COMMITEE: Economic and Financial Affairs Council(ECOFIN) AGENDA: Implementation of the third United Nations Decade for Eradication of poverty (2018-2027). COUNTRY: The Republic Of India Poverty is a global crisis which needs to be addressed by each country and was also recognised the un and resolution 72/233 was made where the General Assembly proclaimed the Third United Nations Decade for the Eradication of Poverty (2018–2027). It also considered that the theme of the Third Decade, to be reviewed at its seventy-third sessions, should be “Accelerating global actions for a world without poverty”, in line with the 2030 Agenda for Sustainable Development. As of 2024, there are about 700 million people in the world who are affected by extreme poverty earning less than $2.15 a day and to fulfill the agenda, atleast 110 million people should be recovered from poverty every year which seems astonishing but can be feasible. The republic of india also recognises this global pressing problems with the population of 1.4 billion and almost 5% of people,in poverty which is a 25% decline from 2011-2012, the country has bought up several solutions and schemes which have shown significant results like Atal Pension Yojana, the Pradhanmantri Jeevan Suraksha Yojana and Jeevan Jyoti Yojana. These are efforts to cover the informal worker so that they have some kind of a social security, The Skill India Mission and Pradhan Mantri Kaushal Vikas Yojana (PMKVY) provide training across various sectors, aiming to bridge the skill gap and enhance employability. In rural areas indian government runs various programs like providing cheap loans to the farmers, providing machineries, seeds etc, also government distributes free or very cheap ration to its people by handing them a ration card. In the education sector the govt of india has bought up schemes like beti bachao beti padhao, sarva sikshya abhiyan where childrens upto (6-14 years) are provided with free education, also india focuses on women led development and encourages the womens to stand up in the community and also discussed this agenda in the G20. After launching great schemes, india and other countriesstill faces poverty, where millions of people in india and the entire globe still fight for better living conditions. There are many cause of poverty like corruption. Corruption increases income inequality and poverty through lower economic growth; biased tax systems favoring the rich and well-connected; poor targeting of social programs; use of wealth by the well-to-do people and india also faces this problem as it ranks 93rd out of 180 countries in terms of poverty. In india with corruption there is no quality of services, many government officials think of earning profit therefore the services are charged overprice, Also employment is one of the major reasons of poverty, as of today every country is dealing with unemployment like india. In india 92 percent of people are under informal sector and only 5% percent are skilled with is truly a matter of concern and indian government is trying to tackle it. Illiteracy plays a vital role in poverty and as of india around 15% of people are uneducated which is an issue as it will lead to less growth in country’s economy as the livelihood of those people would be in danger. The delegate of India would like to suggest some solutions that can be implemented like:● Reducing transaction costs in doing business,investment in people,materials efficiency in general is required. Focus has to be on recycling and India need to curb the use of extensive virgin material as it does right now also new and efficient technologies should be brought up. ● Data on women empowerment needs to be generated. Land data needs to be gender disaggregated. ● Global trade should increase and MNC’S should be welcomed which would generate employment ● System for identification of unorganized workers also needs to be put in place. ● The key to the generation of employment is that we need to focus on the local development strategy. ● Livelihood business incubators in rural areas should be promoted. ● There should be social security in terms of health insurance and other insurance schemes which the states should bring given their specificities. ● There should be education and vocational training and technical education in states. ● Provide finance for skill training in the informal sector. SOURCES: https://social.desa.un.org https://www.indiabudget.gov.in https://datatopics.worldbank.org https://bise.edu.in/ https://pib.gov.in/ https://www.niti.gov.in/
