Do you think poverty is a reason for the hindrance of India’s development? Justify your answer.
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Yes, Poverty is a reason for the hindrance of India’s development.
Poverty affects India's economy in ways such as weakening the economy, which occurs when people spend less money, and harming the education of children in poverty, which further hurts the economy by making it difficult for those children to eventually find good jobs. The high population growth rate is one of the major reasons of poverty in India. This further leads to a high level of illiteracy, poor health care facilities and lack of access to financial resources. Also, high population growth affects the per capita income and makes per capita income even lower.
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