Liberalisation, Privatisation And Globalisation — Economics STD 12 Humanities & Commerce — Question

Why has water become an economic commodity?

Why is India's dependence on the imports of crude and petroleum products a negative feature of our energy sector?

Why is worker population ratio higher in males than in females in India?

Government had allocated ₹ 42 crore for the upliftment of Pahadi Korwas, a tribal community. Under this project, a road was developed in the Kach Ketha village costing ₹ 17.44 lakh. However, the officials failed to notice that there was only one Korwa family in that village and they were suffering from acute water shortage. Also, these funds were grossly misappropriated as only 'Lal Mitti' was put over a Kutcha road. As Ramdas says, "Instead of spending ₹ 17.44 lakh of that road, if they had spent a few thousands on improving the damaged well on my land, wouldn't that have been better?"

1. What according to you would have truly benefitted Ramdas Korwa-developing the road or improving the well?
2. ₹ 17.44 lakh were spent on developing the road. Is this cost justified?
3. What values do you find disturbing in the above case?

Compare and analyse the given data of India and China, with valid reasons:

Country	Annual Growth Rate of Population (2015)	Gender Ratio (Per thousand males)
India	1·2%	929
China	0·5%	941

Source: World Development Indicators, 2015

Name our major trading partners at the time of Independence and at present.

Globalisation of the economy has helped the farmers in marketing their produce and has helped in raising their standard of living. Do you agree?

What was the two-fold motive behind the systematic de-industrialisation effected by the British in pre-independent India?

How is agricultural diversification helpful for farmers? Explain.

Which are the sources of data available on employment in India?