Discuss the major reasons for poverty in India. (Any five)
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MAJOR REASONS FOR POVERTY IN INDIA
- 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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