Slow Economic Progress of India
Essay title: Slow Economic Progress of India
Slow Economic Progress Of India
The reasons for the slow economic progress of India can be classified under the following five heads:
Social Causes
Administrative Causes
Economic Causes
Political Causes
Technological Causes
All these causes have been discussed in detail as follows:
SOCIAL CAUSES
Religious Bigotry And Communal Violence: The communal violence and fundamentalism related violence leads to the draining of the resources of the nation as the government has to spend extra on the security of the nation. Also the violence leads to the loss of man and material resources, which slows down the economic progress.
Caste & Creed Distinction: The cast and creed distinction breeds discontent and enmity in the country, which results in economic disparity as well as the backwardness of some of the social groups.
Illiteracy: Illiteracy is one of the major causes of economic backwardness of the nation as illiterate people are not able to make their ends meet which leads to their low economic standards as well as slowing down of the economy.
Lack of basic amenities: lack of basic amenities like water, sewage, electricity etc. leads to poor hygiene conditions which results in poor overall health levels of the nation.
Overpopulation: Overpopulation puts extra strain on the limited resources of the nation, which results in poverty and low per capita income.
Terrorism: Terrorism also results in extra burden on the national resources as government has to deploy extra resources for the national security and protecting the assets of the nation.
ADMINISTRATIVE CAUSES
Aid does not reach the poorer sections of society: Due to inefficient government departments the real benefits of the government spending doesnt reach the poor people and due to which they remain backward.
Excessive Bureaucracy: Due to excessive laws and guidelines and innumerable permissions and licenses required, the progress of the nation is slowed down.
Corruption: India is one of the highly corrupt countries and there is corruption in all the government departments, which negates and slows down the economic development.
Misallocation of resources: Due to the democratic compulsions the government sometimes has to act