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ASSIGNMENT
|
DRIVE
|
FALL 2015
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|
PROGRAM
|
BBA
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|
SEMESTER
|
V
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SUBJECT CODE & NAME
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BBA 503 ECONOMIC PLANNING
AND POLICIES
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CREDIT
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4
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BK ID
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B1851
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MAX.MARKS
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60
|
Note:
Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Q1.
Differentiate between development and
growth.
Answer: Growth and development get lumped
together so frequently, it can be easy to assume that they go hand in hand and
happen at the same time.
Growth
To put it simply, when something grows in
shows an increase in something you can count. A tree can grow. That means that
it adds to its height. We can count the inches it has grown. An organization
can grow, adding people or other groups to itself. These are counted very
easily. Profit can grow, adding money in different ways.
None of this takes into account how it
grows. Growth doesn’t look into what it took to add to its height or its
numbers or its bank statement. Growth is only shown through the evidence of it
happening. The tree may have been fertilized, accelerating its natural
Q2.
Discuss the role of agriculture and industry in growth and economic development
of India.
Answer: Economic growth and development is
highly important for improvement in the quality of life of the people of any
country. Growth means positive change in the level of production and services
by a country over a certain period of time. The most widely used measure of
economic growth is the real rate of growth in a country’s total output of goods
and services indicated by gross product adjusted for inflation or real GDP.
National per capita income and consumption per capita are also used for
measuring growth.
Q3.
Explain the objectives of economic planning in India.
Answer: Indian plans have been concerned
with the removal of economic backwardness of the country and make it a
developed economy. They have also taken care to ensure that the weaker sections
of the population benefit from the economic progress of the country. Some
successes have indeed been achieved in all these spheres.
But all is not well with the plans. In
this section, we describe the objectives set before the plans, and assess their
rationale and logic. We will also discuss the extent to which these objectives
have been achieved.
Q4.
Discuss the indicators in order to explain the role of public sector in Indian
Economy.
Answer:
Prior to 1947, there was virtually no “public sector” in India. The only
instances worthy of mention were the Railways, the Posts and Telegraphs, the
Port Trusts, the Ordnance and Aircraft Factories and a few state managed
undertakings like the Government Salt factories, Quinine factories, etc.
The idea that economic development should be
promoted by the State actually managing industrial concerns did not take root
in India before 1947, even though the concept of planning was very much
discussed by Congress Governments in the Indian provinces as
Q5
Identify various schemes launched by the government to reduce unemployment and underemployment.
Explain any 2 in detail.
Answer: The main objective of rural
development has been to remove poverty of the people and fill the widened gap
between the rich and the poor. This has been also vocalized in the policy of
the government which says: said, ‘Rural poverty alleviation has been the
primary concern in the economic planning and development process of the
country … rural development which encompasses the entire gamut of improvement
in the overall quality of life in the rural areas can be achieved through
eradication of poverty in rural areas.’
Keeping in view the planning policy in
mind, various schemes of development, especially the development of agriculture,
the main occupation of the rural people, have been introduced.
The
major early programmes were:
1. Intensive Agricultural Area Programme
(LAAP)
2. Intensive Agricultural District
Programme (IADP)
3. High Yielding Varieties Programme
(HYVP)
4. Rural Industries Projects and Rural
Artisans Programmes (RIP and RAP)
1.
20-Point Programme:
This has been a major programme of rural
development encompassing various aspects of rural people. This programme is
associated with former Prime Minister Indira Gandhi, who introduced it in July
1975 for reducing poverty and economic exploitation and for the uplift of
weaker sections of society. She gave the slogan ‘Garibi Hatao’ during
parliamentary elections.
The
important goals of this programme were:
1. Welfare of the rural masses.
2. Increase in rural employment.
3. Minimum wages to landless labourers.
2.
Integrated Rural Development Programme (IRDP):
The programme was launched by the Centre
in March 1976 as a major instrument of the government to alleviate poverty. Its
main feature was to enable selected families to cross the poverty line in a
given time-frame by taking up self-employment in various activities like
agriculture, horticulture, animal husbandry, weaving and handicrafts and
services and business activities.
3.
Training Rural Youths for Self-Employment (TRYSEM):
This scheme was launched in 1979 to
provide technical skills (training) to rural youths (between 18-35 years)
living below the poverty line, to enable them to seek employment in fields of
agriculture, industry, services and business activities.
4.
Food for Work Programme (FWP):
This programme was introduced in 1977 by
the then Janata government with the objective to provide employment to the
unemployed/underemployed village persons during the slack season. The wages
paid to the workers were in kind, i.e., food grains.
The works undertaken were flood
protection, maintenance of existing roads, construction of new link roads,
improvement of irrigation facilities, construction of school buildings, medical
and health centres and Panchayat Ghars (community halls) etc.
5.
National Rural Employment Programme (NREP):
This is redesigned programme of FWP,
planned for creating additional employment opportunities in the rural areas
with the help of surplus food grains. It was started in 1980 as a part of the
Sixth Plan (1980-85). This programme was especially for those rural people who
largely depended on wage employment but had no source of income during lean
agricultural period. PRIs were actively involved in this programme.
6
Write short notes on:
a.
Land reforms
Answer: Land reform involves the changing
of laws, regulations or customs regarding land ownership.[1] Land reform may
consist of a government-initiated or government-backed property redistribution,
generally of agricultural land. Land reform can, therefore, refer to transfer
of ownership from the more powerful to the less powerful, such as from a
relatively small number of wealthy (or noble) owners with extensive land
holdings (e.g., plantations, large ranches, or agribusiness plots) to
individual ownership by those who work the land. Such
b.
RBI
Answer: The Reserve Bank of India is
India's Central Banking Institution, which controls the Monetary Policy of the
Indian Rupee. It commenced its operations on 1 April 1935 during the British
Rule in accordance with the provisions of the Reserve Bank of India Act, 1934.
The original share capital was divided into shares of 100 each fully paid
Dear
students get fully solved assignments
Send
your semester & Specialization name to our mail id :
“
help.mbaassignments@gmail.com ”
or
Call
us at : 08263069601
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