Write four causes of poverty in India. Explain each briefly
Answers
foᥣᥣowing are The Four Main causes of Poverty in India.
- Increase rate of rising population :-
In the last 45 years, the population has increased at a whopping rate of 2.2% per annum. An average of approx. 17 million people are added every year to the population which raises the demand for consumption goods considerably.
2. Less productivity in agriculture:-
In agriculture, the productivity level is very low due to subdivided and fragmented holdings, lack of capital, use of traditional methods of cultivation, illiteracy etc. The very reason for poverty in the country is this factor only.
3. Less utilization of resources :- Underemployment and veiled unemployment of human resources and less utilization of resources have resulted in low production in the agricultural sector. This brought a downfall in their standard of living.
4. A short rate of economic development :- In India, the rate of economic development is very low what is required for a good level. Therefore, there persists a gap between the level of availability and requirements of goods and services. The net result is poverty.
Answer:
(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.
(iii) Capital Deficiency
Capital is needed for setting up industry, transport and other projects. Shortage of capital creates hurdles in development.
(iv) Under-developed economy
The Indian economy is under developed due to low rate of growth. It is the main cause of poverty.
Explanation:
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