Effects of Poverty The resounding effect of poverty echoes through various layers of an India citizen’s life.If we try to have a systematic look at them, we should proceed under the three following heads:- 1.Wealthy people with privileged connection are able to acquire more wealth simply by bribing government officials to maximize their profits from such schemes while the poor remain in a state of neglect for not being able to assert such connections. Individual – individual lack of efforts also contribute towards generating poverty.
Effects of Poverty The resounding effect of poverty echoes through various layers of an India citizen’s life.
But outdated farming practices, lack of proper irrigation infrastructure and even lack of formal knowledge of crop handling has affected the productivity in this sector tremendously.
As a consequence there is redundancy and sometimes complete lack of work leading to decreased wages that is insufficient for meeting daily needs of a labourer’s family plunging them into poverty. Unequal distribution of assets – with the economy changing directions rapidly, the earning structure evolves differently in different economic income groups.
Current statistics state that over half the populations in the world, about 3 billion people, are forced to live on less than 2.5 dollars per day. This data is currently being accepted as the poverty threshold of the country.
In India, as per 2014 government reports, monthly per capita consumption expenditure is Rs. As of 2015, 21.9% of the total population lives below the national poverty threshold, as per the data of Asian Development Bank, that’s a whopping 269.7 million individuals not having enough money. Demographic – the main factor that contributes to poverty-ridden state of the country from a demographical point of view is the problem of over population.
Population growth spurt also leads to generation of unemployment and that means diluting out of wages for jobs further lowering income. Economic –there are a host of economic reasons behind persistence of the poverty problems which are outlined hereunder:- a.
Poor Agricultural Infrastructure –Agriculture is the backbone of Indian economy.The World Bank has updated its international poverty line figures to 1.90 USD (Rs.123.5) per day on October 2015 (based on prices of commodities in year 2011-2012), from 1.5 USD(Rs.“Poverty is humiliation, the sense of being dependent on them, and of being forced to accept rudeness, insults, and indifference when we seek help.” —Latvia 1998 In the simplest term, poverty may be defined as a social condition where individuals do not have financial means to meet the most basic standards of life that is acceptable by the society.Individuals experiencing poverty do not have the means to pay for basic needs of daily life like food, clothes and shelter.Effect on Health – one of the most devastating effects that poverty has is on the overall health of the nation.The most prominent health issue stemming from poverty is malnutrition.On the other hand, lack of education and illiteracy prevent individuals from getting better paying jobs and they get stuck at jobs offering minimum wages.Improvement of quality of life gets hindered and the cycle once again comes into action. Outdated Social Customs – Social customs like the caste system cause segregation and marginalization of certain sections of the society. Verghese put forth the problem in a very lucid language, “Caste system acted as a springboard for class exploitation with the result that the counterpart of the poverty of the many is the opulence of the few. Lack of skilled labour – lack of adequate vocational training makes the huge labour force available in India largely unskilled, which is unsuitable for offering maximum economic value.Certain castes are considered untouchables still and are not employed by upper caste, leaving very specific and low paying jobs that they can live off. Lack of education, much less higher education, is also a contributing factor towards this. Gender inequality–the weak status attached with women, deep-rooted social marginalization and long embedded perceptions of domesticity renders about 50% of the country’s population unable to work.As a result the women of the family add to the number of dependents that need to be fed instead of being able to contribute considerably in the family income which might assuage the poverty situation of the family. Corruption – despite considerable efforts from the government in the forms of various schemes to mollify the poverty situation, allegedly only 30-35% actually reaches the beneficiaries due to wide-spread practices of corruption in the country.