Economy of India Essay

Free Articles

India is a fastest developing state in the universe. India. with its diversified civilization. civilisation. natural resources. engineering and immense skilled human resources. is besides a fastest turning economic system in the universe. But at the same clip there are several jobs plaquing our Modern India which is impacting the growing and development.

These jobs can be loosely classified as:

We Will Write a Custom Essay Specifically
For You For Only $13.90/page!


order now

Socio-economic Problems

Other major Problems

1. Socio-economic Problems

The major socio-economic job being faced by India is ‘Poverty’ . Even after six decennaries of independency. the state is still contending against this societal immorality of poorness.

It is estimated that about one tierce of Indian population of 1. 21 Billion. i. e. . about 426 1000000s of people are populating below poorness line. Many go without a repast a twenty-four hours.

Though Governments are fighting difficult to eliminate poorness. the increasing population and misdirection of authorities strategies. have fueled the growing of poorness. The population is turning at an dismaying rate.

In last 10 old ages the population has grown by 0. 20 billion. The positive effects of development are nullified by addition in population. Hence there is an pressing demand to restrict population growing. by following rigorous household be aftering programmes by authorities.

Apart from this there is besides a demand to increase rural and urban employment. by better direction of Government Schemes like Mahatma Gandhi Rural Employment Guarantee Scheme ( MGREGS ) . Jawaharlal Nehru Rojagar Yojana ( JNRY ) . etc. By rigorous execution of these strategies poverty can be reduced to a significant extent.

The 2nd most burning socio-economic job of India is ‘Unemployment’ . About 9. 4 % of Indian population is unemployed. i. e. . around 120 million people are either unemployed or underemployed. This big figure of unemployment is of great concern and authoritiess are inventing new and effectual strategies to control this unemployment. Again by purely implementing MGREGS and JNRY Schemes. it is possible to cut down the rate of unemployment. Since poorness is straight linked to unemployment. the strategies and attempt by authorities to eliminate unemployment. besides helps in eliminating poorness.

2. The Other Major Problems:

The other major job faced by India is deficiency of ‘Quality education’ . Despite authoritiess initiative in strategies like ‘Serva Shikhsa Abhiyana’ ( Education For All ) . many kids in rural India. still do non hold entree to good schools and quality instruction.

Further the rural kids have to work to lend to their household income. thereby denying clip for instruction. Despite the government’s attempt on mandatory instruction and child labour prohibition. many kids are still non able to travel to schools. Added to this deficiency of quality instructors is besides a cause for diminution in choice instruction. Poverty obliteration and betterments of rural schools should be a priority country of concern for authoritiess to turn to this job.

The following of import societal job being faced by India is ‘Corruption’ Corruption is widespread in India. It ranks 72 among top most corrupt states in the universe. In India corruptness takes the signifier of payoffs. equivocation of revenue enhancements. embezzlement of financess. peculation etc.

A survey found that more than 50 % had firsthand experience of paying payoff or mongering influence to acquire a occupation done in a public office.

The chief economic effect of corruptness. are loss to exchequer. an unhealthy environment for investing and increase in cost of authorities services. Apart from this Corruption besides leads to an unethical society. This increases the already bing spread between hapless and affluent. This may take to unrest and devastation of modern societies. This societal immorality demands to be curbed so as to convey back moral values in the society every bit good as to make full the widening spread between the haveones and havenots.

The debut of Lokpal Bill in the Parliament. its rigorous execution and a moral battle against corruptness may assist in eliminating corruptness in public life.

The other major job is ‘terrorism and naxalism’ this is besides the outgrowth of societal inequality. Many young persons in India. due to poorness and deficiency of instruction. hold trodden the way of either terrorist act or Naxalism. Naxalism though. holding its root in Marxism. its chief cause lies in unequal distribution of wealth. The root cause of terrorist act in India is attributable to partially to Logistic fundamentalism and partially due to regionalism. If we curb these two basic issues. by taking societal inequality and spiritual tolerance. and equal development in all the provinces. these threats can be easy controlled.

The above jobs being faced by Modern India can non be solved merely by Government Policies and Schemes. but these can be decidedly addressed by people’s wholehearted engagement and willingness to perpetrate ourselves to Social values. equality and instruction.

Post a Comment

Your email address will not be published. Required fields are marked *

*

x

Hi!
I'm Katy

Would you like to get such a paper? How about receiving a customized one?

Check it out