Incentivise Agriculture To Achieve Prosperity
risingnepaldaily.com · Fri Jun 07 03:36:36 UTC 2024

In February 2021, China declared its decisive victory in eradicating extreme poverty despite unintended hindrances imposed by the COVID-19 pandemic. It lifted over 800 million people out of poverty in the last four decades, an achievement that is unprecedented in human history. This contributed to around three-quarters of the global reduction in the number of impoverished people. This miraculous success has inspired other poor and developing nations. The Chinese government adopted multifaceted strategies that included targeted policies, investment in infrastructure, full utilisation of human capital, export orientation, and the promotion of employment opportunities in rural and underdeveloped regions.
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