Impact of NEP on India's society Flashcards
1
Q
Natural resource extraction
A
- An intensification of unsustainable practises on the land in rivers, in oceans and in forests
- Pressure to export led the Indian government to give clearance to 82 companies for marine fisheries which subsequently led to the introduction of 255 deep sea fishing trawlers
- Fish exports increased from 266 million to 1 bn
- Kothari,S.1997)
2
Q
Impact of NEP on rural Dalit women
A
- Loss of jobs due to neoliberalism
- The agroprocessing industry where lots of women work is being taken over in large numbers MNC such as Kellogs, Pepsi, nestle (Ganguly,Scrase.2003)
- Import of moder tech in this area reduces amounts of jobs
- Major concerns of women under the liberalisation process include reduced employment opportunities in the formal sector (Ganguly.Scrase.2003)
- Rural Dalit women struggle to get water as large MNC’s exhaust water supplies (Naidu,G.2006)
3
Q
Agrarian crisis
A
- Opening up to the market in 1991 has meant that the market is now open to low cost grain from the north (Banerjee-Guha.2013)
- Putting many farms out of business (Banerjee-Guha.2013)
- This is a huge problem as 74% of the Inidan population live in villages and are reliant on their farmlands as their livelihoods
- Furthermore quality of farming produce is drastically impacted by toxic sludge (Brown,P.2003)
- Exhaust water supplies also (Brown,P.2003)
- In Plachimada
4
Q
Lack of trickle down
A
- Benefits of FDI have a very small likelihood of tricking down
- For example in the software industry
- Income of the High tech industry are empt from the 38.5% income tax
- High tech companies do not have to pay the 40-60% custom duties on computers
- Upadhyay,U.2000)
- Loss of valuable revenue that could have been invested into social welfare
- New capital comes in is likely to go into the production of goods that have a greater purchasing power where the majority of profits lie. This neglects the bulk population in India therefore intensifying inequality (Naidu,G.2006)
5
Q
Issues of inflation
A
- inflation hits the poor the most their already low purchasingg power is reduced and their income does nor rise with inflation (Mathew,G.1995)
- Rate of inflation reached a peak of 16.7% (Madan,D.1995)
- Inflation largely down to increases in food prices, power and lubricants (Ghosh,Dhar. Swammy.1995)
- Tribal regions such as Orissa, Bihar and Madya Pradesh have food available however they cannot afford (Mathew,G.1995)
6
Q
Corrupt
A
- majority of many goes into cities such as Mumbai to create world class infrastructure in attempt to be more globally competitive (banarjee-Guha.2013)
- Rather than into struggling rural areas such as Bihar
