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Saturday, September 19, 2009

Poverty in Pakistan




Poverty in Pakistan is increasing day by day n year by year.Pakistan is basically a third World Country. Among the causes of high levels of poverty in Pakistan are its history under British rule, large population, low literacy, dependence on agriculture, and the economic policies adopted after its independence.At the time of partition and independence in 1947, Pakistan inherited the most backward parts of South Asia with only one university, one Textile Mill and one Jute Factory. The country has made tremendous progress and its per Capita GNP remains the highest in South Asia. During the last decade poverty elimination programs helped many of the poor to participate and rise up. However the Global financial crisis and other factors like the occupation of Afghanistan have impacted Pakistani growth. Poverty in Pakistan has historically been higher in rural areas and lower in the cities. Out of the total 40 million living below the poverty line, 30 million live in rural areas. Poverty rose sharply in the rural areas in the 1990s and the gap in income between urban and rural areas of the country became more significant. This trend has been attributed to a disproportionate impact of economic events in the rural and urban areas.

There are also significant inhomogeneities in the different regions of Pakistan that contribute to the country's rising poverty. In the 1999 Fiscal year, the urban regions of the Sindh province had the lowest levels of poverty, and the rural areas of the North West Frontier Province had the highest. Punjab also has significant gradients in poverty among the different regions of the province.

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