POVERTY IN INDIA - A VICIOUS CYCLE

Poverty in India is one of the biggest issue we are facing today. Almost every third poor in the world is Indian. This paper gives insight about the poverty, its types, regional disparity, measures for its removal, and the initiatives taken by the government in this regard. Data collected for this paper is from secondary source. This paper elaborates the reason for the poverty in detail and its corrective measures can be taken. Poverty is a vicious cycle, a famous quote which describes this perfectly is ?you are poor because you are poor?. Chronic poverty is the issue we are dealing with from a long period of time. This paper also explains the parameters on which poverty is defined, what should be included and what not, poverty line, state of people below poverty line and measures to bring them above the poverty line, difference between poverty in urban areas and rural areas.