what are the various cause of poverty in india? explain in brief.
Answers
Answer:
Household expenditure is considered for calculating the poverty count in India. In this method, the purchasing power of people for buying food and some essential non-food items is taken into account.
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Answer:
Main Causes of Poverty in India
(i) Heavy pressure of population:
(ii) Unemployment and under employment:
(iii) Capital Deficiency:
(iv) Under-developed economy:
(v) Increase in Price:
(vi) Net National Income:
(vii) Rural Economy:
(viii) Lack of Skilled Labour
Explanation:
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.
India’s population was 84.63 crores in 1991 and became 102.87 crores in 2001. This pressure of population proves hindrance in the way of economic development.
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