Why poverty still remains a challenge for the Indian government? ( 5 Marks )
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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.
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- Though poverty has declined in India, but despite the progress, poverty reduction remains India's most compelling challenge.
- Wide disparities in poverty are visible between rural and urban areas and among different states.
- Certain Social and Economic groups are more vulnerable to poverty.
- Poverty reduction is expected to make better progress in the next ten to fifteen years.
- This would be possible mainly due to higher economic growth, increasing stress on universal free elementary education, declining population growth, increasing empowerment of the women and the economically weaker sections of the society.
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