Question

note on economic inequality in India

Answer 1

Economic inequality is a hindrance to the process of growth and development in India. Even though there is an economic growth in India, it is not able to reduce the growing inequalities of the Indian society. Our development strategies failed to reduce the extent of regional and sectoral inequalities. Domestic and foreign investments are not directed to backward regions of the country. Already developed states are found to be preferred destination of investment.
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Answer 2

Answer:

• India has some of the richest people in the world.

• There are people in India who own several cars, who spent their vacations in  expensive place, and who can afford to spend several thousands of rupees on a  single meal or a single item of clothing.

• But sadly, India also has some of the poorest people in the world.

• As per the Government of India, the poverty line for urban areas is Rs. 859.6 per  month and for rural areas Rs. 627.8 per month.

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