WELCOME TO YOU I heartily welcome you to read about few important (Major) causes to explain  why India faced mass poverty.  Apart from this poverty Now a days, India is moving towards achieving economic development. The per capita income, per capita expenditure, ability to pay taxes, education, human resources are all improving. People are becoming more vigillent.  This topic is also important for 11th and 12 grade economics students. ---------- Meaning Poverty can be defined as a social phenomena in which, a session of the people in the society is enable to satisfy even their basic necessities of life. Living standards is also very low, that society is set to be with mass poverty. India is suffering from mass poverty even after 65 years of planning. Still 21.9% of population is below the poverty line.  Generally NITI Aayog is responsible to measure the poverty rates in India. Causes of poverty in India There are number of causes which are responsible for the mass poverty in India. som

WELCOME TO YOU I heartfully welcome you to read this post. In previous posts, We've already written Concepts related to Industries. to read that post: Visit  https://economics-subject.blogspot.com/2021/06/concepts-in-industrial-sector.html With that knowledge we're going to read about:  Meaning of Industries Types, Importance in economic growth major problems faced by the industry, Measures to support and promote industrial growth, How government is involved to support industries. Importance of industries in a country.  Industry Industry is one of the major sector in the economy. It increases employment, efficiency in a labour, promotes regional development, education, infrastructure etc. Simply Industry deals with extraction, conversion and production of goods  Small Scale Industries If the process of manufacturing and production is done in small scale that means on smaller amount, it is called as a small scale industry. It has number of advantages like equal distribution of i