INEQUALITY AND POVERTY

Poverty is related to, yet distinct from, inequality .Inequality is concerned with the full distribution of wellbeing; poverty is focused on the lower end of the distribution only – those who fall below a poverty line, Inequality can be viewed as inequality of what, inequality of whom and inequality over what time horizon. Inequalities are ‘fundamentally about relational disparities, denial of fair and equivalent enjoyment of rights, and the persistence of arbitrary discrepancies in the worth, status, dignity and freedoms of different people”. Inequality can exist in a variety of different spheres. There are two prominent perspectives on inequalities of outcomes such as income, wealth, education, health and nutrition. Inequality of opportunities as a result of differences in background, social treatment and conditions, indicated by unequal.

Causes for the Inequality and Poverty:

1. Low level of education and skills

2. Gender Differences

3. Size and type of family

4. Being a member of ethnic groups in a society

5. Living in a remote areas

POVERTY AND INEQUALITY

 An attempt to examine the intertwined issues of poverty, inequality, and growth in India in the 1990s involves an exploration of all three topics. The conventional view of what happened in the Indian economy in the 1980s and the 1990s is that economic growth averaged around 5.5 percent per annum; population growth was around 2 percent, so per capita growth averaged 3.5 percent. This rate of growth was a major acceleration from the past, and both the agricultural and the nonagricultural sectors of the economy shared in it. Agriculture grew at a robust 3.7 percent per annum, and non-agricultural grew at 6.6 percent. Rural India, where most of the poor reside, benefited enormously, and absolute poverty declined at a fast pace in the 1980s. This decline is remarkable because both in the 1950s and in the 1960s, the poverty ratio.

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