Economy, asked by Rossily, 9 months ago

Briefly discuss the poverty and inequality situation in India.​

Answers

Answered by chinki004
11
❥Poverty and Inequality in India. ... The poverty estimates are broadly consistent with independent evidence on per capita expenditure, state domestic product and real agricultural wages. They show that poverty decline in the 1990s proceeded more or less in line with earlier trends...............
Answered by Anonymous
9

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  • Inequality is concerned with the full distribution of wellbeing; poverty is focused on the lower end of the distribution only – those who fall below a poverty line

  • Inequality can be viewed as inequality of what, inequality of whom and inequality over what time horizon

  • High population growth rate is one of major reasons of poverty in India.

  • This further leads to 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.
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