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Poverty in India - Economics, UPSC IAS Exam Preparation Video Lecture | Indian Economy (Prelims) by Shahid Ali
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FAQs on Poverty in India - Economics, UPSC IAS Exam Preparation Video Lecture - Indian Economy (Prelims) by Shahid Ali
| 1. What is the current economic situation of poverty in India? |  |
Ans. Poverty in India is a significant issue that has deep-rooted economic implications. Despite recent progress in reducing poverty, a large population still lives below the poverty line. According to recent data, around 21% of India's population lives below the poverty line, struggling to meet their basic needs.
| 2. What factors contribute to poverty in India? | |
Ans. Poverty in India can be attributed to various factors. Some of the major factors include unequal distribution of wealth, lack of access to education and healthcare, unemployment, low agricultural productivity, and inadequate social welfare measures. These factors create a vicious cycle of poverty, making it difficult for individuals to escape their impoverished conditions.
| 3. How does poverty impact the Indian economy? | |
Ans. Poverty has profound economic consequences for India. It hinders economic growth by limiting human capital development, reducing productivity, and constraining domestic demand. The lack of purchasing power among the poor also affects market opportunities for businesses and slows down overall economic development.
| 4. What measures has the Indian government taken to address poverty? | |
Ans. The Indian government has implemented several poverty alleviation programs to tackle this issue. Some notable initiatives include the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), Pradhan Mantri Awas Yojana (PMAY), National Rural Livelihood Mission (NRLM), and the National Food Security Act (NFSA). These programs aim to provide employment opportunities, affordable housing, skill development, and food security to the poor.
| 5. What are the challenges faced in reducing poverty in India? | |
Ans. Reducing poverty in India is a complex challenge due to several factors. Some of the key challenges include population growth, regional disparities, inadequate infrastructure, corruption, limited access to quality education and healthcare, and the lack of sustainable livelihood opportunities. Addressing these challenges requires a multi-faceted approach, involving both government interventions and private sector participation.
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Dec 22, 2024 Last updated |
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