The benefits of increased national wealth were not distributed fairly. In the process, it has only produced a few “enclaves of modernity and prosperity for a small minority at the cost of the majority.” Justify. (150 words) [UPSC 2017]
There are certain factors that need to be considered while choosing the right college. The factors are: 1) Placement records/ROI- If you are particular about your placement and starting packages/salary, then tier 1 colleges provide good placement and package post graduation, but if you aren't particRead more
There are certain factors that need to be considered while choosing the right college. The factors are:
1) Placement records/ROI– If you are particular about your placement and starting packages/salary, then tier 1 colleges provide good placement and package post graduation, but if you aren’t particular about it, then tier 2 or tier 3 colleges can be chosen. If the ROI is more in tier 1 colleges, then you should definitely go for that only.
2) Brand value– If colleges are to be recognised based on their brand value, then tier 1 colleges have more recognition and brand value as compared to tier 2 or 3 colleges, as tier 1 colleges open doors for opportunities that tier 2 or 3 colleges can’t. A degree from a tier 1 colleges is more valuable than that of a tier 2 or 3 colleges.
3) Cost Consideration – If the cost or the finance is the issue, and the course of tier 2 or 3 colleges is fulfilling, then go for tier 2 or tier 3 college only, if the course is not that fulfilling, then one must go for a loan and instead go for a better course in tier 1 colleges itself.
Both sides, and all of the above factors need to be considered and then the college with the most promising and affordable course( if that’s the issue) be chosen wisely.
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Increased National Wealth and Its Unequal Distribution The assertion that increased national wealth has led to “enclaves of modernity and prosperity for a small minority at the cost of the majority” is justified by examining recent socio-economic trends and disparities. Economic Growth and Wealth CoRead more
Increased National Wealth and Its Unequal Distribution
The assertion that increased national wealth has led to “enclaves of modernity and prosperity for a small minority at the cost of the majority” is justified by examining recent socio-economic trends and disparities.
Economic Growth and Wealth Concentration: While many countries, including India, have experienced significant economic growth, the benefits have not been equitably distributed. For example, India’s GDP growth has created considerable wealth, yet a large portion of this wealth remains concentrated among the elite. The rise of high-tech hubs like Bengaluru and Gurgaon, contrasted with widespread poverty in rural areas, illustrates this disparity.
Enclaves of Prosperity: Cities such as Mumbai’s Bandra-Kurla Complex or Delhi’s Connaught Place showcase modern infrastructure and luxury, but these areas are surrounded by underdeveloped neighborhoods where basic amenities are lacking. This polarization is evident in the growing income inequality, where the richest 1% of Indians hold a significant share of the nation’s wealth.
Impact on Majority: The majority, particularly in marginalized communities, often see minimal benefits from economic progress. For instance, despite national prosperity, rural areas struggle with inadequate healthcare and education facilities, underscoring the unequal distribution of wealth and resources.
In summary, the growth in national wealth has largely resulted in enclaves of modernity for a minority, while significant portions of the population remain deprived, highlighting the disparity in wealth distribution.
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