Economic Development
Economic Development
Neither we can do as well as Government nor can we compare to it because it is a huge liability to manage the Nation but yes as a responsible citizen we have also few moral liabilities so we can contribute to Government by our small contributions in various sectors like economical development. That’s why we decided first to start with Women Empowerment. There are many other benefits too of women empowerment they are that if a woman is a working woman and has a regular earning & proper resource/resources of income, she is respected by the family, relatives, neighbors and society.
On another hand she gets rid of domestic violence and insults. Our plan is to make sound the females economically. Within three years our target is benefit at least more than 3 crore females under our MATRI SURAKSH PROGRAMME in India. Their shall be no particiality at all. First of all every applicant shall be benefitted by ten thousands rs only and then after their positive or negative report it shall be decided for the further approvals. The most important thing is that any interest shall not be applicable on economical upliftment fund.
Thus, according to traditional view, economic development implies growth plus structural change. Structural change refers to changes in technological and institutional factors which cause shift of labour from agriculture to modern manufacturing and services sectors and also generate self-sustaining growth of output. An aspect of structural change which is of special mention is that during the process of
That is, during the process of economic development percentage share of working population in agriculture sharply falls whereas percentage shares of working population employed in modern industrial and services sectors substantially increase. Along with this change in sectoral distribution of labour force there occurs a change in sectoral composition of national income in which percentage contribution of agriculture to national income and declines and percentage contributions to national income of industrial and services sectors increase. This occurs due to the change in pattern of consumption of the people as economy grows and people’s income increases as well as due to the changes in levels of productivity in the different sectors of the economy.
After independence, the nature of Indian economy, society completely changed due to exploitative nature of British rule. Rural India, which was once self-sufficient, was made uneconomic, poverty stricken and diseased. Mismanagement, famine, prevailing inequality, social culture, traditions were some other reasons that led to marginalisation of rural India, women, children and unemployed youth. It is worth mentioning that in this view causal references were made to the role of some social factors such as growth of literacy, education and good health in economic development but they were considered to be of secondary importance. On the whole, in this view of economic development which generally prevailed till seventies, development was considered to be an economic phenomenon in which benefits from growth in overall GNP or per capita GNP and the structural changes accompanying it would trickle down to the poor and unemployed. No separate or special attention was paid to eliminate mass poverty and unemployment and to reduce inequalities in income distribution.