Safety-net

Social safety-net programs are indispensable for the growing numbers of poor and vulnerable lives
and livelihood is the evidence of an increase in investment in such programs. Safety-net programs
transfer cash and in-kind services to those poor and vulnerable families with the purpose of
protecting them from the impact of economic shocks, natural disasters, and other crises. Most low-
income countries still lack social safety-net coverage. Yet one in five of the world's population is still
poor. The poor countries low benefited from the safety-net programs in concerned of income and
consumption, at only 13 per cent investment. Globally, developing and transition countries spend an
average of 1.5 per cent of GDP on safety-net programs. Actually social safety-net programs help
nations invest in human capital. It serves as a source of income for the poor. Investing in such
programs is a way of improving the standard of living of poor people. Some 2.5 billion poor people
are covered by such programs.

Social security networking is indispensable for the development of poor countries. It is the
responsibility of the government to protect people from economic backwardness, social harassment
and different types of pandemics, natural disasters, and other economic and non-economic crises.

Economic crises come through supply shocks, currency devaluation, technological changes,
inflation, demand shocks, monetary policy and fiscal policy. A non-economic crisis comes due to
political instability, natural disaster, pandemic and war. All types of crises highly shock vulnerable
groups of people in a society. The old aged people, female groups, handicapped persons,
marginalized communities and other poor people become highly impacted by such an unhealthy
environment. In this situation, poor countries should be provisioned to provide social security
network programs broadly. For example, if a farmer has Milky Cow in his family. A safety net
programme could protect the farmers’ families not by selling cows in the time of illness. The
programme would provide money allowances to such families if he/she is identified as poor citizens
by the government side.

In Nepal

Old age allowance for elder citizens aged 70 years recently 68 years

Single widow allowance after age 60

Allowance to Dalit after age 60

Allowance for endangered citizens (Adibasi/Janajati)

Dalit and Karnali rigion scholarship

Economic support to the economically poor citizens

Economic support to the mentally and physically handicapped citizens

Economic support to the wounded citizens by people movement, Maoist insurgency and Madhes
picketing in Nepal

Pension for civil service holders and private service holder

Life insurance and non-life insurance

The programme has been designed to uplift people or protection of people from being destroyed by
poverty.