POVERTY IN URBAN INDIA 5
In a speech, one India's Finance Minister was quoted saying, "Indian industry is the
Achilles heel of the country's economy" (Mashru, 2014, p.74). The manufacturing
industries have the capability to be the engine of the economic growth in India but this
sector is still looming in darkness and hobbled with skilled workers shortage, their
electrification is much worse and there is an inflexible system of hiring and firing of
workers. It has been noted that the ability of India to create more job opportunities is
declining with each year as it passes that is' Reverse migration' its biggest stock is being
squandered because of the shortages of job opportunities, the manufacturing sector being
a stumbling block and is much desperate for the skills that are in deficit. (Barnett, 1973,
p.128).
Generally, an increase in urban population comes with a cost. Most of them come
in search of financial activities and employment. With an increased population, the income
of 8 crore people in this urban settlement drops to below the threshold whereby they start
living below the poverty lines due to the unskilled expertise which compromises the quality
of the final products in the usage of the existing resources (Barnett, 1973, p.147); others
have unstable income, leading to lack of the ability to get loans and mortgage, resulting in
the issues of slums that cities like Kolkata, Delhi, and Mumbai have been at the helm.
Housing is a major parameter to gauge the quality of life in cities. With slum dwellings
mushrooming all over, sanitation becomes an issue of concern, the gap between the rich,
the middle class and poor is drawn and widened. Among the large poor population fall
mainly those who are illiterate and unskilled, making it difficult and challenging for the
government initiatives to curb poverty levels. This has further deepened the crisis of
poverty that continues to grow.