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