Economics (NTSE/Olympiad)  

1. Poverty As Challange

Vulnerable Groups

Vulnerability : Vulnerability to poverty is a measure, which describes the greater probability of certain communities (say, members of a backward caste) or individuals (such as a widow or a physically handicapped person) of becoming, or remaining, poor in the coming years. Vulnerability is determined by the options available to different communities for finding an alternative living in terms of assets, education, health and job opportunities. Further, it is analysed on the basis of the greater risks these groups face at the time of natural disasters (earthquakes, tsunami), terrorism etc.
Who are Vulnerable : Poverty and occupation both are co-related. Most of the poor people include agricultural and casual labourers, the tribals and the disabled or the physically challenged. According to the estimates of Planning Commissions agricultural labour house hold constitute 25 % of the total labour house hold and of these 57.60 % live below poverty line. In those states where agricultural labourers are a great share, Poverty is also higher. In case of Urban poor, the poverty occurs primarily due to the outflow of the rural poor into Urban areas. The casual workers, the unemployed daily wage earners, domestic servants, Rickshaw Pullers, Hotel and Restaurant Workers fall in the category of the urban poor.

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