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Economics · 2023 · 4 marks
Comparative Development Experiences of India and its NeighboursDevelopment Strategies — An Appraisal4 marksUnderstandshort answer
CBSE 2023 · Region 1 · Set 1 · Q30
Explain valid reasons for the slow growth and re-emergence of poverty in Pakistan.
Marking-scheme solution
The reasons for the slow growth and re-emergence of poverty in Pakistan are:
• Agricultural growth and food supply situation were not based on institutional process of technical change but on good harvest. Hence, Pakistan faced a volatile performance in the agriculture sector.
• Overdependence on remittances and foreign aid on the one hand and increasing difficulty in paying back the loans on the other.
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