Discuss the major reasons for poverty in India.
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Reasons.:
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
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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:
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