This is my report on difference between high per capita income and actual living conditions.
(Note:-Per capita income gives only information about individuals earning not theirs daily expenses. That is why per capita income is high but still there is poverty in our country.)
Mohanlal lives in village in rental house with his family. He had 3 daughters and 1 son who all studies at government school. He works as farm labour and earn 400 Rupees per day his monthly income is 400×30=12000 rupees but still his family came below poverty line.
Reasons behind this:-
For son now he had 3 daughters.
Mohanlal lives in rental house.
And he has habit of drinking alcohol and gambling.
Mohanlal's daily expenses:-
Total earning:-400 rupees.
Food:- 130-140 rupees.
Alcoholism and gambling:- no definite amount.
As income is per day then there no chance of savings.
At the end of month mohanlal is unable to pay rent of house so he took money from his friends which causes debt.
Main points:-
Social:- 1 The only bread winner.
2 Habits of dinking and gambling.
3 Gender discrimination resulted 3 daughters for 1 son (causes high population)
Economy:- Burrowing money at high interest for other expenses.
{Note:- per capita gives information about earning not theirs expenses}
• How this affect on nation's economy?
1 Gender discrimination causes heavy population and malnutrition among children.
2 Mass poverty as population is high.
3 Bad habits are the roots of social evils like rape,theft,smuggling etc.
By Khushi
( an author and future economist)
(Note:-Per capita income gives only information about individuals earning not theirs daily expenses. That is why per capita income is high but still there is poverty in our country.)
Mohanlal lives in village in rental house with his family. He had 3 daughters and 1 son who all studies at government school. He works as farm labour and earn 400 Rupees per day his monthly income is 400×30=12000 rupees but still his family came below poverty line.
Reasons behind this:-
For son now he had 3 daughters.
Mohanlal lives in rental house.
And he has habit of drinking alcohol and gambling.
Mohanlal's daily expenses:-
Total earning:-400 rupees.
Food:- 130-140 rupees.
Alcoholism and gambling:- no definite amount.
As income is per day then there no chance of savings.
At the end of month mohanlal is unable to pay rent of house so he took money from his friends which causes debt.
Main points:-
Social:- 1 The only bread winner.
2 Habits of dinking and gambling.
3 Gender discrimination resulted 3 daughters for 1 son (causes high population)
Economy:- Burrowing money at high interest for other expenses.
{Note:- per capita gives information about earning not theirs expenses}
• How this affect on nation's economy?
1 Gender discrimination causes heavy population and malnutrition among children.
2 Mass poverty as population is high.
3 Bad habits are the roots of social evils like rape,theft,smuggling etc.
By Khushi
( an author and future economist)
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