Development Policies and Programs for Poverty Alleviation
Because of widespread and persistent poverty, the government of Bangladesh has placed poverty reduction at the forefront of development policies and programs. The commitment of Bangladesh to the Millennium Development Goals (MDGs), the South Asian Development Goals (SDGs) and other international agreements relevant to socio-economic development was duly considered in formulating policies and strategies for poverty alleviation. The main concern of these policies is to promote labour intensive growth and expand productive employment opportunities so that the landless poor and disadvantaged can respond to those opportunities to improve their standard of living. The development of agriculture, industry and service sectors is crucially important to economic growth. The social sector development policies which include those of education, health and family planning, women’s and youth development directly and indirectly affect the human capital development and socio-economic conditions of the poor, and have positive impacts on poverty alleviation. Policies of easy access to financial service in the form of microcredit for the poor are also important for access to resources, self-employment and raising the standard of living. The safety-net programs which include food stamps, subsidised food distribution, and nutrition are important to maintenance of regular income flow, health and nutritional status of the poor during lean period. Alleviation of poverty is the prime objective of each of the development policies.