This is an interesting topic to discuss. In this context, a human might say something like this:
India is a developing country with a large population and diverse socio-economic conditions. The government has launched various welfare schemes to address the needs of the poor and underprivileged sections of the society, such as Pradhan Mantri Gram Sadak Yojana, Rashtriya Swasthya Bima Yojana, Antyodaya Anna Yojna, and Bharat Nirman. These schemes aim to provide basic amenities, health insurance, food security and rural infrastructure to the beneficiaries.
However, welfare schemes alone are not enough to ensure inclusive and sustainable development. India also faces the challenges of high inflation and unemployment, especially in the aftermath of the Covid-19 pandemic. According to the Centre for Monitoring Indian Economy (CMIE), India's unemployment rate was nearly 8% in December 2021, which is higher than most emerging economies. The inflation rate was also above 5% in April 2022, which erodes the purchasing power of the consumers and affects their living standards.
Therefore, India needs deft management of inflation and unemployment to serve the poor and underprivileged sections of the society. Some possible measures that could be taken are:
Enhancing the quality and quantity of education and skill development programmes to create a more employable and productive workforce.
Promoting entrepreneurship and innovation to generate more employment opportunities and boost economic growth.
Strengthening the social safety nets and providing adequate relief and support to the vulnerable groups affected by the pandemic.
Adopting a prudent fiscal and monetary policy to balance the objectives of growth, inflation and fiscal deficit.
Improving the governance and implementation of the welfare schemes to ensure that they reach the intended beneficiaries and are not misused or corrupted.