Saturday, 23 November 2019

Cl 9 Economics Poverty as a Challenge

3. 'Removal of poverty has been one of the major objective of Indian development strategy'. In the light of this statement explain the two planks of Indian government on anti poverty strategy.
Ans.* Over a span of 30 years till early 1980s a very little growth in per capita income was observed and reduction in poverty was also not much.
*  Since the eighties India's economic growth has been the fastest in the world from 3.5 % per annum in 1970s to about 6%  during the 1980s and 1990s. The higher growth rate has helped significantly in reduction of poverty. This stands a testimony to the strong link between the economic growth and reduction in poverty.
* In the light of these, there is a dire need for the introduction of targeted anti poverty programme to affect poverty directly or indirectly. Some of the major programs in this direction are MGNREGA, PMRY, SGSY, AAY etc

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