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Preeti Dabral 2 years ago
First Five Year Plan of India (1951-56)
On December 8, 1951, the Prime Minister Jawaharlal Nehru presented the first five-year plan to the Parliament of India. This was based on the Harrod-Domar model. At that time, India was facing three problems – the influx of refugees, a severe shortage of food, and also mounting inflation.
India had to recover from the partition and the disequilibrium in the economy due to the Second World War. The First Plan, therefore, had the objectives of rehabilitating refugees, agricultural development, and self-sufficiency in food along with controlling inflation.
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Preeti Dabral 2 years ago
In India, twin problems exist i.e. poverty and unemployment. Poverty can effectively be eradicated only when the poor start contributing to growth by their active involvement in the development process. This can only be achieved by launching various employment schemes.
Following points discuss the importance of employment generation programmes to eradicate poverty
The government has started poverty alleviation programmes like Prime Minister Rozgar Yojana, Swarna Jayanti Shahari Rozgar Yojana, MNREGA etc. The MNREGA aims to enhance livelihood security in rural areas by providing at least 100 days of wage employment in a financial year to every household whose adult members volunteer to do unskilled manual work. These programmes are trying to deliver the maximum to eradicate poverty by generating employment opportunities for the poor.
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