The nature of poverty is protractedly characterised by symptoms of socio-economic deprivation, politico-cultural alienation, and inaccessibility to state resources and technology and particular type of spatial distribution. Globalisation led economic reforms have triggered a change in the very profile of poverty.

Globalisation reduced poverty :-

• High economic growth:-
  1. Globalization has become a major factor behind the high economic growth in the country. The favorable economic conditions have put a positive impact on the overall standard of living of the country.
  2. Between 1981 and 2001 the percentage of rural people living on less than $1 a day decreased from 63 to 42 per cent in India
• Percapita income increase:- Due to the high economic growth, there has been rapid progress in the civic amenities. The per capita income has increased which has improved the standard of living of the masses. As economic growth is a great factor behind the improvement of the poverty, the rise in the economic condition of India had a favorable impact on the reducing the rate of poverty in the country.
• Employment:- Due to the high demand and the supply chains, there has been significant growth in the market. As such, more and more job opportunities are being created in different sectors. This has increased the per capita income considerably which has improved the poverty level to a great extent.
• Agriculture benefitted:- Due to the globalization, Indian agriculture has improved to some extent which has helped to reduce the poverty problems of the rural masses. Due to the globalization and introduction of better equipments, there has been a stark improvement in the techniques of agriculture.
• Improvement in health care costs Globalization has also positively affected the overall health care situation in the country. More and more medical innovations are coming in which are improving the health situation in India. The infant mortality rate and the malnutrition rate have significantly come down since the last decade.
• Women Technology has also increased access to education in India, especially to women. This has decreased the gap between men and women which was created by stratified gender roles.
• It offers advantages such as production-scale efficiency, innovative technology, efficient utilisation of labour, net of tax price equalisation, and equalisation of productive world savings and investment resources. 

It also gave rise to new challenges :-

• Globalization created opportunities only for the skilled or wealthy people. This increases the inequality between the rich and poor. This has made urban poor lives much harder, and caused the creation of slums.
• On top of that, unhealthy process of urbanization is causing the deficiencies in the basic services such as housing, water supply, sanitation. This eventually made the poor as worst victims.
• With globalisation, a trend of establishing industries in the rural areas has started as the availability of land is cheaper as well as unorganized labour. This may sound fruitful but because of the pollution from the industries, lives of the rural people have deteriorated.
• Unemployment rate has increased and the growth of employment was slowed down during post-globalization period.
• The inequality also increased in terms of sectoral share in GDP and employment, and inter-states per capita income.
• In India, globalisation is leading to growth of a new generation of young and rich, and then there are millions of rural and urban poor and this inequality is growin The rich are becoming preoccupied with their own advancement, given global complexities, the poor are in a state of existential poverty. 
• India is also infamous for child labour and underpayment.
• The problem of jobless growth persisted with many people participating in agriculture (disguised employment )
• Greater incorporation of technology which was ill suited for Indian labour market and gave rise to informal sector.

Conclusion:-

• Despite the onslaught of second generation reforms and India joining the club of top economic actors at the global level, there is a long way to go for India before it can boast of substantive achievements in these critical areas. In other experimentations, it is actually not just the pace of economic growth, but the orientation and quality of growth that has made the difference in poverty alleviation ventures.