Impact of poverty on infrastructural development in India

This paper focuses its attention on the poverty in India and its impact on infrastructural development. The poverty rate is decreasing as compare to past 63 years of freedom. The standard of living is increasing year per year, but this is not much to make India as a developed country. The per capita income of the people is increasing and it leads to increase in the purchasing power of the Indian people.

There is a big opportunity to corporate to grow. The literacy rate of India is now reached around 74%. These factors helping to grow but if we talk about common man rich is becoming more richer and poor is going to be poorer. This leads to disparity in the infrastructural in rural India and Urban India because the infrastructural develop in urban India is growing faster but in rural India it is remain same or growing very less.

According to a recently released World Bank report, India is on track to meet its poverty reduction goals. However by 2015, an estimated 53 million people will still live in extreme poverty and 23.6% of the population will still live under US$1.25 per day.

The main objective of the study is to know the impact of poverty on infrastructural development of India. This paper is qualitative as well as quantitative in nature with some important actual data. The research type is descriptive type. The tool which will be used to calculate the relationship is Regression analysis. It is based on the report of Planning Commission of India and some existing research papers based on poverty of India and infrastructural development. Paper contains analysis part followed by findings, conclusion and references.