Millennium Development Goals (MDG) were designed for providing an equal future for all citizens of the world and removing all the hurdles that come in sustainable developments, and provide a conducive environment for growth and opportunities for all across the world. The reason for designing and implementing the MDG across the world is to eradicate the factors pulling sustainable growth down and to provide a fresh outlook towards the future.
The subject is important to be researched because income inequality and poverty are somewhere liked together to development, and their occurrence creates a huge problem for the other class. When poverty increases, it also increases the government responsibility of welfare schemes and allocating resources to all citizens in an equitable manner. The distribution of justice, income, accessibility, and other privileges has a major gap between those who are above poverty line and those who are below poverty line.
Income inequality breeds from discriminative policies giving rise to a gap in opportunities and earning ability. According to a report, the average proportion of people living on less than $1 dollar a day decreased from 32% in 1990 to about 25% in 1999.
The below chart about China shows that the income poverty line has decreased for China and it has achieved a remarkable feat of reducing poverty, but several other data which are location specific and after considering the lowering of living standards show that the actual number of poor residents has increased during the same period during which the claim is for a reduction in poverty. This indicates the lack of completeness of the dependency on the MDG and its validity of achievement.
Additionally, the policies which safeguard the rich and marginalise the poor make one earn less and this increase poverty. For example, many policies for religious discrimination, preferential treatment for selfish motive by corrupt officers, and inequitable distribution of opportunity make the poor have less access to opportunities restricting their economic growth. Thus, income inequality and poverty are related and the roots lie in poor policies which regards capital as the prime element and everything else around it, leading to poor policies and injustice to the disadvantaged.