Economy, asked by ashokkumar149235, 1 year ago

Discuss the major reasons for poverty in India?​

Answers

Answered by mddanishalam191416
7

Answer:

Main Causes of Poverty in India

(i) Heavy pressure of population:

(ii) Unemployment and under employment:

(iii) Capital Deficiency:

(iv) Under-developed economy:

(v) Increase in Price:

(vi) Net National Income:

(vii) Rural Economy:

(viii) Lack of Skilled Labour:

Answered by Loveleen68
2

Answer:

The major reasons for poverty in the country are:

  1. The low level of economic development under British colonial rule. The policies of the colonial government ruined traditional handicrafts and discouraged the development of industries like textiles.
  2. The spread of the Green Revolution created many job opportunities for the people of the country, yet they were not sufficient in comparison to the number of job seekers.
  3. Unequal distribution of land and resources is another important factor for poverty in India.
  4. In order to fulfil social obligations and religious ceremonies the poor end up spending a lot which results in poverty.
  5. Inequality in the income of the people is also a major reason for poverty.
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