Following years of slow growth and insularity, in the early s India undertook structural reforms that attracted foreign investment, unlocked entrepreneurial flair and lifted millions into a burgeoning middle class. Yet while the economy has been transformed, many social problems linger on. The new government of Prime Minister Narendra Modi has a clear mandate for change. Its unprecedented popular support is driven by one common objective:
How to Write a Summary of an Article? The poverty in India is an absolute poverty. The poverty in India involves poverty in every aspect of life.
We all knew India is a very poor country although not so many of us knew how extreme the poverty level was in India. Now it is very clear how extreme poverty is in India.
Now it is very clear how poor some Indians are. Now it is very clear how people continue to die from absolute poverty and hunger in India despite numerous efforts to help fight poverty in the world.
A new multidimensional poverty Index shows that India is far poorer than Africa in both intensity and in number.
The Multidimensional Poverty Index developed by Oxford University which will appear in the upcoming UNDP human development report shows that India is far poorer than Africa not just in number but also in intensity.
The new poverty measure shows that 8 states out of the 29 states in India have more poor people than 26 poorest African countries combined. The Multidimensional poverty index views poverty from several different angles instead of just GDP figures.
India like any other developing country is crippled by so many problems. India is very poor in terms of education, in terms of economic improvement, infrastructure, heath care, etc.
Here are some of the problems facing India today. Fueled by rising wages, property prices and food prices inflation in India is an increasing problem.
The wholesale-price index WPIrose to an annual 6. It is worse in rural areas and amongst women. Indian public services are creaking under the strain of bureaucracy and inefficiency.
This deterioration is a result of the overheating of the economy. Aggregate Supply cannot meet Aggregate demand so consumers are sucking in imports. However there are concerns about the risk of such loans.
If they are dependent on rising property prices it could be problematic. Furthermore if inflation increases further it may force the RBI to increase interest rates.
If interest rates rise substantially it will leave those indebted facing rising interest payments and potentially reducing consumer spending in the future 6.
However so far economic growth has been highly uneven benefiting the skilled and wealthy disproportionately. More than 78 million homes do not have electricity.
Furthermore with the spread of television in Indian villages the poor are increasingly aware of the disparity between rich and poor.
Essay on Problems of Modern India S Nataraj Advertisements: India is a fastest developing country in the world. India, with its diversified culture, civilization, natural resources, technology and huge skilled human resources, is also a fastest growing economy in the world. But at the same time there are several problems plaquing our Modern. Tradition, Culture and Issues facing India Today Cultural Diversity SS India is known for their traditions and hospitality. Indian culture is very traditional and is still surviving in the modern era. They greet outsiders and elders buy placing both palms together raised below the . We will write a custom essay sample on Family Culture And Traditions specifically for you for only $ $/page. We will write a custom essay sample on Family Culture And Traditions specifically for you. for only $ $/page. Order now. Search. Customs and Traditions of India ; The Effects of Culture on Family Ties ;.
India has one of the largest budget deficits in the developing world. Although it is fallen a little in the past year. It still allows little scope for increasing investment in public services like health and education. The effect of this is to discourage firms from expanding to over people.
It also discourages foreign investment. Trades Unions have an important political power base and governments often shy away from tackling potentially politically sensitive labor laws.
These are just a few of the problems facing India today. Life in India is nothing but absolute poverty with little hope of survival in the near future.
Good education is the key to economic improvement yet India is lacking this essential key in terms of education and hence in terms of economic improvement. How can India overcome some of these problems?
Who is responsible and who is to be blamed?The Issues Facing College Students Today: The Things We Were Never Warned About Tradition, Culture and Issues Facing India Today Issues facing women in prisons. Essay on Problems of Modern India S Nataraj Advertisements: India is a fastest developing country in the world.
India, with its diversified culture, civilization, natural resources, technology and huge skilled human resources, is also a fastest growing economy in the world. But at the same time there are several problems plaquing our Modern. Week 6 Research Paper Tradition, Culture and Issues facing India Today Betty Cha SS B: Cultural Diversity February 14, India is known for their traditions and hospitality.
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for only $ $/page. Order now. Search. Customs and Traditions of India ; The Effects of Culture on Family Ties ;. The most widely spread endemic in India is corruption, which must be handled quickly and wisely. There is hardly any office, in both private and public sector, that is untouched from this disease.