Question

despite economic growth, massive poverty continues to exist in the country.How would you explain this phenomenon?​

Answer 1

Answer:

How quickly growth reduces poverty depends both on the initial income distribution and how it evolves over time. ... A recent study on India found that growth has a greater impact on poverty when it is concentrated in rural areas and the initial education and infrastructure conditions are more favourable

Answer 2

Answer:

HOW QUICKLY GROWTH AND USES POVERTY DEPENDS BOTH ON THE INITIAL INCOME DISTRIBUTION AND HOW IT EVOLVED OVER TIME A RECENT STUDY ON INDIA FOUND THAT GROWTH HAS GREATER IMPACT ON POVERTY WHEN IT IS CONCENTRATED IN RURAL AREAS AND THE INITIAL EDUCATION AND INFRASTRUCTURE CONDITIONS OR MORE FAVOURABLE......