Does modernisation as a planning objective create contradiction in the light of employment generation? Explain.
No, modernisation as a planning objective does not contradict employment generation. In fact both modernisation and employment generation are positively correlated. While modernisation refers to the use of new and modern technology in the production process that may make some people lose their jobs in the initial stages. But gradually, the use of modern technology and input will raise the productivity and, consequently, the income of the people that will further raise the demand for goods and services. In order to fulfill this increased demand, there will be more job opportunities that will lead more people to be hired and, hence, more employment opportunities will be generated. Hence, both modernisation and employment generation are not contradictory but are complementary to each other.
Why was the public sector given a leading role in industrial development during the planning period?
Match the following:
1. Prime Minister 3. Quota 4. Land Reforms 5. HYV Seeds 6. Subsidy |
A. Seeds that give large proportion of output C. Chairperson of the planning commission D. The money value of all the final goods and services produced within the economy in one year. E. Improvements in the field of agriculture to increase its productivity F. The monetary assistance given by government for production activities. |
What is marketable surplus?
What is the Green Revolution? Why was it implemented and how did Does it benefit the farmers? Explain in brief.
Explain ‘growth with equity’ as a planning objective.
Why was it necessary for a developing country like India to follow self-reliance as a planning objective?
Why and how was the private sector regulated under the IPR 1956?
Define a plan?
Why did India opt for planning?
Why should plans have goals?
What was the focus of the economic policies pursued by the colonial government in India? What were the impacts of these policies?
What are the two major sources of human capital in a country?
What do you mean by rural development? Bring out the key issues in rural development.
Who is a worker?
Explain the term ‘infrastructure’.
What is meant by environment?
Why are regional and economic groupings formed?
Why were reforms introduced in India?
Why calorie-based norm is not adequate to identify the poor?
Name some notable economists who estimated India’s per capita income during the colonial period?
What were the main causes of India’s agricultural stagnation during the colonial period?
What are the main characteristics of health of the people of our country?
State any four pressing environmental concerns of India. Correction for environmental damages involves opportunity costs — explain.
Raj is going to school. When he is not in school, you will find him working in his farm. Can you consider him as a worker? Why?
The traditional handicrafts industries were ruined under the British rule. Do you agree with this view? Give reasons in support of your answer.
What objectives did the British intend to achieve through their policies of infrastructure development in India?
Define the liberty indicator. Give some examples of liberty indicators.
What are the indicators of educational achievement in a country?
An establishment with four hired workers is known as (formal/informal) sector establishment.
Mention the various indicators of human development.