Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:

Which goal of planning emphasizes the reduction of inequality in the distribution of wealth?

Options:

Growth

Self-reliance

Equality

none of the above

Correct Answer:

none of the above

Explanation:

In addition to pursuing growth, modernization, and self-reliance, it is essential to prioritize equity. It is important that every Indian is able to fulfill their basic needs, including access to food, decent housing, education, and healthcare. Furthermore, efforts should be made to reduce wealth inequality and ensure a more equitable distribution of resources and opportunities. By focusing on equity alongside economic progress, a nation can strive to improve the lives of all its citizens and create a more inclusive society where basic necessities are accessible to everyone, regardless of their socio-economic background.