated. There are numerous notable distinctions between the ultra-poor and the poor. The term “Ultra-Poor” refers to people who spend 80% of their income on food but fall short of 80% of their daily calorie requirements. According to The World Bank Poverty, between 9.1% and 9.4% of the world’s population was predicted to be living in extreme poverty in 2020. Those who are extremely poor frequently lack education, have few or no assets, and are in terrible physical and mental condition. The inability to provide for even the most basic needs is known as ultra-poverty. Achievements of India’s Industrial Sector Between 1950-1990.Educated Unemployed - A Peculiar Problem of India.
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