5. Discuss the link between economic growth and poverty reduction. 3 points
6. Explain in detail the causes of poverty in India. 5 points
Answers
Answer:
5. Strong economic growth therefore advances human development, which, in turn, promotes economic growth. ... The extent to which growth reduces poverty depends on the degree to which the poor participate in the growth process and share in its proceeds. Thus, both the pace and pattern of growth matter for reducing poverty.
6. The high population growth rate is one of the major reasons of poverty in India. This further leads to a high level of illiteracy, poor health care facilities and lack of access to financial resources. Also, high population growth affects the per capita income and makes per capita income even lower.
ANsWeR :-
The higher growth rates have helped significantly in the reduction of poverty. ... Therefore, it is becoming clear that there is a strong link between economic growth and poverty reduction. Economic growth widens opportunities and provides the resources needed to invest in human development.
1. Lack of Inclusive Economic Growth
2. Sluggish Agricultural Performance and Poverty
3. Non-implementation of Land Reforms
4. Rapid Population Growth
5. Unemployment and Under-employment