DTF.com.au

How can the New economic policy be modified to help the poorer sections in India?

Public Comments

1. The "New" Economic policy does not aim to help the poorer sections. It aims to maximize profits for the capitalists, so that they invest more in luxuries. The only means to help the poorer sections is to extend the concessions, especially in the subsidized prices of rationed articles of necessity, to the poor. The present method is to draw an largely arbitrary, but pretentiously quantified "Poverty Line", and extend the benefits to only those who are "below" it. But govt., constantly revise it so that less and less numbers are in the category of "B(elow)P(overty)L(ine)". The policy, according to the dictats of the World Bank and International Monopoly Capitalism, is to reduce the subsidies involved in such concessions, so that the poor are sacrificed to maximize the profits of the rich. In summary, the answer to your question: "The New Economic Policy does not contemplate help to the poorer sections. It cannot be modified in order to do so. Some of its criteria have to be abandoned, so that humanitarian needs, subsidized supplies of essential articles, assurance of full employment at reasonable wages, and access to common goods and services are provided, irrespective of who invests what and where".