Economy, asked by kalyaniattarde04, 4 months ago

Discuss the major reasons for poverty in India​

Answers

Answered by Samayra09
1

The major reasons for poverty in lndia are-

(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

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Answered by Anonymous
3

Answer:

Poverty is one of the biggest social cause in India. Poverty has become the root cause for all the other issues and this becomes a hindrance for the development of the country.

Causes of Poverty

  • The low level of economic development under British colonial rule. The policies of the colonial government ruined and devasted all traditional handicrafts and discouraged the development of industries like textiles.
  • Unequal distribution of land and resources is another vital cause for poverty in India.
  • To fulfil the demands of social obligations and religious ceremonies the poor community end up spending a lot which leads to poverty.
  • Inequality in earning the income of the people is also a wide cause for poverty.
  • The rapid rate of increase in population is also a factor of poverty.
  • Due to urbanisation, there has been a continuous decline in the productivity of agriculture.
  • Migration of qualified and educated citizens to other countries has reduced the economy of our country
  • Shortage of Entrepreneurship
  • The rise and hike in prices of daily essentials and needs
  • Education is the key factor. People are not getting quality education due to high fees and those getting educated are moving to other countries in search of jobs.

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