India is expected to become the most powerful country in the world. However, India faces significant challenges that could disrupt its optimistic outlook for a thriving economy. There are concerns about the inequality in wealth distribution. India’s poverty seems to be linked with certain groups and segments of people. This is why class mobility in India can be difficult because of the caste system. (Srinivas 2017, 2017). A person who comes from poverty will face distinct challenges in their quest to reach the highest social ranks.
Apart from poverty and caste system, India’s religious sectarianism poses a serious threat. India has been a country that experiences tensions with Muslims and Hindus over the centuries (Binder, 2020). It is this concern that led to disputes with Pakistan. India’s Muslims consider themselves to be the minority. This has made it difficult for them to make political decisions in most situations. Indian Muslims are not able to hold high office positions in the political arena. It isn’t because these people lack leadership ability, it’s due to their religious beliefs.
It is possible to reduce poverty through social capital. While some believe that poverty alleviation requires the use of economic capital to do so, it may not be enough. Social capital is essential. This refers to beneficial ties that are used to address specific community needs.
India’s Prime Minister and President are key positions within its political structure. Powell Jr. and others. According to Powell, Jr. et al. Caste systems have meant that members of low-income families are unable to vote for the president or prime minister. Elections are frequently about protecting the wealth of certain groups. Rich Indians often support politicians who share their values. The result is that the poor are unable to take part in decision-making. The problem of poverty will likely worsen.