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Social Policy Analysis and Development Assignment
A Glance at the HOPE Scheme
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Uploaded: May 26, 2016
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Abstract
The policy analysis paper would speak about ‘financial scarcity’ which is much prevailing
problem in the low income households. This is a problem which directly or directly affects
the entire global economy, the efforts are made by the Government to address the problem
and to make low income households enable enough to survive and sustain.
One of the Schemes for enabling the low income population of the country is HOPE Scheme.
HOPE stands for home ownership plus education. HOPE is a scheme for assistance run by
the Ministry of Community Development, Youth and Sports.
The significance of the problem to social policy is well understood. Poverty or generation of
low income is an extremely serious concern which needs to be addressed by any initiative.
HOPE scheme is one such initiative which assists the low income households to get rid of
their financial problem and scarcity and to put in their limited financial resources in some
constructive affairs which bear fruitful results in future and they can have an improved
standard of living. Such households are served with a direction to get out of the trap of
poverty. The scheme provides assistance in targeted and comprehensive forms. The scheme
has been initiated with an aim to support the low income households so that they get enabled
to concentrate their limited income/ financial resources on their skills up gradation and
education (HOPE Scheme).