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The “trickle down” strategy of poverty reduction relies on
International Aid
Ecological Conservation
Subsidized public services
Economic growth
It was felt that rapid industrial development and transformation of agriculture through green revolution in select regions would benefit the underdeveloped regions and the more backward sections of the community.
The argument is that promoting economic growth, increases total income in society, creating more jobs and income, which could be redistributed.
This was the major focus of planning in the 1950s and early 1960s.
However, growth failed to “trickle down” and it widened relative poverty because it benefitted only the highly skilled and wealthy classes more than those at the bottom. This led to the approach of providing subsidized public services and generating gainful employment for the poor.
By: Pradeep Kumar ProfileResourcesReport error
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