Mains Question:
Question: Discuss how rural India is facing financial distress and also examine the steps to ease the situation of financial distress of Rural India? (150 words)
Question Mapping
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- Introduction: Initiate the discussion with a report specifying financial crisis in Rural India.
- Enumerate the reasons for financial distress like
- Monsoon failure
- Droughts, floods, cyclones, etc.
- Institutional and non-institutional loans
- Inflation
- What can be the steps taken to ease their situation
- Agricultural crop security
- Increased financial assistance through MGNREGA scheme
- Easing inflation in India
- Also discuss other schemes of government for supporting Rural India financially.
- Conclude with the upliftment and socio-economic development of Rural India.