what are the economic causes of poverty in india
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3
Answer:
High population growth rate is one of major reasons of poverty in India.
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26
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(i) Heavy pressure of population:
Population has been rising in India at a rapid speed. This rise is mainly due to fall in death rate and more birth rate.
(ii) Unemployment and under employment:
Due to continuous rise in population, there is chronic unemployment and under employment in India. There is educated unemployment and disguised unemployment. Poverty is just the reflection of unemployment.
(iii) Capital Deficiency:
Capital is needed for setting up industry, transport and other projects. Shortage of capital creates hurdles in development.
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