The Congress in its manifesto for 2009 general elections promised to enact Right to Food law to provide 25 kg of rice or wheat at Rs.3 per kg every month to families living below poverty line (BPL). This has been delayed as the planning commission has asked the rural development ministry to carry out another [...]
Government: Five-Year Plans
Sovereign economic planning in India is done through Five-Year Plans, which lay out the agenda, budget, and the manner of the implementations of economic plans, for five-year periods. The First Five-Year Plan (1951-56) came into being from December 8, 1951. Currently, we are in between the Eleventh Five-Year Plan (2007-12).
The focus of the various [...]
Poverty- Major Cause for Concern
Poverty in India is a cause for concern even after 62 years of Independence. Poverty indicates a condition in which a person fails to maintain a living standard adequate for his physical and mental efficiency. India has the world’s largest number of poor people. Of its nearly 1 billion inhabitants, an estimated 260.3 million are [...]