Discuss the major reasons for poverty …

There are various reasons for poverty in India which are outlined below -
(1) Prolonged Colonial Administration: The policies of British Colonial government shattered the Indian economy so much that it could not be revived until the 1980s.
(2) Unabated Population Growth: The failures to promote both the required economic growth and population control have been the main cause of poverty today.
(3) Illiteracy: Illiteracy is also an important cause of poverty in our country.
(4) Disparity in the Ownership of Land-holdings: The unequal distribution of land, lack of land resources and failure in the proper implementation of land reform policies have been the major causes of poverty in rural areas.
(5) Unemployment: Lack of job security and unemployment are other causes.
(6) Widening Inequalities of Income: This is a feature of high poverty. Money has been concentrating in fewer hands, thus rendering a majority of people poor.