PLCP 3630 Lecture Notes - Lecture 13: National Rural Employment Guarantee Act, 2005, News, Human Capital
20 Oct 2016
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Document Summary
Place a premium on maximizing growth -- rising tide will lift all ships. As india"s growth increases, so will government revenues. But fear is that india could become a premature welfare state. As growth increases tax revenues, invest in social services. Tensions in kashmir are up - attacks on soldiers; militants. Poverty alleviation makes economics & politics more equitable. Sen and dreze approach wastes resources and promotes corruption. India would be better off maximizing growth before expending social welfare programs. Slowdown in the rate of poverty increase. Constitution gives everyone the right to gainful employment - inspired. Guarantee to every household that they should be able to get 100 days of work a year in manual labor at minimum wage. Legislative act passed by parliament - right up through secondary education. Similar to foia - guarantees all indian citizens the right to ask/receive a response on government policies. Probably the largest publics work program in the world.
