'Economy of India Essay\r'

'India is a fastest developing country in the world. India, with its change culture, civilization, natural resources, technology and huge skilled forgiving resources, is similarly a fastest growing parsimony in the world. But at the same duration there argon several riddles plaquing our Modern India which is bear upon the development and development.\r\nThese puzzles can be broadly classified advertisement as:\r\nSocio-economic Problems\r\nOther major Problems\r\n1. Socio-economic Problems\r\nThe major socio-economic bother beingness confront by India is ‘Poverty’. as yet after six decades of independence, the country is still fleck against this social evil of poverty.\r\nIt is estimated that nearly one troika of Indian community of 1.21 Billion, i.e., nearly 426 millions of people argon living below poverty line. Many go without a meal a day.\r\nThough regimes atomic number 18 struggling hard to eradicate poverty, the increasing universe and mis perplex ity of government schemes, have fueled the growth of poverty. The population is growing at an alarming rate.\r\nIn last ten years the population has large(p) by 0.20 billion. The positive effects of development argon nullified by append in population. therefrom there is an urgent need to curtail population growth, by adopting austere family planning programmes by government.\r\n apart from this there is also a need to improver rural and urban employment, by better management of Government Schemes like Mahatma Gandhi Rural Employment warrant Scheme (MGREGS), Jawaharlal Nehru Rojagar Yojana (JNRY), etc. By strict death penalty of these schemes poverty can be garnishd to a substantial extent.\r\nThe second most burning socio-economic problem of India is ‘Unemployment’. Nearly 9.4% of Indian population is idle. i.e., around cxx million people are either unemployed or underemployed. This large number of unemployment is of great business organisation and government s are devising new and effective schemes to learn this unemployment. Again by strictly implementing MGREGS and JNRY Schemes, it is possible to reduce the rate of unemployment. Since poverty is directly linked to unemployment, the schemes and private road by government to eradicate unemployment, also helps in eradicating poverty.\r\n2. The Other Major Problems:\r\nThe other major problem faced by India is lack of ‘Quality gentility’. Despite governments initiative in schemes like ‘Serva Shikhsa Abhiyana’( genteelness For All), many sisterren in rural India, still do non have access to good schools and type education.\r\nFurther the rural children have to work to tot up to their family income, thereby denying time for education. Despite the government’s effort on compulsory education and child labour ban, many children are still not able to go to schools. Added to this lack of part teachers is also a cause for decline in quality education. Pov erty eradication and improvements of rural schools should be a priority area of concern for governments to address this problem.\r\nThe succeeding(prenominal) important social problem being faced by India is ‘ rottenness’ Corruption is widespread in India. It ranks 72 among top most corrupt countries in the world. In India corruption takes the form of bribes, evasion of taxes, misapplication of funds, embezzlement etc.\r\nA study open that more than 50% had firsthand experience of give bribe or peddling influence to cause a job done in a public office.\r\nThe main economic consequence of corruption, are loss to exchequer, an unhealthy environment for investment and increase in cost of government services. Apart from this Corruption also leads to an unethical society. This increases the already existing faulting between poor and wealthy. This may lead to turmoil and destruction of modern societies. This social evil inevitably to be flash backed so as to bring fend for moral values in the society as well as to fill the widening breakage between the haveones and havenots.\r\nThe introduction of Lokpal Bill in the Parliament, its strict implementation and a moral fight against corruption may help in eradicating corruption in public life.\r\nThe other major problem is ‘ act of terrorism and naxalism’ this is also the offshoot of social inequality. Many youths in India, due to poverty and lack of education, have trodden the elbow room of either terrorism or Naxalism. Naxalism though, having its root in Marxism, its main cause lies in unequal dispersion of wealth. The root cause of terrorism in India is attributable to partly to Logistic fundamentalism and partly due to regionalism. If we curb these two basic issues, by removing social inequality and religious tolerance, and equal development in all(a) the states, these menaces can be easily controlled.\r\nThe above problems being faced by Modern India can not be solved just b y Government Policies and Schemes, but these can be definitely communicate by people’s wholehearted engagement and willingness to commit ourselves to Social values, equality and education.\r\n'