Covid And The New Poor
Before the Covid-19 pandemic, the increment of poverty rate was 1% per year. Now, 4% of the population is becoming poorer every year due to the discrepant impacts of Covid-19. As a result, nearly 25 million new people have been added to the list of the extremely poor during the pandemic time.
To build a happy, prosperous, secured society- development needs to be decentralized and the key motto of this development should be designated as the development for the people, development by the people. Henceforth, it is ultimately imperative to eliminate income inequality and tackle the blazing impacts of the Covid-19 pandemic without merely looking at the growth. Since the money of the state belongs to the people, it is substantial enough to create sufficient employment opportunities and apportion money to all sections in a flattened approach.
Wares Ali Khan
Rangpur City