Why poverty still remains a challenge for Indian government
Answers
1. Since older times Britishers have looted India's wealth and resources.
2. Poor quality of government schools and collages.
3. Corruption
4. Black money
5. Unemployment
6. Rising population
7. Illiteracy
Indian Government still faces the challenge of poverty due to the following factors:
1. Rapid Growth Of Population:
Population growth at a faster rate increases labor supply which tends to lower the wage rate.
2. Unequal Distribution Of Land and Other Assets:
Unequal distribution of and and other assets indicates a high degree of poverty in India.
3. Decline of village Industries:
Village industries fail to compete with the rural industries in terms of quality and price. As a result, they close down leading unemployment.
4. Lack Of Employment Opportunities:
Unemployment is the reflection of poverty.
5. Social Customs:
The rural-ties spend a large amount of annual incomes on social ceremonies like marriage, death feasts etc. As a result, they remain in debt and poverty.