Instruction:
Question #1. Gandhian “Swaraj” and Kalam’s “PURA” still remain viable models of Rural governance. Comment. 10 marks (150 words)
Question #2. “Municipal Bonds” is an innovative idea to augment resources for the Urban Local Bodies. Comment. 15 marks (250 words)
(Examiner will pay special attention to the candidate's grasp of his/her material, its relevance to the subject chosen, and to his/ her ability to think constructively and to present his/her ideas concisely, logically and effectively).
STEPS & INSTRUCTIONS for uploading the answers
Step 1 - The Question for the day is provided below these instructions. It will be available at 7:00 AM.
Step 2 - Uploading of Answers : Write the answer in A4 Sheet leaving proper margins for comments and feedback and upload the PDF in MY ACCOUNT section. Click on the option of SUBMIT COPY to upload the PDF.
Step 3 - Deadline for Uploading Answers: The students shall upload their answers by 7:00 PM in the evening same day. The first 50 copies will be evaluated.
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Question #1. Gandhian “Swaraj” and Kalam’s “PURA” still remain viable models of Rural governance. Comment. 10 marks (150 words)
Approach:
Mahatma Gandhi: The aspiration for self-reliant development at the village level began with the Gandhian model of Swaraj.
– He visualised a comprehensive programme of constructive work, which included economic self-reliance, social equality and a decentralised political system at the village level.
– Village being the lowest unit of a decentralized system, politically a village has to be small enough to permit everyone to participate directly in the decision-making process.
APJ Abdul Kalam:Kalam, the missile man, had his own model for rural development, called Providing Urban Amenities in Rural Areas (PURA).
While this model would promote some rural-rural migration would be acceptable, rural to urban migration would be minimised.
Question #2. “Municipal Bonds” is an innovative idea to augment resources for the Urban Local Bodies. Comment. 15 marks (250 words)
Approach:
Municipal bonds are debt securities issued by government or semi-government institutions who need funding for civic projects. Normally, they are issued and redeemed at par and carry a fixed interest rate.
There are two types of municipal bonds o General obligation bonds are issued for enhancing civic amenities such as water, sanitation, garbage disposal, etc. They generally are not backed by revenue from a specific project.
Need for Municipal Bonds
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