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प्रश्न
Explain the state's role in achieving the objective of social justice in less developed countries.
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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.
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संबंधित प्रश्न
Monetary policy means regulation of money supply by the monetary authority.
Identify the tax which is most likely to faster civic conciousness.
The major objective of monetary policy is ______.
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
Citing reason state the advantage of a progressive tax over proportional tax.
Briefly explain why direct taxes foster civic consciousness among people.
Explain how indirect taxes can be inflationary.
State two differences between income tax and commodity tax.
Explain the term Impact of a tax.
Explain the term Incidence of a tax.
