3 Marks Each

Question

How have defective policies led to poverty?

Vidyadip · Accepted Answer

Poverty caused due to defective policies:

India started giving importance to heavy and basic industries ?« a strategy for economic development after its second five year plan.
By adopting policies of industrialization India hoped to achieve rapid industrialization and high economic growth which would then remove poverty and unemployment.
The biggest drawback of this policy was that it neglected the majority of the population dependent on agriculture.
India also neglected small and cottage industries of rural regions which have great contribution in employment, production and income.
As a result, agriculture and small and cottage industries which gives employment and income to majority of population, developed slowly. So, people occupied in these fields remained poor.
Apart from this various schemes were introduced during planning period to reduce poverty and unemployment. But, due to change in rolling government many a time the policies were either stopped or were not taken proper care. So, the targeted poverty reduction could not be achieved through these schemes.

Answer