Ans: The causes of poverty and measures to eradicate poverty:
Poverty is an important problem of Pakistan. A person earning less than 1.25
dollar per day is living below the poverty line (according to World Bank).
Presently 21% of the world’s 7 billion population is the victim of poverty
because they earn less than 1 dollar. According to an estimate,
approximately 24.3% of population of Pakistan lives below the poverty line.
Poverty leads to hopelessness and the pace of economic development
slows down.
Reasons for poverty in Pakistan:
i. Pakistan’s population, is increasing quickly. Compared to this, there is less
increase in production capacity.
ii. Rate of inflation is high.
iii. Due to energy crisis employment opportunities are limited.
iv. Illiteracy and lack of technical education.
v. Economic development is slow and trade activities are limited.
vi. There are few opportunities for local and foreign investment due to the
country’s condition.
Measures for poverty reduction:
i. Job opportunities should be created in different departments.
ii. Loan-schemes for youth should be started so that they can establish their
own businesses.
iii. Deserving students in educational institutions should be provided aid.
iv. Citizens should be provided with basic facilities..
v. Deserving people should be helped with finances from Bait-ul-Maal and
Zakat Fund.