Maharashtra State Board Class 11 Economics Solutions Chapter 5 Rural Development in India
1. Complete the following Statements:
2. Choose the wrong pair:
Question (i).
A. Agricultural Credit | B. Requirement |
1. Short-term | (a) Purchase of fertilizers |
2. Medium-term | (b) To meet expenditure on marriages |
3. Long-term | (c) To buy a tractor |
Answer:
Wrong Pair: Medium-term – To meet expenditure on marriages
Question (ii).
A. Rural Occupational Structure | B. Activity |
1. Agricultural sector | (a) Banking and Insurance |
2. Industrial sector | (b) Processing of raw materials |
3. Service sector | (c) Computer-related service |
Answer:
Wrong Pair: Agricultural sector – Banking and Insurance
3. Assertion and Reasoning questions:
4. Identify and explain the concepts from the given illustrations:
5. Read the following passage carefully and answer the questions given below:
Rural development is one of the thrust areas of administration. As Mahatma Gandhi rightly said, “India lives in villages and the development of the nation cannot be achieved without the development of the villages”. The need of the hour is the convergence of all development interventions, at the grass-root level which can be possible through effective governance at the village level. The movement towards decentralization of the National and State governments through the Panchayati Raj system needs to be strengthened through lessons learned from the ‘successful stories of Model villages’ around India. Though India is progressing in the right direction in reducing education inequalities and increasing literacy levels, there is still a lot that needs to be done. An understanding of social issues is important for effective planning and policy development. Self-governance ensures that Indian citizens, even the previously marginalized, can participate in decision-making.
Questions 1.
Explain in short Mahatma Gandhi’s views on rural development.
Answer:
According to Mahatma Gandhi, “India lives in villages and the development of the nation cannot be achieved without the development of the villages.”
It means rural development is necessary for the development of the nation.
11th Economics Digest Chapter 5 Rural Development in India Intext Questions and Answers
Find out: (Textbook Page No. 34)
Information about the latest achievements of NABARD.
Answer:
NABARD plays a pivotal role in reducing regional inequality and help small farmers, marginal farmers, and weaker sections of society.
Achievements:
(i) Refinance – short term loans:
In the year 2017-18, NABARD sanctioned short-term credit limits of ₹ 55,000 crores for seasonal agricultural operations to financial institutions.
(ii) Refinance – long term loans:
In the year 2017-18, refinance of ₹ 65,240 crores has been provided to financial institutions to carry forward a wide gamut of activities comprising of farm and non-farm activities.
(iii) Rural Infrastructure development fund:
NABARD disbursed ₹ 24,993 crores in RIDF which has now contributed substantially to the rural infrastructure funding.
(iv) Pradhan Mantri Awaas Yojana – Grameen (PMAY-G):
NABARD released ₹ 7,329.43 crores in 2017-18 to the National Rural Infrastructure Development Agency (NRIDA). Financial assistance was further provided by PMAY-G that planned to provide houses with basic amenities to houseless households by 2022.
(iv) Food Processing Fund:
To promote the food processing industry the Government of India instituted a special fund in NABARD in the year 2014-15. However, as of 31st March 2018, 11 Mega Food Park Projects, one integrated Food Park Project and three Food Processing Units have been sanctioned.
(v) Watershed Development:
Watershed Development programmes in 27 states have been sanctioned as of 31st March 2018.
(vi) Tribal Development:
712 projects have been sanctioned covering ₹ 5.21 lakh tribal families. ₹ 2,121 crores have been provided for their development.