“a state or condition in which a person or community lacks the financial resources

and essentials to enjoy a minimum standard of life and well-being that's considered acceptable in society.”

Source: Pakistan Economic Survey 2013-14

People living below $1.25 a day as per 2005 international dollar prices are considered poor. Poverty line are drawn locally according to some set criteria.

A person is earning less than Rs.1745 per person is considered as poor in Pakistan.(source Pakistan economic survey 2013-14 where Survey of 2010-11 transpiring the above figure)

Example. If a family consist of 5 members and their total income is less than Rs.8725 per month, than that family is considered as poor.

Official view: World Bank calculations indicate that there are 21.04% of the population(2008 estimates)are living below the Internationally specified poverty line i.e. $1.25.

(source Word Development Indicator 2014)

Independent view: According to a study conducted by SDPI (Sustainable Development Policy Institute)

1/3rd Pakistanis are poor

(source The Express Tribune 25 Feb. 2014)

When poverty is measured considering the money necessary to need the basic necessities than it is termed as absolute poverty. where as relative poverty in concerned the quality of life with respect to the other members of the society.

Headcount Index

Poverty Gap Index

Squared Poverty Gap (Poverty Severity)

Index

Sen Index

The Sen-Shorrocks-Thon Index

The Watts Index

And many others measures

Conflicts and War

Corruption

Bad Geography

Colonialism

Higher population growth rate

Low level of Industrialization

External dependence

Low Human Development

Adverse Climatic conditions

Poverty causes Low growth thus low development and prospective for up-coming generations.

High infant mortality and Death rate

High incidence of diseases

Increased crime rate

High conflicts and less social cohesion

Less capability to utilized their endowed resources

As we cannot live alone the handicap brother and sister without help so we should not leave alone the 1/3rd fellow brother and sister of our nation alone.

Since they will not be able to handout in the economic progress of a nation. Thus, we should prepare policies which are mostly socially inclusive .

Poverty Definition | Investopedia. (n.d.). Retrieved from http://www.investopedia.com/terms/p/poverty.asp

Pakistan Economic Survey 2013-14

(source Pakistan economic survey 2013-14 where Survey of 2010-11 transpiring the above figure)

(source Word Development Indicator 2014)

(source The Express Tribune 25 Feb. 2014)