MemberJuly 23, 2021 at 7:00 pm::
If a family’s total income is less than the family’s threshold, then that family and every individual in it is considered in poverty. India is known to be a poor country despite having a rich and elite culture. The population of this country is increasing day by day but the rate of poverty is increasing as well. Poor is getting poorer and the rich are becoming richer. There are many reasons for the increasing level of poverty. These are-
Increasing population is the reason for increasing population. Approximately 17 million people are added every year to the population which affects the economy and Constitution.
Less utilize resources:-
The are a huge difference of goods that the people are consume. The resources are results in low production in agricultural sector. This brought a huge downfall of the standard of living.
The prices of goods are increasing day by day. Not everyone can buy everything. So in their lifestyle a huge effect is made. It is difficult to buy the essential products for living which causes poverty.
One of the main cause of poverty is unemployment. The number of job seeker is increasing than the employment. It is the main reason of poverty. Being having well education it so difficult to have a proper job.
Lack of economic development:-
Lack of economic development is the main cause of poverty. There is a huge gap between level availability and requirements of goods. Which is causing poverty.
Corruption is the main reason of poverty in India. Their so many corruption in every field. So rich people are become richer and poor people are become poorer.