Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsIndian Economy 1950-19906 Marks
Question
Discuss the problems that the Five Year Plans were unable to address.
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Answer
The Five Year Plans have not been able to address the following problems:
Poverty: The FYPs have failed to address the problem of poverty in our country. 21.9% of our population lives below poverty line and around 50% of the poor people of the world reside in India. The basic needs of food, shelter and clothing are not being fulfilled.
Inflation: The FYPs have also failed to check the problem of inflation in the country. The continuously rising prices have eroded the purchasing power of money and increased the inequalities of wealth.
Unemployment At the end of the Eleventh Plan, nearly 4 crore people were unemployed in the country. The employment opportunities are not growing at the same rate in which the supply of labour is rising.
Inadequate infrastructure India has inadequate infrastructure. There is an acute shortage of public means of transport. Roads are in a pitiful condition, the cities are filthy, and educational and medical facilities are highly inadequate.
Rising inequalities The FYPs have failed to promote equitable distribution of income. The rich people are getting richer and the poor people are getting poorer. The plans have in fact encouraged unequitable distribution of income.
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