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Volume : III, Issue : II, March - 2013 THE ECONOMICS OF THE POVERTY OF INDIA D. R. JAGTAP Published By : Laxmi Book Publication Abstract : Approximately 22% people in India from the whole population are below the
poverty line according to a report of the Lok Shasan. It has been 65 years since India has
become independent, but still the Government has not succeeded in wiping out poverty in
India. The percentage of people below poverty line given by the Government is
misleading. 40% to 50% of people are still cursed to live under the poverty line. The
roots of the poverty are in the social, economic and political system. Nobody becomes
poor by choice. Because if there are no poor people who will do the worthless jobs? The
political, social and economic system benefits from the poverty. The poverty actually
makes all these system works. The economics are based on this concept only. Keywords : Article : Cite This Article : D. R. JAGTAP, (2013). THE ECONOMICS OF THE POVERTY OF INDIA. Indian Streams Research Journal, Vol. III, Issue. II, http://oldisrj.lbp.world/UploadedData/2167.pdf References : - Indian Economy (27th Edition), (2009) Mishra – Puri, Himalaya Publishing House
- India's Economic Scenario, (2011), D. R. Jagtap and others, Prashant publications, Jalgaon
- Economic survey, various editions, Government of India
- Arthasanvad, various editions, Marathi Arthashastra Parishad
- Yojana, various editions
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