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Question
Examine the implementation of the Directive Principles in respect of this sphere:
Economic Welfare
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Solution
The implementation of the Directive Principles in respect of the given sphere is explained below:
Economic Welfare: A number of Land Reform Acts were enacted to provide ownership rights to the poor farmers. Nearly 200 lac acres of land had been distributed to SCs, STs, and the landless rural poor up to September 2001.
The banking policy has been improving, banking facilities in rural areas. Nationalised banks were liberal in advancing loans to poor farmers, artisans, and to the people who are keen interested in set-up cottage industries.
The Minimum Wage Act empowers the government to fix minimum wages for the employees engaged in various employments. The Equal Remuneration Act, 1976, provides for equal pay for both men and women for the same work or a work of similar nature. Different programmes were launched to boost rural employment. Swaranjayanti Gram Swarozgar Yojana (SGSY) launched in 1999, is now, the single largest self-employment programme for the rural poor.
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