Economic Development and Poverty Alleviation in India

Pei-Nung Wu, BA

Master's thesis

Abstract:

India is one of the fastest developing countries with good economic development and poverty alleviation in recent years. According to the data from the World Bank, Gross domestic product (GDP) of India has continuously grown up after gaining independence from the United Kingdom. Although poverty issues remain inside the nation, current prime minister Narendra Modi is dedicated to alleviation of the poor people with introduction of many schemes for poverty alleviation and economic development. In this paper, GDP growth in India and poverty indices will be analysed. Moreover, there are five selected schemes implemented by the Indian government which were chosen based on the lowest requirements from Maslow Needs Hierarchy theory and questionnaires proposed to various departments of Indian government concerned with the selected schemes. After analysing, the result explains the growth of Indian economy by indices implementation and also the impact of the selected schemes toward to the population under poverty especially in rural part of India. At the end also leave the suggestion according to the results to Indian government for better development of India.

Keywords

Poverty alleviation, Programmes, Economic growth, Human development

Language used: English

Date on which the thesis was submitted / produced: 31. 3. 2022

Thesis defence

• Supervisor: doc. Ing. Irena Benešová, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / field:
Economics and Management / Economics and Management