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| 1. |
How can we abolish poverty in India |
| Answer» (i) Population Control : Growing population is a major cause of poverty in India. So, it is necessary to control it. Family planning programme should be implemented effectively.(ii) Creation of more employment opportunities : Unemployment is still a big problem in India. It is also responsible for poverty Hence, it is essential to promote empolyment through intensive development technology.(iii) Stepping up Capital Formation : Low rate of capital formation is a major hindrance in the way of fast economic development. Capital formation rate, therefore, must be increased.(iv) Check on prise rate : Prise rise is also responsible for poverty in India. It decidedly goes against the interests of the poor. So, prise rate must be checked through proper, fiscal & monetary policies & other measures. | |