Indo-Pak lawmakers meet in Dubai to discuss poverty reduction

Image
Press Trust of India Dubai
Last Updated : Jan 25 2017 | 2:57 PM IST
India and Pakistan must reform their institutions of governance to accelerate economic growth on a sustained basis for poverty reduction, lawmakers and experts from both the countries attending a meeting here said notwithstanding the chill in bilateral ties.
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.
According to the statement, participants from India highlighted a number of social safety net programmes that have helped alleviate poverty in India adding that success also needs to be based on equitable and sustained growth and the inclusion of stakeholders other than government.
"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.
Dr Arif Alvi, MNA from Sindh (Pakistan Tahreek-e-Insaf), Muhammed Tallal Chaudry, Punjab MNA Pakistan Muslim League Nawas (PML-N) and Syed Naveed Qamar, Hyderabad MNA representing Pakistan Peoples Party represented the Pakistan side.
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.
"There needs to be an increased focus on expenditures by governments in housing, public health, public education and in other social sectors," said the statement.
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.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 25 2017 | 2:57 PM IST

Next Story