How has the New Approach to Welfare Paid Off
Impact of New Welfare Approach
Quality of Life Improvement
- The new welfare approach has led to a substantial improvement in the quality of life for Indians.
- According to NITI Aayog, 13.5 crore Indians escaped multidimensional poverty between 2015-16 and 2019-21.
Health and Education Improvements
- National Family Health Survey data (2019-21) shows increased access to electricity, drinking water, sanitation, clean fuel, etc.
- Decline in maternal mortality ratio and improvement in female Gross Enrollment Ratio (GER) in higher education.
Economic Inequality Reduction
- Fiscal transfers through welfare schemes significantly lower economic inequality.
- The approach of "empowering welfare" has expanded over the last ....
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What Made The Indian Economy Resilient?
- 1 Domestic Economy
- 2 Government Initiatives
- 3 Reform Push to the Indian Industry
- 4 Digital Infrastructure and Delivery of Citizen-Centric Services
- 5 Evolving Financial Markets to Support the Investment Needs of a Growing Economy
- 6 Safeguarding Macroeconomic Stability
- 7 Human Resources - Dovetailing Growth with Welfare
- 8 A New Approach to Welfare
- 9 Women-led development: Tapping the Gender Dividend for India@100
- 10 Employment Situation in the Past Decade
