Question

Discuss the major reasons for poverty in India.

Answer 1

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

Answer 2

Answer:

There has been a substantial reduction in global poverty. Poverty declined in China and South-East Asian countries as a result of rapid economic growth and huge investments in the development of human resources. In Latin America, the ratio of poverty remained almost the same. In sub-Saharan Africa, poverty saw an upward trend rather than a downward trend. It rose from 41% in 1981 to 46% in 2001. Poverty has surfaced itself in some of the former socialist countries like Russia, where formerly it was non-existent.

Explanation: