Causes Of Poverty In India
India is the third largest economy in the world. It is also the fastest growing economy in the world with a population of more than 1.3 billion. One third of this population lives under poverty. The multi-dimensional nature of poverty requires a comprehensive set of well-coordinated measures. Economic growth, promotion of human development and targeted programs of poverty alleviation are the three important measure that Government of India use to address poverty. Economic growth is not sufficient condition but it is the most important factor that influences poverty.
Any Country’s size of employment greatly depends on the level of development. In recent time times India has observed jobless growth. The other part of the problem is high unemployment rate. India’s 2/3rd of population lives in countryside. Rural unemployment is one of the most visible faces of poverty and social unrest. Lack of access to productive assets, financial resources and inadequate support for microeconomic development is the major cause of rural poverty along with high level of illiteracy and poor health. The Indian economy is divided into organized and unorganized sector. Out of total workforce 90 percent work in the unorganized or the informal sector. In rural sector, most of the employment is in agriculture and allied activities.
Employment Provision has been used as a measure tool for protecting the poor. Kautilya, the ancient Indian political economist has directed the King to protect his
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