Economics and Business
ISSN 2775-9237 (Online)
Published: 03 September 2021
Economic Growth, Income Inequality and Poverty Trends in Pasture Area’s Householder in Sujanagar Upazila, Pabna, Bangladesh: Implications for Development strategy
Kazi Md. Barkat Ali, A. B. M Anamul Haque
University of Chittagong (Bangladesh), Pabna University of Science and Technology (Bangladesh)
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Keywords: Economic Growth, Income Inequality, Poverty, Pasture Area, Sujanagar Upazila
The study is based on primary household level data obtained from a survey on income expenditure and poverty measures for 2020-21. The perceptual data were collected through field survey which was based on semi structural questionnaire. Total 162 selected samples were considered and simple random sampling techniques have been adopted during data collection. These factual data were collected from various secondary sources like books, journals, magazines, nationally and internationally published data etc. Human development indicators for 1996 have been compared with the study area (pasture area in SujanagarUpazila, Pabna district, Bangladesh). The empirical result shows the analysis of poverty, income inequality, economic growth & development scenario of pasture area’s in Sujanagarupazila, Pabna district, Bangladesh. The research found that 55% respondents live under the poverty line. The study also examines that these householders play an important contribution to the national GDP but their living level is below than standard one. If these areas’ householders’ development access were more available, they would return a great introduction to the society. This paper advises using anti-poverty policy, the concept of poverty minimizing inequality that the society should be tolerant ofattaining the goal of minimizing poverty. It is useful to differentiate between structural and transient causes of poverty. The provision of public goods plays an imperative role in fighting poverty. The government’s proper planning and initiatives, NGOs and Community based organization’s collaboration help build the study area as a socio-economic and environmentally friendly area in Bangladesh.
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