Print Friendly, PDF & Email

9) Some economists argue that in addition to free market forces, state intervention, even if forcible, is necessary to improve economic growth and development. Do you think is it right for government to forcibly acquire land and other resources for the welfare of larger population? In the light of experience of some of Tiger economies of Eastern Asia on this front, critically comment if India should follow their example.

Topic: Indian economy – growth and development; Effects of liberalization on the economy

9) Some economists argue that in addition to free market forces, state intervention, even if forcible, is necessary to improve economic growth and development. Do you think is it right for government to forcibly acquire land and other resources for the welfare of larger population? In the light of experience of some of the Tiger economies of Eastern Asia on this front, critically comment if India should follow their example. (200 Words)

Livemint