Indian Economy and Issues-Inclusive Growth and Issues Arising from It [IAS (Admin.) IAS Mains GS Paper 3 (Science-Tech, Economy, Environment, & Disaster Management)]: Questions 8 - 13 of 15

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Question 8

Inclusive Growth and Issues Arising from It
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Essay▾

Formalisation without preparation leads to exclusion. Critically comment. (150 Words)

Explanation

Introduction:

According to NSSO data, there have been more jobs created in the informal sector than the formal and more than 90 % of the population is employed in informal jobs.

Formalization without preparation will have disastrous impacts:

  • Formalization of the economy is often sought as the informal economy can enable illicit activities and create a…

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Question 9

Inclusive Growth and Issues Arising from It
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Essay▾

Comment on women՚s current employment scenario in India and discuss why it՚s crucial to create more formal jobs to empower women. (250 Words)

Explanation

Introduction:

India has been seen decent economic growth over the last few years, but participation of women in the economy has decreased.

Women Abysmal Participation in the Economy:

  • According to the World Economic Forum՚s “Global Gender Gap Report 2017” , India՚s ranking has fallen by 21 places, far below the global average but also behind our neighb…

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Question 10

Inclusive Growth and Issues Arising from It
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Essay▾

Any attempt to outlaw all high-interest, or usurious, lending will make life worse for borrowers who genuinely benefit from informal lending. Comment. (150 Words)

Explanation

Introduction:

Informal lending has been a bone of contention from historical times due to the high interest rates charged, yet they exist in the contemporary times too. Many steps have been taken by the authorities such as ‘Operation Kubera’ in Kerala against the high lending and physical torture related to the informal lending.

But the informal lend…

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Question 11

Inclusive Growth and Issues Arising from It
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Essay▾

Rapid transformation of the rural economy is making huge contributions to Indian economy in recent years. What are the components of rural economy? Discuss the features of structural transformation of the rural economy and its contribution to India՚s growth story. (250 Words)

Explanation

Introduction:

For centuries together, the Indian village has been a self-sufficient and self-contained economy. During the past 60 years, rural reconstruction and development have been the major thrust of economic planning, which has caused a rapid transformation in the Indian rural economic structure. These changes have taken place in spheres, such…

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Question 12

Inclusive Growth and Issues Arising from It
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Essay▾

Loan waivers do not result in farmers՚ welfare. Discuss. (250 Words)

Explanation

Introduction:

Farm loan waiver is the practice of writing off the loans given to farmers owing to their inability to pay them back due to reasons like calamity, disaster, political policies etc. Recently many governments like Maharashtra, Uttar Pradesh have done it.

Farm Loan Waiver Are Necessary for Farmers Welfare:

  • Agriculture in India has been faci…

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Question 13

Inclusive Growth and Issues Arising from It
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Essay▾

The societal reach of India՚s economic growth in recent decades still remains unquantified and a common measure to quantify the social progress of Indian States that can pinpoint the achievements and the challenges is still missing. Discuss the efforts made in this regard and suggest ideas to quantify societal reach of India՚s economic growth. (250 Words)

Explanation

Introduction:

  • The accomplishments of modern India are recognised around the world. A country that was a symbol of hunger and poverty at the time of Independence and admonished for its Hindu rate of growth during the initial decades has now transformed itself into one of the fastest growing major economies.
  • The societal reach of this economic growth s…

… (281 more words) …

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