Discuss the majos
reason for Povesty in india?
Answers
(i) The low level of economic development under the British colonial administration. The policies of the colonial government ruined traditional handicrafts and discouraged the development of industries like textiles. The low rate of growth persisted until the NINETEEN EIGHTS
(ii) Lack of job opportunities: Lack of job opportunities compelled many people to work as rickshaw pullers, vendors, construction workers, domestic servants, etc. With irregular small incomes, these people could not afford expensive housing. They started living in slums on the outskirts of the cities.
(iii) Huge income inequalities: One of the major reasons for this is the unequal distribution of land and other resources. Major policy initiatives like land reforms that aimed at the redistribution of assets in rural areas have not been implemented properly by most of the state governments.
(iv) Lack of land resources has been one of the major causes of poverty in India.
(v) A high level of indebtedness among small farmers is also a major cause of poverty in our country. Since poor farmers hardly have any savings, they borrow. Unable to repay because of poverty, they become victims of indebtedness.
Answer:
- One historical reason is the low level of
economic development under the British
colonial administration.
- less job opportunities and low growth rate of incomes.
- high growth rate of population.
- unequal distribution of land and other resources.
- huge income inequalities.
- lack of land resources.
- socio-cultural and economic factors also are responsible for poverty.
- people in India, including the very poor, spend a lot of money.
- Small farmers need money to buy agricultural inputs like seeds, fertilizer, pesticides etc. Since poor people hardly have any savings, they borrow. Unable to repay because of poverty, they become victims of indebtedness.