Critically examine the impact of the new economic policy on working class in India

Critically examine the impact of the new economic policy on working class in India. 

Perhaps, it can't be incorrect to define India because the land of poverty, illiteracy and inequality as many people are without access to basic necessities of life. it's pathetic to notice that despite poverty level being measured only on the idea of calorie requirement such huge numbers are under the clutch of below poverty level (BPL). Critically examine the impact of the new economic policy on working class in India The calorie requirements are fixed at 2400 k cal per capita for rural India and 2100 k cal per capita for urban India.

The poverty lines for the year 1993-94 are Rs 229 and Rs 264 per capita per month for rural and concrete areas respectively. However, Rs 228.9 and Rs 264.1 in 1993-94, not correspond to the expen­diture norms like 2400 k cal and 2100 k cal as per the definition of poverty level . the worth of consumption has been changed significantly. In food items its cost is far above that of non-food items. Secondly, thanks to penetration of urban businessmen or outsiders into the poor locals the worth of basic essential items has been increased far more .

Thirdly, due to the crises of avail­ability of cash the agricultural poor either sell themselves partly or fully to their respective dominant persons or sell their livelihood to them to migrate to other parts especially into urban belts for sake of employment as labourers. Critically examine the impact of the new economic policy on working class in India Fourthly, the relative prices of the essential goods are increased quite proportionately. as an example , the conditions of housing and transport in urban areas are deteriorated to the extent of forcing people to measure faraway from their places of labor and to spend on transport. Similarly, the agricultural labour force has got to migrate faraway from their village so as to urge work.

In India, poverty is measured only in terms of the calories intake for survival. It doesn't include other ‘essential expenditures’ of citizenry , i.e., clothes, shelter, health and medicine. It doesn’t attend see other ‘necessary expenditures’ of citizenry , i.e., education, housing, healthy food, etc. It doesn't include expenditures on “necessary of efficiency of life”, i.e., recreational, sports, and other miscellaneous expenditure for growing children.

Marx was perhaps right when he said that in capitalist world the person would be equated with machine (Marx, 1844). He would be given wages for survival as if the fuel was provided to machine for its survival.

Marx’s contention might not be fully true in democratic-industrial nations where the standard of opportunity is granted and where there's much concern about relative deprivation instead of absolutely the deprivation, but in India where there's mass poverty and inequality Marx’s viewpoint can't be ignored. Here in India a person isn't even given ‘basic necessities of life’ for his survival.

He cannot consider ‘necessary expenditures’ as his capability is insufficient even to the extent of filling up ‘essential expenditures’ for survival. it's pathetic to notice that albeit the “essential expenditures” of the existence isn't fully covered while measuring the poverty level by the govt , many people in India are under the clutches of poverty level .

According to committee , people under the BPL were reduced from 25.49 percentage in 1987 to 18.96 per cent in 1993-94 (Government of India, 1995, Economic Survey, 1995-96: 169). However, as per modified expert group methodology, Critically examine the impact of the new economic policy on working class in India the design Commission in its Ninth Five-Year Plan states the figure of BPL as 38.9 per cent for 1987-88 and 36 per cent for 1993-94 (Government of India, 1999, Ninth Five-Year Plan: 29), Hence, in contrary to its previous claim of reduction of poverty to 19 per cent in 1993-94, the design Commission agreed that the figure was actually double the previous, that is, 36 per cent in 1993-94.

The data indicates that despite non-inclusion of the all ‘essential’, ‘necessary’ and ‘efficiency’ expenditures quite 36 crore Indians are under the BPL. Therefore, if such expenditures were included, perhaps quite 75 crore Indians would are trapped under the poverty level .

This is primarily thanks to the growing inequalities of wealth and income and concentration of such within the hands of few elites. for instance , top 10 per cent of rural Indians owned 51 per cent of assets while bottom 10 per cent population of it owned only 0.1 percent in 1971 (Sixth Five-Year Plan: 8). The figures of such inequality are still persistent within the country.

Thus, most of the wealth is being owned by a couple of sections of society making the remainder go empty stomach. The worst of the more severe sufferers in India are the people belonging to the SCs, STs and MBCs of OBCs. Critically examine the impact of the new economic policy on working class in India They not only constitute the lower ladder in terms of class structure but also in terms of sophistication . In other words, the position of caste also in most cases signifies the position of sophistication . Hence, the wide gap between these lower ranked people as compared with others is clear from the subsequent Table 7.1

The poverty level of total population also includes the SCs and STs and thus , when the SCs and STs are excluded from such, the poverty level becomes around 22 per cent. This figure also does include other backward classes who as per government report comprise around 52 per cent of the entire population. Thus, the poverty level ratio of SCs, STs and OBCs are deducted from the overall poverty level ratio, it'll significantly become thinner.

In other words, it are often stated that the BPL comprises mostly the SC, ST and OBCs but some cases existing at individual levels among other sections of society can't be ruled out. The new policy has adversely affected the poorer as has been reported from various studies (Tendulkar and Jain, 1995; Gupta, 1994; Chandrashekhar and Sen, 1996).

