Topic Details (Notes format)

Migrants and Economic Development

Subject: Economics

Book: Comprehensive Indian Economy - Additional Topics

Internal migrants support construction, hospitality, and urban services. However, poor social security, lack of housing, and job informality hamper their well-being. Governments introduced “One Nation, One Ration Card” for portable food entitlements. Understanding how migration fuels urban growth yet can strain city resources is crucial. Also, the pandemic spotlighted migrant vulnerabilities, prompting calls for inclusive policies: rental housing schemes, skill mapping, and bridging policy gaps across states to ensure cohesive social benefits.

Practice Questions

What is the “law of diminishing marginal utility”?

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Which of the following is a characteristic of “perfect competition”?

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Which of the following is a direct tax?

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What is meant by “monetary policy”?

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What does the Gini Coefficient measure?

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Which of the following best describes “capital formation”?

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What is the concept of “invisible hand” associated with?

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What is the purpose of the "Minimum Support Price" (MSP) in India?

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What does the term “elasticity of demand” measure?

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What is “quantitative easing”?

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