India has lots of Economic and Industrial developments after Independence. The Middle Class of India is bubbling with High purchasing power on account of those developments. Therefore world Trade has also eyes on the vast Indian Market . However still about 21.9 % population of India is in below Poverty line.
India is having 1.30 Billion population with very high population growth rate of 1.3%. The high growth of population also comes in the way of growth. The poor people are earning only about $2/= per day in India.
The 49% of population is involved in the Agriculture Sector wherein the Income from the Crops are unpredictable. It is a Underemployed Sector because Crops are Seasonal. Hence the Farm Workers mostly having work Nine Months of the Year. Therefore the general conditions of Farmers are not Satisfactory.
The 90% of the Laborer force in India works in Unorganized Sector wherein they do not have PF, Pension and Health Care. They do not have fixed income. This sector includes Plumbers. Electricians, Street Vendor, Vegetable Vendors, Construction and Farm Workers etc. Some ways and means are to be found out in order to bring up people from this Sector.
There is lot of corruption in Indian system. The corruption is spreaded Everywhere from Rural Panchayat, Local Bodies, Municipalities to States and Central Governments. The income of the people cannot be increased until corruption is removed from the System. The Education Reforms and Development of Professional Skill can help to eradicate the corruption from the System.
These are the Main reasons why Considerable Section of people in India is still rotting in poverty.
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