Class 11 Economics - Indian Economic Development - Chapter Poverty NCERT Solutions | How can creation of income earning asset
How can creation of income earning assets address the problem of poverty?
The income earning assets are those assets the ownership of which are controlled and owned by the members of a household. These are land, capital, labour and different levels of skills. Poverty and inequality of income arises due to improper distribution of and access to such income-earning assets. The labour skills of the poverty-trodden population are usually traditional and poor in quality that consequently leads to poor income and employment opportunities. Moreover, a substantial proportion of the population is engaged in the small scale production that often lacks capital and modern technology. Consequently, such techniques directly hamper the income earning capabilities of small scale industries. In addition to this, poor people often lack access to social services like proper medical and health care facilities, better education, proper sanitation, etc. The lack of access to such social services affects health, productivity and finally income earning capabilities of the poor.
In order to alleviate the problem of poverty, the role of income earning assets cannot be substituted. There are various measures that can create income earning assets for the poor people like providing proper access to easy credit, capital, monetary assistance, imparting technical skills, allotment of land to the landless and marginal farmers and better access to education, health services along with better access to information and support services for increasing their productivity. All these measures directly or indirectly contribute positively to the quality of human capital and their endowment of income-earning assets. This in turn leads to increase in the income opportunities and earning capabilities, thereby, contributing to the alleviation of poverty.
More Questions From Class 11 Economics - Indian Economic Development - Chapter Poverty
- Q:-
Is there any relationship between unemployment and poverty? Explain.
- Q:-
Illustrate the difference between rural and urban poverty. Is it correct to say that poverty has shifted from rural to urban areas? Use the trends in poverty ratio to support your answer.
- Q:-
The three dimensional attack on poverty adopted by the govern-ment has not succeded in poverty alleviation in India. Comment.
- Q:-
What programmes has the government adopted to help the elderly people and poor and destitute women?
- Q:-
Why are employment generation programmes important in poverty alleviation in India?
- Q:-
Why calorie-based norm is not adequate to identify the poor?
- Q:-
What is meant by ‘Food for Work’ programme?
- Q:-
Suppose you are a resident of a village, suggest a few measures to tackle the problem of poverty.
- Q:-
Suppose you are from a poor family and you wish to get help from the government to set up a petty shop. Under which scheme will you apply for assistance and why?
Popular Questions of Class 11 Economics - Indian Economic Development
- Q:-
What was the focus of the economic policies pursued by the colonial government in India? What were the impacts of these policies?
- Q:-
What are the two major sources of human capital in a country?
- Q:-
What do you mean by rural development? Bring out the key issues in rural development.
- Q:-
Define a plan?
- Q:-
Who is a worker?
- Q:-
Explain the term ‘infrastructure’.
- Q:-
What is meant by environment?
- Q:-
Why are regional and economic groupings formed?
- Q:-
Why were reforms introduced in India?
- Q:-
Name some notable economists who estimated India’s per capita income during the colonial period?
Recently Viewed Questions of Class 11 Economics - Indian Economic Development
- Q:-
What are the main characteristics of health of the people of our country?
- Q:-
What are the indicators of educational achievement in a country?
- Q:-
Were there any positive contributions made by the British in India? Discuss.
- Q:-
Victor is able to get work only for two hours in a day. Rest of the day, he is looking for work. Is he unemployed? Why? What kind of jobs could persons like Victor be doing?
- Q:-
How has the consumption pattern of energy changed over the years?
- Q:-
What similar developmental strategies have India and Pakistan followed for their respective developmental paths?
- Q:-
Who is a casual wage labourer?
- Q:-
Though the public sector is very essential for industries, many public sector undertakings incur huge losses and are a drain on the economy’s resources. Discuss the usefulness of public sector undertakings in the light of this fact.
- Q:-
Discuss the reforms which have been initiated recently to meet the energy crisis in India.
- Q:-
What is meant by environment?
- All Chapters Of Class 11 Economics - Indian Economic Development
- All Subjects Of Class 11