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Among the economic groups, which of the following groups are the most vulnerable groups in India?
  • a)
    Rural agricultural labour households and urban casual labour households
  • b)
    Farmers with 1-hectare land
  • c)
    Urban small shopkeepers
  • d)
    Urban daily wages
Correct answer is option 'A'. Can you explain this answer?
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Among the economic groups, which of the following groups are the most ...
Economic vulnerability refers to the susceptibility of a household or individual to economic shocks and uncertainties. In India, the most vulnerable groups are:

Rural agricultural labour households and urban casual labour households:
• These households are dependent on daily wages for their livelihoods and have limited or no job security.
• They are often forced to work in exploitative conditions and have low bargaining power.
• They have limited access to social protection schemes and are more likely to fall into poverty during economic downturns or natural disasters.

Farmers with 1-hectare land:
• These farmers have small landholdings and are often unable to invest in modern farming techniques or machinery.
• They are dependent on erratic rainfall and are more vulnerable to crop failures and price fluctuations in the market.
• They often have limited access to credit and insurance facilities, making it difficult for them to cope with economic shocks.

Urban small shopkeepers:
• These shopkeepers operate small businesses in urban areas and are often located in low-income neighborhoods.
• They have limited resources to expand their businesses and are vulnerable to competition from larger retailers.
• They are also vulnerable to economic downturns and natural disasters that can disrupt their business operations.

Urban daily wages:
• These workers are employed in the informal sector and have no job security or social protection.
• They are often paid low wages and work in unsafe conditions.
• They are vulnerable to economic shocks and natural disasters that can cause a loss of income and push them into poverty.

In conclusion, the most vulnerable economic groups in India are those who are employed in the informal sector, have low job security, and limited access to social protection schemes. These groups are more susceptible to economic shocks and natural disasters, which can lead to poverty and economic insecurity.
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Among the economic groups, which of the following groups are the most ...
Correct answer is A rural agriculture labour households and urban labour households
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Read the text given below and answer the following questions:In our daily life, we come across many people who we think are poor. They could be landless labourers in villages or people living in overcrowded jhuggis in cities. They could be daily wage workers at construction sites or child workers in dhabas. They could also be beggars with children in tatters. We see poverty all around us. In fact, every fourth person in India is poor. This means, roughly 270 million (or 27 cror e) people in India lived in poverty in 2011-12. This also means that India has the largest single concentration of the poor in the world. Since poverty has many facets, social scientists look at it through a variety of indicators. Usually the indicators used relate to the levels of income and consumption. A person is considered poor if his or her income or consumption level falls below a given “minimum level” necessary to fulfill basic needs. What is necessary to satisfy basic needs is different at different times and in different countries. Therefore, the poverty line may vary with time and place. Each country uses an imaginary line that is considered appropriate for its existing level of development and its accepted minimum social norms. The proportion of people below the poverty line is also not the same for all social groups and economic categories in India. In poor families all suffer, but some suffer more than others. Women, elderly people and female infants are systematically denied equal access to resources available to the family. Therefore women, children (especially the girl chil d) and old people are the poorest of the poor.Q. In economic groups, the most vulnerable groups are

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Among the economic groups, which of the following groups are the most vulnerable groups in India?a)Rural agricultural labour households and urban casual labour householdsb)Farmers with 1-hectare landc)Urban small shopkeepersd)Urban daily wagesCorrect answer is option 'A'. Can you explain this answer?
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