Poverty+in+india

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Poverty In India Alex Lally and Ally Hannigan

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Let us think, it is not practically possible to work twenty four hours in a day with utmost sincerity, good character, faithfulness in all the days of the year by one person and even if a person works like this, then also, he will not become the richest person of the world, its means that, there is no relation between the hours of work, character of the person, sincerity in work and so on with richness. So this world is running with the race of intelligence in both legal and illegal way and the most intelligent person for making money will become the rich soon and the people even with intelligence without the intelligence for making the money will remain as poor even with work and working for any number of hours. People working for money to lead the life but not getting the sufficient money to lead the life with this increase in the rate of all the essential materials will make this earth vulnerable for injury like poor people travelling with poor vehicles with increased emission will add to the burden on pollution, overcrowded slums will acts like the reservoir for all the communicable diseases and sudden breakups of diseases can occur at any time and it can involve any person. So it is very much essential to eradicate the poverty to save our planet for our living. I think the seriousness behind it will be understood by our leaders and will work for the same to save our earth for our living. In this chapter some of the facts and figures related to people living with hungry in different parts of the world, per capita income, wealth distribution, and so on are mentioned.

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India’s wealth and poverty levels This study will focus on the economic standards of India and the factors that have lead India to have a wealth and poor population at the same time. India over the last couple of year, it has experienced an increased per capita income due to its increased work force. Also, India has been known as one of the countries with a large population languishing over poverty. India has been experiencing an increase in its economic growth rate over the last four years. In the fiscal year 2014 - 2015 the country had a 7.4% economic increase compared to a 6.9% increase in the fiscal year 2013 - 2014. The country is projecting an economic increase in the fiscal year 2015- 2016 of 7.5%. India was listed the 19th largest merchandise in the year 2013 and with a large export of services which saw India in the 6th position worldwide. The country is not only in the top service export list but also in the import list it was ranked 7th importing merchandise of worthy of $616.7 billion in a total. In fact, this increase in India’s economic growth has been due to an increased output and high performance of two industries that are the agriculture industry and manufacturing industries. These industries the largest India’s economic growth shareholders and their performance influence the country’s economic growth rate in every fiscal year (Maddison, 2013). Moreover, India has been among the best known manufacturing industry in the world. This has in turn led the government to allow investors in the country to invest in the sector. The fast growing and large population has provided force labor to the upcoming industries (Maddison, 2013). A large percentage of India’s population is comprised of poor citizens who in turn provide cheap labor to the industries, hence low input which gives the companies large marginal profits. In addition, the large Indian population has also been a target for the manufacturing industries whose final products are consumed locally in the country before they are exported to other countries. India’s large population has been in the service that also has contributed to the county’s economic growth (Maddison, 2013). The service sector offers services like the tourism, heath care; telecommunication and trade travel services between other many services. These statistics shows that India has been experiencing an increase in its economy. Furthermore, India is one of the countries that are known to poses both a rich group of individuals and at the same time a large population in poverty. The number of poor in India is reducing significantly over the past four years. Though there are different methods to measure poverty a conclusion has been achieved that India has a large population living under the poverty line. India’s population has been increasing yearly at a rate of 1.8 million people (Krishna, 2006). This has led to their population reaching 1.28 billion people. According to a research curried out by the wo.

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Poverty+in+india

1. Poverty In India Alex Lally and Ally Hannigan

Poverty+in+india

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