Topic Details (Notes format)

Social Sector Schemes and Welfare Programs

Subject: Economics

Book: Comprehensive Indian Economy

India invests in social welfare to uplift marginalized groups and expand human capital. Flagship schemes focus on healthcare (Ayushman Bharat), sanitation (Swachh Bharat), nutrition (POSHAN Abhiyaan), and education (Sarva Shiksha Abhiyan). Direct Benefit Transfers reduce leakages, ensuring targeted subsidies. While these programs can drastically improve living standards, challenges remain in last-mile delivery, funding constraints, and bureaucratic complexities. For exam readiness, recognize the objectives, target beneficiaries, and implementing agencies of major welfare schemes. Also track outcomes measured by indices like HDI and MPI to assess the real impact.

Practice Questions

What is the significance of “Purchasing Power Parity” (PPP)?

View Question

What is the meaning of “disguised unemployment”?

View Question

Which of the following statements best defines Gross Domestic Product (GDP)?

View Question

What does “Laissez-faire” policy advocate?

View Question

Which of the following is an example of a capital receipt for the government?

View Question

What is meant by “stagflation”?

View Question

What is the term for the price at which demand and supply in a market are equal?

View Question

What is the meaning of “dumping” in international trade?

View Question

What does the term "depreciation" refer to in the context of assets?

View Question

Which of the following best describes “capital formation”?

View Question