poverty reduction

Planning in India

Planning in India First Plan (1951 – 56) Target Growth : 2.1 % Actual Growth 3.6 % It was based on Harrod-Domar Model. Influx of refugees, severe food shortage & mounting inflation confronted the country at the onset of the first five year Plan. The Plan Focussed on agriculture, price stability, power and transport It was a successful plan primarily because of good harvests in the last two years of the plan. Second Plan (1956 – 61) Target Growth: 4.5% Actual Growth: 4.3% Simple aggregative Harrod Domar Growth Model was again used for overall projections and the strategy of resource ... Read more

Poverty and Unemployment

Assessment of the growth experience: Poverty and Unemployment Poverty and unemployment are closely related High poverty has a multiplier effect on quality of life, deprivation, malnutrition, illiteracy and low human resource development. Poverty Poverty lines Normative nutritional requirement per person per day at some base point. This is debated 2400 cal (rural), 2100 cal (urban) Nutrient requirement then needs to be translated to monetary terms. Poverty has declined as per NSSO estimates. However, recent committees like the Tendulkar committee have reviewed the methodology of measuring poverty and concluded that poverty levels are much higher than those presented through the NSSO ... Read more