UN Millennium Summit 2000 declared in unequivocal terms that we should "… Spare no effort to free our fellow men, women and children from the abject and dehumanising conditions of extreme poverty." Poverty can be looked at, as income poverty and human poverty. Income poverty is nothing but lack of income to buy a basket of basic needs for human survival. Human poverty transcends economic aspect and encompasses social, cultural, political and physical opportunities to lead a long, healthy, creative life and to enjoy a decent standard of living, freedom, dignity, self-esteem and respect of others. Poverty is a major cause of food insecurity. Its reduction has become imperative, to improve the access to nutritionally sufficient and safe food for all. Overcoming human poverty needs a special effort to assess a broad range of national poverty programmes – to find out what is working, what is not, and to draw some general lessons for better policies. The investigations of World Bank reveal that global poverty reduction is possible with a comprehensive approach that addresses the needs of the poor people in three important areas: opportunity, empowerment and security. It is earnestly hoped that the literature compiled in this book would come in handy for drafting multiple policies to reduce poverty by focusing on need-based approaches and their effective implementation. It may also pave the way for further research to find out more pragmatic measures and comprehensive strategies for mitigating global poverty and human misery.
ABOUT THE AUTHOR A.B. Chandra Sekhara Raju
A B Chandra Sekhara Raju holds a master's degree in economics from Sri Venkateswara University and a doctorate degree in economics, on public expenditure, from Sri Krishnadevaraya University. He is currently working as Consulting Editor at Icfai Books, Hyderabad. Prior to joining Icfai, he was into academics for over four decades. He has chaired several academic bodies, such as Board of Studies and Board of Examiners in different Universities of the state. He was also a member of Academic Council for Sri Venkateswara University. He has authored a textbook in economics for B.Com course, published by Telugu Akademi, Government of Andhra Pradesh. He has also authored a spiritual book ‘Dhyana Yogi’ and written several articles on economics and spiritualism, which are his areas of interest.
ABOUT THE AUTHOR V.V. Ramani
V.V. Ramani holds an M.A., Phil and a PGDM from Madras University. She is currently working as a Faculty Member and Consulting Editor with ICFAI University. She has over 18 years of industry and academic experience. She is the Joint Secretary of National Human Resources Development Network, Hyderabad Chapter and Vice President of CEASE Child Labor (an ILO Project). Her articles have been published in various magazines and management journals. She presented several papers in various conferences and seminars. Her areas of interest include Economics disciplines like Micro-Economics, Macro-Economics, International Trade, Public Finance and HR disciplines like Leadership, Organisational Development, Human Resource Management and Networking.
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