Name: Lifting India Out of Poverty: The Five-Year Plans
Uploaded: 2019-07-19
Duration: 4 min 37 s
Description: As a newly independent nation, India and its people wanted to lift the poor out of poverty and develop the country’s economy. Let’s see how.

Question

What are reasons for the originate of poverty in India?

Accepted Answer

The main reasons for the emergence of poverty in India are as follows:

Decrease in income from the agriculture sector due to lack of development in the field of agriculture and irrigation facilities.

Production of cash crops was encouraged while production of edible crops was reduced. This triggered the scarcity of food grains and pulses and price rise because of which people could not get meals twice a day.

Because of the execution of economic reforms, the rural economy collapsed, cottage and small-scale industries broke down, migration increased, income in the agriculture sector decreased.

Poor people are becoming victims of malnutrition and diseases. Expenditure on health increased; although income was static expenditure on medicines increased.

Due to changes in technology, traditional business, cottage industries, etc. deteriorated and unemployment had increased.

There was an increase in population growth, the death rate decreased, average life-span increased, supply of labour increased in comparison to demand of labour, so unemployment increased. On the other side, the production of things of basic requirement decreased, there was a price rise there was. Downfall in purchase power was experienced, living standards deteriorated. Thus, poverty increased.

What are reasons for the originate of poverty in India?

Important Questions on Economic Problems and Challenges : Poverty and Unemployment

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