The present study aims at supplying the informative background of the current programmes and action plans taken by the Govt. of India towards minimization of poverty for achieving Universal Elementary Education a success. Indian constitutional commitment to provide free and compulsory education to all children up to the age of 14 years has lagged behind. The social inequalities of class, caste and gender have been identified as the major causes of educational deprivation among the children in rural India. In addition, poverty also acts as a constraint on the access of schooling of children in rural India. Economic uncertainty as well as children's high opportunity cost compels them to perform economic activities to supplement family income. Against this backdrop, the paper also interrogates the gaps that how far the actions and programmes taken by the Govt. of India have been implemented to achieve the goal in order to promote context, time and area specific policies so that much more children are entrained within the policy framework.