How is poverty responsible for low economic development
- There is a strong link between economic growth and poverty reduction.
- Economic growth widens opportunities and provides the resources needed to invest in human development.
- This also encourages people to send their children, including the girl child, to schools in the hope of getting better economic returns from investing in education.
- However, the poor may not be able to take direct advantage from the opportunities created by economic growth
- Since the eighties, India’s economic growth has been one of the fastest in the world that has helped a great deal in bringing down the poverty levels.