Even-though India is rich in almost various natural resources and goodness, the country faces the problems of overpopulation, illiteracy, inadequate or lack of skill, technical know-how and training, unemployment even among the qualified and educated, low wages, frequent strikes / hartals, political influence and interference, corruption, etc, are the real and major factors of the poverty.
Your vote on this answer has already been received
Our ideology of governance and leadership seems imported and implanted. It is said that Corruption at one stage was induced by British (mainly in Plantation and minings) for having better grip on it by spying one native by the other. After independence we have many laboratories/institutions for research but there is nothing worth mentioning to study social science to rediscover the NERVES of our people. We are surviving on adoption-some adopts to live ,some adopts to digest the new ideology ( mostly antagonistic to what their forefather believed).As and when we have our own indigenous ideology flourished with the global assimilation ,India will become truly by the people for the people . We have to wait till some of our important but pretending Indians to become truly Indians.