Major reasons of poverty in india
Answers
Explanation:
1.Rapidly Rising Population
2.Low Productivity in Agriculture
3.Under Utilized Resources
4.Low Rate of Economic Development
5.Price Rise
6.Unemployment
7.Shortage of Capital and Able Entrepreneurship
8.Social Factors
Answer:
1.Lack of industrialisation: India is very backward from the industrial point of view. Hardly 3 per cent of the total working population is engaged in the large- scale industry.
2.Over dependence on agri-culture: Even after more than 60 years of independence more than 60 per cent of our total population still depends on agriculture for its livelihood. Due to shortage of inputs, our agriculture is backward.
3.Inflationary pressure: Upward trend in prices adversely affects the poor sections of the society.
4.Unemployment: Due to lack of job opportunities, more than 90 lakhs of our total working force is unemployed.