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 does “Laissez-faire” policy advocate?

View Question

What is the main aim of Public Distribution System (PDS) in India?

View Question

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

View Question

What does the term “elasticity of demand” measure?

View Question

What is the Phillips Curve?

View Question

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

View Question

What is the main feature of a free-market economy?

View Question

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

View Question

Which of the following factors is NOT included in the calculation of Human Development Index (HDI)?

View Question

What is “fiscal stimulus”?

View Question