POOR EDUCATION: A Major Cause of Poverty

By: Yashaswi Diwakar Sinha

Poor education is a determining factor in continuing the cycle of poverty. Education not only teaches basic skills such as reading and writing but helps develop important qualities such as strong communication and social skills. Without it, it is difficult for children to become active members of society.

We must not forget that a very important role in the fight against poverty belongs to the state, through the economic and social policies that it develops. The measures to prevent and reduce the risk of poverty and social exclusion fall within the general framework of the multidimensional action of the Social inclusion process. This process guarantees the opportunities and resources necessary for the participation of vulnerable persons and groups in the economic, social, and cultural life of society as well as in decision-making processes 

 That affect their lives and their access to fundamental rights. 

 The process of social inclusion represents a sum of multidimensional measures and actions. As we know,  economic growth and employment are fundamental elements in the fight against poverty and social exclusion. 

 But let's not forget that a wide range of social policies are needed to reduce poverty, including education-oriented policies because education and training have a direct impact on what people can do. And can not do. 

Education systems,  at the micro and macro levels, play an important role in supporting upward social mobility. Education in all its forms is in my opinion one of the most important factors in breaking the vicious circle of intergenerational transmission of poverty. Investments in this area pay off in the long run and provide the most reliable benefits. At the same time, investing in the education of children, especially those who are at the start of the road, is a safe start in life. These nations are creating both more inclusive education and training systems at all levels and for all ages, be it primary and secondary education, higher education, or vocational training and education for adults. 

 One of the main objectives of the europe 2020 strategy is to reduce early school leaving. Thus, if the number of pupils leaving primary school by 2020 were to decrease by less than 10%, would represent a significant contribution to poverty reduction. This is all the more true given that we know that a sufficient level of skills and aptitudes is essential for the employability of today's youth labor markets.

A 2002 study  found that these conditions in india are in part due to educational poverty,  defined as  deprivation of basic education and literacy. Only 6% of the income of poor households is invested in education and health, while the majority is spent on other necessities such as food and fuel.

HOW EDUCATION CAN END POVERTY?

EDUCATION INCREASES INDIVIDUAL EARNINGS:

Each additional year of schooling increases earnings by up to 10%. For every dollar invested in an additional school year, income increases by $ 5 in low-income countries and $ 2.5 in low- and middle-income countries.

EDUCATION REDUCES ECONOMIC INEQUALITIES:

If workers from lower socio-economic backgrounds had the same education as their more advantaged counterparts, the in-work poverty disparity  between the two groups would be reduced by 39%.

By 2050, the GDP per capita in low-income countries would be almost 70% higher if all children were learning.

EDUCATION PROMOTES ECONOMIC GROWTH:

50% of the difference in growth rate between East Asia and sub-Saharan Africa between 1965 and 2010 is due to children's school completion.

Primary and lower secondary education must be truly free. Taxes should be removed and all related costs, including those for textbooks, transportation, and school uniforms, should be covered. Programs and funding at all levels should be targeted to meet the needs of the most disadvantaged children, youth, and adults.