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Discuss the major reasons for poverty in India.
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15/01/2021 3:36 pm
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Discuss the major reasons for poverty in India.
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15/01/2021 3:37 pm
There were a number of causes for the widespread poverty in India. One historical reason is the low level of economic development under the British colonial administration. The low rate of growth persisted until the nineteen-eighties. This resulted in fewer job opportunities and a low growth rate of incomes. This was accompanied by a high growth rate of the population. The two combined to make the growth rate of per capita income very low. Another feature of high poverty rates has been the huge income inequalities. One of the major reasons for this is the unequal distribution of land and other resources. Despite many policies, we have not been able to tackle the issue in a meaningful manner.
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