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 “open market operations” (OMO)?

View Question

Which organization publishes the Human Development Index (HDI)?

View Question

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

View Question

What is the objective of the Goods and Services Tax (GST)?

View Question

What does the “Human Development Index” measure?

View Question

What is the primary function of the International Monetary Fund (IMF)?

View Question

Which organization is responsible for estimating India’s Gross Domestic Product (GDP)?

View Question

What is the primary purpose of Special Economic Zones (SEZs)?

View Question

Which is the largest source of tax revenue for the Government of India?

View Question

Which of the following measures can reduce a trade deficit?

View Question