The fifth round of 'Pakistan-India Legislators and Public Officials Dialogue' was held yesterday and facilitated by Pakistan Institute of Legislative Development and Transparency (PILDAT).
"Participants highlighted that acceleration in economic growth on a sustained basis is an important policy objective for poverty reduction. For this policy and reform, the two countries must introduce reforms in institutions of governance," a statement released following the dialogue said.
"While the dialogue saw overall consensus on both global and South Asian success with some reduction in poverty numbers despite complexity of measuring poverty and disagreements on successful strategies, participants believed that continuing arms expenditure by both countries will be to the detriment of the welfare of the people," said the statement.
Those who attended the event included Kirti Azad, BJP MP from Darbhanga, Adarsh Shastri, AAP MLA, Delhi Assembly, Ajay Dutt, AAP MLA from Delhi, and Mahendra Jeet Singh Malviya, MLA, Rajasthan Assembly from the Congress party. Some prominent journalists from India also attended the event.
While Pakistani participants showcased economic growth and role of remittances, they also cited some success emanating from targeted-subsidy programmes in reducing poverty.
"Dialogue also recognised with concern the growing gap in rich and poor segments of society both in Pakistan and India. Comprehensive poverty alleviation strategies must also focus on reducing inequality within society in both countries. Participants highlighted exclusion of the poor in planning as well as in prioritising development schemes.
The two sides agreed that microfinance and availability of easy and cheap credit can go a long way in providing capital to poor and deprived sections of society for small business enterprises.
Highlighting food security as a critical looming challenge for Pakistan and India, dialogue participants emphasised that both countries must focus on revamping agricultural growth policies that are farmer-friendly and incentivise them as key stakeholders.
Tensions have been running high between India and Pakistan at the LoC and got escalated after the cross border terror attack on an army base in Kashmir's Uri town in September.
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