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Ref No: 57118

The problem current scenario

Poverty and inequality are connected problems that support each other. Wide gaps in income, education disparities, health care accessibility and gender inequality contribute to poverty due to economic immobility restrictions of resources availability education opportunities generally restricted within a very small circles. Access to quality education is a core factor in breaking the cycle of poverty but unequal access makes it harder and hardly possible for you engage yourself with well-paying Jobs hence continuing your poor living across generations (Badullahewage 2020).

Poor health also ensures access to healthcare as poor people end up having reduced productivity and increased cost of treatment which further makes them impoverishes. There are gender disparities that also lead to poverty as women and girls face discrimination when it comes to education leading them not having a chance at employment which may deny the resources they have. Regions with high poverty rates become centers of relative impoverishment that are typically found in areas where infrastructure is limited, job opportunities and basic services availability statuses tend to be low.

To address poverty and inequality societies can adopt certain policies and initiatives directed at closing the divide on incomes, providing affordable education and healthcare access, empowering disadvantaged groups of people as well as ensuring equal platforms for all. (Badullahewage 2020). It constitutes 50% of the national gross domestic product (GDP), whilst the other provinces individually contribute 10% or less.

The recent decrease in poverty may be attributed only to the increase in income, despite the fact that income disparity has worsened in all three sectors. The increase in inequality was caused by disparities in access to infrastructure and education, as well as variations in occupational roles. Demographic characteristics, such as the gender distribution of household work and ethnicity, had a minimal impact on overall inequality (Badullahewage 2020).

Sri Lanka failed to attain the necessary structural transformation that may have resulted in increased job prospects for the impoverished population in the nonfarm industry. Since 1985, there has been minimal change in the proportion of manufacturing in the overall Gross Domestic Product (GDP) (Badullahewage 2020). The scarcity of work opportunities in the formal sector, combined with elevated earnings resulting from collective bargaining and sometimes legal mandates, results in the allocation of formal jobs based on social class and personal connections, which are lacking for the bulk of impoverished individuals. This issue is…