In Economic Survey 2018-19, the term ‘BADLAV’ is for:
- AOption (a)
Cleanliness
- BOption (b)
Girls
- COption (c)
Boys
- DOption (d)
Poor
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Correct answer
Girls
Why this answer is correct
The correct answer is Girls.
- In Economic Survey 2018-19, the term ‘BADLAV’ is for girls.
- The theme of Economic Survey, 2018-19 is "Shifting Gears towards a $5 trillion Indian economy by 2024-25”.
- The survey has drawn on Nobel Laureate Richard Thaler’s Behavioural Economics Theory to lay out an “ambitious agenda" for behavior change that will bring in social change, which in turn, will help India transit to a $5 trillion economy by 2024-25.
- It pitches for behavioral change by applying the principles of behavioral economics to several issues including gender equality, a healthy and beautiful India, savings, tax compliance, and credit quality.
- This includes a transition from ‘Beti Bachao Beti Padhao’ to ‘BADLAV’ (Beti Aapki Dhan Lakshmi Aur Vijay Lakshmi), from ‘Swachh Bharat’ to ‘Sundar Bharat’, from ‘Give it up” for the LPG subsidy to ‘Think about the Subsidy’ and from ‘Tax evasion’ to ‘Tax compliance’.
Economic Survey:
- The Economic Survey is prepared by the Economics Division of the Department of Economic Affairs in the Finance Ministry under the overall guidance of the Chief Economic Adviser.
- The survey was de-linked from the Budget in the year 1964 and is circulated in advance to provide the context of the Budget.
- India’s first Economic Survey was presented in the year 1950-51.