Question
Download Solution PDFGrowth, as envisaged in the five-year plans, refers to:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is increase in the country’s capacity to produce the output of goods and services within the country.
Key Points
- Growth focuses on improving the overall economic development of the country, targeting increased production and income levels.
- Emphasizes building and enhancing infrastructure, such as transportation, energy, and communication, to support industrial and agricultural growth.
- Aims to promote specific sectors, including agriculture, industry, and services, to achieve balanced and sustainable growth across the economy.
- Growth strategies are designed to create job opportunities, reducing unemployment and improving living standards for the population.
- Encourages efficient and sustainable use of resources, promoting technological advancements and innovation to enhance productivity.
Additional Information
- Improvement in the state of equity in the country
- Equal access to quality education and diverse job opportunities for all.
- Reducing income inequality through progressive policies and social safety nets.
- Ensuring affordable, universal healthcare, particularly for marginalized groups.
- Reforming legal systems to ensure fair treatment and equal rights for everyone.
- Improvement in the level of education and primary health in the country
- Ensuring every child has access to free and quality primary education, especially in rural and underserved areas.
- Improving teacher qualifications, providing modern learning materials, and integrating technology in classrooms.
- Building more health centers and increasing access to essential services like vaccinations, maternal care, and child nutrition.
- Increasing public spending on education and healthcare to improve infrastructure, services, and overall quality.
- Self-reliance in producing all goods and services it requires, within its geographical boundaries
- Strengthening local industries to produce essential goods, from consumer products to industrial equipment.
- Boosting domestic food production through modern farming techniques and sustainable practices to reduce reliance on imports.
- Investing in renewable energy sources and local energy production to meet national power needs.
- Developing a highly skilled workforce through education and vocational training to support local innovation and industries.
- Building robust transport, communication, and logistical networks to support the efficient movement of goods and services within the country.
Last updated on May 28, 2025
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