Fahim,
It's good that you have a heart for those not fortunate. It's sad and a complex morality for poor people to beget poor children because what else is there for them to show for their existence.
As John suggests, this would likely be great in B&W. In fact, I see no contribution of color to the picture. The beauty of color distracts from the shabby worn clothes and the hard form of the drum. The drum, BTW, to me at least, is a far more important feature than the bicycle. If the latter was so important, one could say it should be sharply rendered. On the other hand, the form of the metal drum, also a reject from the industrial harsh society, is a great contrasting form to the more delicate, fragile nature of the man.
Thanks for sharing your sensitivity,
Asher