Causes of Poverty
There are many reasons for the increasing poverty in India. The low rate of growth continued from British imperialism till the nineteen-eighties. This resulted in fewer job opportunities and a lower rate of influx of resumes. It was accompanied by a high growth rate of population. Both are associated with greatly reducing the rate of growth of per capita income. Failure on both the profitable growth and population regulatory fronts perpetuated the cycle of poverty.
With the Green Revolution, employment opportunities were created in the agriculture sector; however, the goods were limited in some areas of India. Industriousness assigned some positions, both in the public and private sectors, but these were not enough to absorb all the job applicants. Unable to find respectable jobs in the metropolis, many people were working as taxi clerks, traders, construction workers, domestic maintainers, etc. They began to live in slums on the outskirts of the metropolis and the problem of poverty, originally a pastoral phenomenon, also increased in the metropolitan area.
Another feature of high poverty grades has been the huge income inequalities. An important accounting for this is the unstable distribution of land and other treasures. Despite many programs, we have not been able to dive into the effect expressively and major policy initiatives such as land reforms; aimed at redistributing resources in pasture areas have not been duly and effectively implemented by the State Governments.
Several disparate socio-cultural and economic factors are also responsible for poverty. People in India, including the poor, spend a lot of income to fulfill social scores and observe religious rituals. Small growers require money to purchase agricultural inputs such as seeds, poisons, etc. Since poor people hardly have any savings, they loan them from money lenders. Unable to repay, due to poverty, they become casualties of liability. Therefore, high debt status is both a cause and a consequence of poverty.
What are the Main Causes of Poverty?
Poverty refers to the situation of not having enough money to meet the needs of food, clothing, and housing. Every fourth person in India is poor, which means about 260 million people in India live in poverty. This means that it is the biggest focus of the poor in the world and shows the gravity of the challenge.
Poverty should be viewed as the poor living solely in a poor environment with isolated poor people, excluded from enjoying the social equality of the better-off in better surroundings. Social exclusion can be both a cause and a consequence of poverty in the traditional sense.
Deficiency against poverty is a measure that describes the better likelihood of certain communities (members of backward wealth) or individuals (similar to a widow or physically challenged person) being poor or living in future generations.
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