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प्रश्न
Does modernisation as a planning objective create contradiction in the light of employment generation? Explain.
उत्तर १
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 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.
उत्तर २
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 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.
संबंधित प्रश्न
Which projects were started in the 2nd five-year plan?
Why should plans have goals?
Why was it necessary for a developing country like India to follow self-reliance as a planning objective?
The economy of India is based on planning through the ______ Year Plan develop executed and monitored by the Planning Commission.
First time the objective of self-reliance was incorporated in the ______ Five year plan.
In the calendar of planning, there are annual plans which are given below except ______.
Who presented the first five year plan?
Agriculture education, health and infrastructure were the priority areas in which five year plan?
Read the following statements - Assertion (A) and Reason (R):
Assertion (A) - The goal of equitable distribution of land was fully served by the abolition of intermediaries, in post-independence India.
Reason(R) - Big landlords challenged the land ceiling legislation, delaying the implementation and subsequently escaping from the legislation.
From the given alternatives choose the correct one:
Read the following hypothetical text and answer the given question:
The performance of Indian economy during the period of first seven five year plans (1950-1990) was satisfactory if not very impressive. On the eve of independence, India was an industrially backward country, but during this period of first seven plans our industries became far more diversified, with the stress being laid on the public investments in the industrial sector. The policy of import substitution led to protection of the domestic industries against the foreign producers but we failed to promote a strong export surplus. Although public sector expanded to a large extent but it could not bring desired level of improvement in the secondary sector. Excessive government regulations prevented the natural trajectory of growth of entrepreneurship as there was no competition, no innovation and no modernization on the front of the industrial sector. Many Public Sector Undertakings (PSU’s) incurred huge losses due to operational inefficiencies, red-tapism, poor technology and other similar reasons. These PSU’s continued to function because it was difficult to close a government undertaking even it is a drain on country’s limited resources. On the Agricultural front, due to the measures taken under the Green Revolution, India more or less became self-sufficient in the production of food grains. So the needs for reform of economic policy was widely felt in the context of changing global economic scenario to achieve desired growth in the country.
Which of the following was not a reason for the public sector to play a major role in the initial phase of Indian Economic Planning?
Read the following hypothetical text and answer the given questions:
The performance of Indian economy during the period of first seven five year plans (1950-1990) was satisfactory if not very impressive. On the eve of independence, India was an industrially backward country, but during this period of first seven plans our industries became far more diversified, with the stress being laid on the public investments in the industrial sector. The policy of import substitution led to protection of the domestic industries against the foreign producers but we failed to promote a strong export surplus. Although public sector expanded to a large extent but it could not bring desired level of improvement in the secondary sector. Excessive government regulations prevented the natural trajectory of growth of entrepreneurship as there was no competition, no innovation and no modernization on the front of the industrial sector. Many Public Sector Undertakings (PSU’s) incurred huge losses due to operational inefficiencies, red-tapism, poor technology and other similar reasons. These PSU’s continued to function because it was difficult to close a government undertaking even it is a drain on country’s limited resources. On the Agricultural front, due to the measures taken under the Green Revolution, India more or less became self-sufficient in the production of food grains. So the needs for reform of economic policy was widely felt in the context of changing global economic scenario to achieve desired growth in the country.
Inward looking trade strategy aimed at ______.
______ refers to the annual percentage increase in real national income during that period.
What are the important aspects of India's five-year plans?
SHG's ______
______ is defined as an economic phenomenon in which an economy experiences growth while maintaining or decreasing its level of employment.
Identify the correct combination of the ‘Goals of Indian Five Year Plans’:
Statement 1: First Five Year Plan of China commenced in the Year 1956.
Statement 2: Both India and China adopted Socialist Economy model, following USSR.
In the light of the given statements, choose the correct alternative:
