Low times leading to inadequacies (9)

I believe the answer is:

shortages

'inadequacies' is the definition.
(shortage is a kind of inadequacy)

'low times leading' is the wordplay.
'low' becomes 'short' (associated in meaning).
'times' becomes 'ages' (age is a kind of time).
'leading' says to put letters next to each other.
'short'+'ages'='SHORTAGES'

'to' acts as a link.

I've seen this clue in The Hindu.

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