Population and Poverty in Bangladesh : Policies for Eradication of Poverty

Over the years the level of poverty has gone down. Bangladesh is still striving to achieve middle income country status by the year 2021. In 2010, the level of poverty was 17.6% at national level which meant that 26 million people were living under extreme poverty. For estimating poverty we will use Cost of Basic Needs(CBN) Method. There are two types of measurement: One is food poverty line. Here a basket of food (eleven food items ) is considered. According to nutrition of 2122 k.cal per person perday, the quantities in the basket are measured. These households whose total expenditure are equal to food are considered to be the extreme the poor households. The upper poverty line : those household whose food expenditure is at level of food poverty line are considered to moderate poor households. Head Count Rate gives the estimate of the percentage of people living under poverty line.If we use CBN method, it is a process of counting the poor on consumption threshold. The national Gini Index of per capita income is as follows : 0.451 in 2000, 0.467 in 2005 and 0.458 in 2010. Since 1990, Bangladesh has been successful in achieving substantial reduction of poverty National poverty head count in 1991-92 to 2010 declined form 56.6% to 31.5%. Whereas extreme poverty rate declined form 41% to 17.6% over the same period.