discuss any 3 major reasons for poverty in india.
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Answers
The major reasons for poverty in India are following:
(1). Low level of economic development under the British colonial administration. The policies of the British colonial administration ruined traditional handicrafts which discouraged the development of industries like of textiles and hence, resulted in lack for job opportunities in textile industries.
(2). Green revolution created many job opportunities in the agricultural sector, however, it's effects were confined to limited parts of India only.
(3). From the industrial point of view, India is very backward. Hardly, 3% of the working population is engaged in large scale industry.
(4). There has been huge inequality in distribution of income in the country. This is mainly because of the unequal distribution of land and other resources also led to increase in the rate of poverty in rural areas particularly because the land reforms were not implemented properly.
(5). Some other causes of poverty are excessive dependency on agriculture, social factors such as illiteracy, large size of family, law of inheritance and caste system.
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Main causes of poverty in india are:
a) Unemployment
b) Heavy pressure of population
c) Under developed economy
d) Capital Deficiency