It is known that the entire consumption of an individual or household consists of both private consumption and social consumption. Tendulkar and Jain’s concern in their paper was mainly on private consumption (Tendulkar and Jain, 1995). it's difficult to urge infor­mation of social consumption at the household level. Critically examine the impact of the new economic policy on working class in India However, many studies have shown that social sector expenditure declined consid­erably during the primary few years of reform period (Gupta, 1994; Guhan, 1995; Prabhu, 1994; Tulsidhar, 1993). These studies have shown that expenditure on health and education and other sectors have declined and it might affect the human development indicators. Decline in expenditure on important sectors like preventive health care was also noticed.

According to Sen, the structural adjustment acts adversely on the poor due to the policy induced rise within the relative price of food and contractionary stabilization policies to scale back inflation will cause contracting non-agricultural employment and falling wages within the organized sector (Sen, 1996; Sen, 1997).

Unni has also described the impact of structural adjustment on poor through review of literatures in his article (Unni, 1998). Martin Ravallion concludes “that policy reforms which entail a sustained increase in food prices are a threat to India’s poor within the longer term” (Ravallion, 1998). In another article Ravallion and Datt have studied that though the output growth within the primary sectors reduced poverty in both rural and concrete , the secondary sector growth didn't reduce poverty in either (Ravallion and Datt, 1996).

Jay Mehta has criticized Sukhatme’s assertion that in India daily calorie intake be reduced to 1800 k cal and lamented on the info released by 48th Round of NSS (NSS 48th Round, 1994) that only 97.3 per cent in urban and 92.3 per cent were getting two-square meals each day within the year 1992 (Mehta, 1982; Mehta, 1995). Mehta has narrated the poverty related death and other miseries from various corners of India like Maharashtra, Orissa etc., while the reform was fully swing (Mehta, 1995).

The recent poverty related death in various parts of Orissa especially from Kashipur – where to satisfy hunger, poor had to eat poisonous mango kernel, should be an eye fixed opener to those that profess that the economic process Critically examine the impact of the new economic policy on working class in India through new policy only would alleviate poverty. Unless and until the institutional structure prevailing within the social order is re-corrected through rigorous socio-legal reform, mere growth of economy isn't getting to do justice to the poor. due to the rigidity of structure and diverse inequality that exists within the country, the new policy would rather make poor more poor and rich more rich and thereby widening the rich-poor gap.

The global economic order, as per the info spelled out by various studies notably by International Bank for Reconstruction and Development , isn't bridging the gap between the rich and poor countries, rather widening it. “The average per capita income of the poorest and middle thirds of all countries has lost ground steadily over the last several decades compared with the typical income of the richest third. Average per capita GDP of the center third has dropped from 12.5 to 11.4 per cent of the richest third which of the poorer third from 3.1 to 1.9 per cent. In fact, rich countries are growing faster than poor countries since Indus­trial Revolution within the mid-19th century. A recent estimate suggests that the ratio of per capita income between the richest and therefore the poorest countries increased six fold between 1870 and 1985” (World Development Report 1999/2000).

According to World Development Indicators, 1998, the amount of poor people has risen worldwide, and in some regions the proportion of poor has also increased (World Development Indicators, 1998). By citing the info of World Development Indicators, 1998, world development report 1999/2000 brought out figures of individuals under poverty level – that's those living on less that $1 per day (World Development Report, 1999/2000).

According to such reports, poor people have slightly declined from 464 million to 446 million from 1987 to 1993 in East Asia and Pacific region. But during such period, of poverty people has risen in other parts of the world: from 2 million to fifteen million in Europe and Central Asia; from 91 million to 110 million in Latin America and therefore the Caribbean; from 10 million to 11 million in Middle East and North Africa; from 480 million to 515 million in South Asia and from 180 million to 219 million in Sub-Saharan Africa .

In percentage it declined marginally from 28.8 per cent to 26 per cent in East Asia and Pacific; from 4.7 per cent to 4.1 per cent in Middle East and North Africa; from 45.4 per cent to 43.1 per cent in South Asia. However, poverty increased from 0.6 per cent to three .5 per cent in Europe and Central Asia; From 22 per cent to 23.5 per cent in Latin America and therefore the Critically examine the impact of the new economic policy on working class in India Caribbean and from 38.5 per cent to 39.1 per cent in 846 Saharan Africa. Similarly, the document also reported the decline of anticipation from some countries like Russia , Kazakhstan, Zimbabwe, Uganda, Rwanda and Zambia from 1980 to 1997 (World Development Report, 1999/2000).

The widening of economic disparities and global climate change are two serious factors impeding progress towards the UN Millennium Development Goals, as has been noted by the UN Millennium Devel­opment Goals Report 2007, released on 2 July, 2007 at New Critically examine the impact of the new economic policy on working class in India Delhi . consistent with it almost 30 per cent of population of South Asia lead life with a dollar per day. There are disparities within the countries – rural-urban, women and youngsters and various groups. there's low progress in child nutrition and highest number of maternal deaths occurs in South Asia and Sub-Saharan Africa .

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