Question

a) What problems are faced by India regarding disinvestment policy? [3]

b) Write two objectives of i) EAS, ii) PMRY. [3]

c) Explain the importance of Human Capital Information in promoting the growth in economy. [​

Answer 1

Answer:

a number of problems such as low productivity, over-manning and other economic compulsions like deterioration of balance of payment position and increasing fiscal deficit led to the adoption of new approach toward the public sector in 1991.

i) Integration of Indian people on the basis of common political interests. Promotion of friendship and harmony amongst the Hindus and the Muslims.

ii) The objective of the PMRY scheme is to provide employment opportunities via subsidised financing to the educated unemployed youth and women of the country by the setting up of lakhs of micro enterprises.

Human capital affects economic growth and can help to develop an economy by expanding the knowledge and skills of its people.The concept of human capital is the realization that not everyone has the same skill sets or knowledge. Also, the quality of work can be improved by investing in people's education.

Answer 2

Answer:

answer A )Price policy of public sector undertakings.

Under–utilisation of capacity.

Problems related to planning and construction of projects.

Problems of labour, personnel and management.

Lack of autonomy.