Growth melodrama with poverty: some estimates

Masroor Ahmad Beg
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Masroor Ahmad Beg: Zakir Husain College, University of Delhi, India

Journal of Applied Management and Investments, 2012, vol. 1, issue 3, 304-311

Abstract: In India, the poverty appears to be growth driven. Over the six decades of plan-ning, there has been reduction in relative poverty but in absolute terms the poverty ratio has increased or kept constant. The focus of planning has been on achieving growth trajectory rather than striking the milieu of poverty of the masses. In this growth propelling mechanism, richer class stood to gain, but the poorer class reached at losing end. This iniquitous distribution of income emanate from low payment arising to the working class, which is reinforced by the larger number of people engaged in agriculture (nearly 60%). These classes of people are drawn largely from villages where the growth has not impacted in India. Therefore, the unfair distribution of pro-ducing asset (agriculture farms in the villages and non-agriculture producing asset in the villages as well as in the urban area) has proved to be an embryo of this gigantic poverty in India.

Keywords: trajectory; gigantic; peasantry; purge; skinner; dereliction; variability (search for similar items in EconPapers)
Date: 2012
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