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Industrialism is argued as the cure through expanding economic multiplicity, training infrastructure, research and technical education, and modernization of agriculture and handicrafts. The strategy for the next stage balances caution with bold planning for tomorrow’s safeguards. Capital is positioned as the central enabling force, culminating in the call for foreign capital 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institutions.",{"name":118,"@type":109,"acceptedAnswer":119},"What role does capital play in the proposed transformation?",{"text":120,"@type":112},"The document emphasizes capital operating in terms of crores as the chief driver for creating occupations and careers, and it links the needed wealth to both domestic capacity and foreign 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TARGET\n\nORIGINAL MATERIAL AS FILMED-EXISTING BIBLIOGRAPHIC RECORD  \nReproductons may no b mado without permison rom Coumbla Unerstyubrares             \n## RESTRICTIONS ON USE:\n\n# TECHNICAL MICROFORM DATA\n\nFILM SIZE:          35mmREDUCTION RATIO:            9:1  \nIB  \nIIB  \nDATE FILMED:                   3/ INITIALS:         IM  \nTBACKING\\#:                                                                                                  sH21  \nFILMED BY PRESERVATION RESOURCES,BETHLEHEM,PA.  \nA SCHEME OF  \n# ECONOMIC DEVELOPMENTFORYOUNG INDIA\n\n308.  \nz  \nox317   \nA SCHEME OFECONOMIC DEVELOPMENTFORYOUNG INDIABYBENOY KUMAR SARKAREditor,“Arthik Unnati”(Journal of Economicstheoretical and applied)Membre corregondent de la Societe d EconomiePolitique de Paris.CALCUTTAORIENTAL LIBRARY25/2,Cornvallis Stree1926  \nPUBLISHERS’PREFACE  \nThe scheme of economic development forYoung India by Professor Benoy Kumar Sarkarappeared in the Modern Reviewo for July 1925while the author was living at Bolzano in Italy.Although it is being published as one of thechapters in a volume of essays on appli-ed economics entitled Economic Development(B.G.Paul &Co.,Madras)it has been consider-ed necessary to issue the material in a pamphletform in order to meet the requirements ofreaders such as are interesting themselves inthe immediate agricultural,industrial andcommercial possibilities of India.  \nPrice Annas Four  \nCALCUTTA  \nFebruary,1926.  \nA Scheme of Economic Developmentfor Young India  \n## A.THE ECONOMIC CREED\n\nPoverty as Unemployment  \nPoverty in India today is not so much aresultant of iniquities in the“distribution”ofwealth as of the dearth or want of creativeoccupations.It is more a universal phenomenonsffecting,as it does,all the classes of the peo-ple than,as is the case in the more advancedeountries of Fur-America,a bye-product of theexploitation of one class by another.  \n7  \nThe Indian poverty problem is to be envisag-ed]as,essentially speaking,a question of un-employment on a vast,continental scale.Howto combat this huge unemployment or,in otherwords,to create myriads of employments,profes-sions or careers and add to the stream of valuesis the problem of the poverty-doctor.This isthe task that economic development seeks tosolve.  \n## Industrialism the Oure for Poverty\n\nTheoretically,the doctoring is quite simple.Let the economic activities of the people grow  \n4  \nin multiplicity,and naturally also in diversity,  \ni.e.let the production of wealth increase on allfronts,and millions of men and women will beginautomatically to function as industrial workers,and hundreds of thousands as\"engineers,chemistsbank-managers,insurance-agents,offce-clerks andwhat not.The factories and workshops will becompelled in their own interest or through pres-sure from the people and the government to openelementary as well as vocational schools for thetraining of apprentices,and research inatitutesas well as technical colleges for the supply ofdirectors and experts.  \n7  \nAnd of course agriculture will be relievedof the burden of maintaining teeming millionsand adjust itself to the redistribution in population as well as pick up much of the science andtechnology afloat in the atmosphere.Simul-taneously will the handicrafts commence shed-ding their“primitiveness”and rise to the level ofsubsidiary industries such as are adapted to thenew age of large and medium production.Inother words,industrialism is the cure for poverty,for it is nothing but industrialism that is pre-supposed by this great consummation.  \nAdd to this,in order to mention the furthest  \n5  \nlogieal consequenees,that the villages will growinto manicipal areas.The sanitary and culturaloonditions of the people both in town and countrywillimprove.Individuality,manhood,denocracy,political self-consciousness and economie ener-gism will be t","cbCaiaon7dFbBCVq","https://ap.wps.com/l/cbCaiaon7dFbBCVq","pdf",2064925,34,"English","# BIBLIOGRAPHIC MICROFORM TARGET\n## ORIGINAL MATERIAL AS FILMED-EXISTING BIBLIOGRAPHIC RECORD\n## RESTRICTIONS ON USE:\n## TECHNICAL MICROFORM DATA\n## PUBLISHERS’ PREFACE\n# A Scheme of Economic Development for Young India\n## A.THE ECONOMIC CREED\n## Poverty as Unemployment\n## Industrialism the Oure for Poverty\n## The Strategy of the Nezt Stage\n## The Role of Capital\n## Foreign Capital a God send","[{\"question\":\"How does the document define poverty in India?\",\"answer\":\"Poverty in India is described less as an outcome of unequal distribution of wealth and more as a lack of creative occupations, effectively presenting it as large-scale unemployment.\"},{\"question\":\"Why is industrialism presented as the solution to poverty?\",\"answer\":\"Industrialism is argued to expand economic activities in multiplicity and diversity, increasing production and generating automatic employment across industries and technical roles, alongside training and research institutions.\"},{\"question\":\"What role does capital play in the proposed transformation?\",\"answer\":\"The document emphasizes capital operating in terms of crores as the chief driver for creating occupations and careers, and it links the needed wealth to both domestic capacity and foreign investment.\"}]","A Scheme of Economic Development for Young India | PDF",86]