Poverty in India Essay
2344 Words10 Pages
Poverty has been a serious and a long-lasting issue in India. India is set to become a global economic power in decades to come. The hype of this booming economy causes great socio-economic concerns for this country and is being ignored by the government. This paper will argue the recent rapid increases in population, growth of cities, the burgeoning economy and government corruption in India. These factors all combine to create growing inequities in the provision of the basic needs of society; food, water, shelter, health care and education result in an increased gap between rich and poor in the country. Poverty is a condition in which a person fails to maintain a standard living adequate for a comfortable lifestyle. India has the…show more content…
Inflation plays a major role towards the economy of the nation. These concerns raise problems within the Indian democracy that have always been challenged by market prices. In addition, it poses serious threats to welfare of the population and for those living below the poverty line. The education sector of India has been atrociously affected by inflation rates as they play an important factor for ones’ financial educational plans. There are two expectations among the workforce state of education, the amount of workers in India unable to graduate with college degrees hence creating a decline in the number of workers with specialized and technical skills. Secondly, the ones graduated seek employment outside of the country. (Nesmith, K. 2005) India will overtake China for the most populated country title in a couple of decades. A boost in the nation’s population increases burden on natural resources like land and shelter. More people share wealth and land is becoming scarce, especially for one to either own or construct a property. This leads to poverty and is truly the case with India. Despite all the hype about fast growing economy and a phenomenal GDP, the government and the citizens will suffer from growing poverty. Around 350-400 million people in India remain below the poverty line. It is worth mentioning that poverty line will raise the percentage of poor people to greater numbers.
To fulfill the basics of life in this materialistic world, money is as important as taking breath to live alive. But unfortunately, according to statistics, it is come to know that the group of poorest 40% of the world’s population consists of 5% of global income and on the other sider the richest group 20 consists of three-quarters of world income. UNICEF declared that 22,000 children (of age 5) per day die due to poverty. It is assumed that 1.3+ billion live in extreme poverty and below $1.25 per day. Moreover, 805 million people all over the world do not have enough food to eat in which the most highest country Haiti has 77% poverty rate under the population of 10, 123, 787 with GDP of $7.35bilion (66th lowest) and GDP per Capita of $726 (22nd lowest). The combination of lacking of money, basic necessities including food, water, education, healthcare and shelter defines poverty and it is happened when income securities, economic stability and predictability of absolute indicators lacked of meeting basic life needs.
Causes of Poverty
- Lack of Income and Assets
- Sense of Noiselessness and Powerlessness
- Human Assets
- Social Assets
- Natural Assets
- Financial Assets
- Physical Assets
Under the above causes of poverty, the poor community consistently emphasizes the centrality of work to improving their lives. In this regard the question arises that what framework for action is applied to effectively lessen the poverty in all its scopes. In this scenario National Economic Development is playing a central role to get success in poverty reduction but it is sadly to say that poverty is a resultant of more than economic processes e.g. economic, social, political processes as well as under the fast facts of United Nations Development Program (UNDP) show the necessary actions in term of economic growth which will not produce jobs and cut poverty unless it is broad and equitable, and till than the needs of the poor and marginalized becomes at the center of development priorities, also all gender (men and women) will have equal chance and freedoms in order to accelerates economic progress and bring down poverty more rapidly as well. It is on the record that how China reduced the poverty rate and now is count in the list of high economic market.
- To come over the poverty rate to demolish, not only make efforts on government level but also individual aid is also necessary.
- To win the fight against poverty, the population of specific country should raise the scope of compulsory education as well as technical education so that people having some sort of useful skill, can earn as much as possible.
- The government should provide the basic facilities at least to them who do not have even shelters so that they can just feel free from this need and concentrate on earning in better way.
Hire a professional essay writer at this website: Zessay.com - an essay writing service you can trust.