Tuesday, February 22, 2011
Anti poverty program and it's applicability to developing countries
Recently, I had read an article in New York Times titled "To beat back poverty, pay the poor". This article is about "bolsa familia" (family grant) program in Brazil. This conditional cash transfer program has been.successful in raising income of poor by seven times in last six years and Brazil is able to reduce it's poverty from 22% to 7% because of this program. In this program direct cash is transferred to poor household provided the conditions of sending children school, regular medical check up, attending the nutrition and disease prevention workshops are followed by members of family. In India, National Rural Employment Gurantee Scheme can also be modified to incorporate success indredients from Brazil.