Advertisements
Advertisements
प्रश्न
Explain the state's role in achieving the objective of social justice in less developed countries.
Advertisements
उत्तर
Role of state towards achieving the objective of social justice in less Developed countries.
- Reduction in Inequalities of Income: In less developed countries there exists vast inequalities in the distribution of income which are socially undesirable. The government can reduce these inequalities in the following ways:
- Through the policy of progressive taxation.
- Through the policy of transfer payments in favour of the poor.
- By providing subsidised food and other essential items to the poor.
- Welfare state: The government can also undertake the responsibility of the welfare state. Under the policy of welfare state, the government protects the individuals against various contingencies so as to guarantee people a minimum standard of living.
- Public Expenditure Policy: Under its expenditure policy, the government can incur expenditure to benefit the poor. Welfare measures like free education and medical facilities, social security schemes and provision of subsidised goods of common consumption like food can help the poor persons and thereby reduce income inequalities.
APPEARS IN
संबंधित प्रश्न
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
Monetary policy means regulation of money supply by the monetary authority.
Which of the statement is true for income tax?
Name any two instruments of Fiscal Policy.
Distinguish between fiscal policy and monetary policy.
An indirect tax is not always equitable. Give two reasons to support your answer.
Classify the following type of tax into direct and indirect taxes:
Income tax
Briefly explain why direct taxes foster civic consciousness among people.
State the four merits of a direct tax.
With reference to the taxation policy.
Differentiate between progressive and regressive taxes giving an example for each.
