About Poverty In India

Hello brother provide me some details on poverty in India and what are the main causes of Poverty in India?

Poverty in India is widespread, and a variety of methods have been proposed to measure it. India suffers from a lot of poverty, which means that many people there do not have enough money. Despite all the causes, India currently adds more millions people to its middle class every year than any other country same as China.

10 main causes of Poverty in India
Rapidly Rising Population
The population during the last 45 years has increased at the rate of 2.2% per annum.

Low Productivity in Agriculture
The level of productivity in agriculture is low due to subdivided and fragmented holdings, lack of capital, use of traditional methods of cultivation, illiteracy etc.

Under Utilized Resources
The existence of under employment and disguised unemployment of human resources and under utilization of resources has resulted in low production in agricultural sector.

Low Rate of Economic Development
The rate of economic development in India has been below the required level. Therefore, there persists a gap between level of availability and requirements of goods and services

Price Rise
The continuous and steep price rise has added to the miseries of poor. It has benefited a few people in the society and the persons in lower income group find it difficult to get their minimum needs.

Unemployment
The job seeker is increasing in number at a higher rate than the expansion in employment opportunities.

Shortage of Capital and Able Entrepreneurship:
Capital and able entrepreneurship have important role in accelerating the growth. But these are in short supply making it difficult to increase production significantly.

Social Factors
Laws of inheritance, caste system, traditions and customs are putting hindrances in the way of faster development and have aggravate" the problem of poverty.

Political Factors
In independent India, the development plans have been guided by political interests. Hence, the planning a failure to tackle the problems of poverty and unemployment

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Answered By StudyChaCha Member