The alleviation of poverty and restructuring of society for ensuring sustainable livelihood
are very important issues in Bangladesh now. Although the rate of poverty has been
declining, it is declining at a very slow rate. The specific threat from poverty is quite
noticeable among the certain groups and in certain areas. Therefore intensive research
initiative is warranted to come out with some solid programs to improve this situation.
This paper attempted to review related literatures to gauge the level of poverty, finding
out failure of many initiatives taken so far and finally propose effective measures that can
be initiated to overcome this phenomenon.