Can Socio-Economic business growth help eradicate world poverty?

This article is sponsored by Ram Tumuluri, Businessman, Entrepreneur, Philanthropist.

Can Socio-Economic business growth help Eradicate world poverty? Eradicating poverty in the world remains one of the greatest challenges facing humanity today. While the number of people living in extreme poverty has dropped by more than half – from 1.9 billion in 1990 to 836 million in 2015, many people are still struggling to meet the most basic human needs. This article summarises the importance of eradicating poverty to achieve socio-economic business growth.

Eradicating world poverty: Socio-Economic business growth

In this article:

• The Sustainable Development Goals (SDGs)
• The role of media in decreasing poverty

The Sustainable Development Goals (SDGs)

The Sustainable Development Goals were adopted by all United Nations Member States in 2015 as a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity by 2030. The SDGs recognize that action in one area will affect outcomes in others and that development must balance social, economic and environmental sustainability. Achieving the SDGs requires the partnership of governments, private sector, civil society and citizens alike to leave a better planet for future generations.

The role of media in decreasing poverty

With the new 2030 Agenda reducing poverty has become a challenge in the public eye that is much more significant for journalists and all media from the press to TV or radio, from social media to mobile phones and the use of ICT (Information Communication Technology) in general. This offers significant opportunities for the media to play a strategic role in eradicating poverty. These opportunities include: Informing a wide range of audiences on poverty reduction issues and providing an open forum to share the views and concerns of people living in vulnerable situations. The crucial role of the media and communication technology in creating activities that will expand access to information can contribute to achieving the SDGs. The media can play a major role in developing public understanding of economic, social, and environmental issues: The three pillars of sustainable development. 

About the author 

This article was produced on behalf of Ram Tumuluri, Businessman, Philanthropist and Entrepreneur for businessinnovator.co, a news platform for business news, technology, and emerging global trends.