< Previous | Contents | Next >
♤ Substantive: These are policies related to general welfare and development of the society, the programmes like provision of education and employment opportunities, economic stabilization, law and order enforcement, anti-pollution legislation.
♤ Regulatory: These are concerned with concerned with regulation of trade, business, safety measures, public utilities. Organizations like LIC, RBI make these regulations on behalf of the government.
♤ Distributive: These are meant for specific segments of society and are related to area of grant of goods, public welfare or health services. Examples include adult education programme, food relief, social insurance, vaccination camp etc.
♤ Redistributive: The Redistributive policies are concerned with the rearrangement of policies which are concerned with bringing about basic social and economic changes. Certain good and services that are divided disproportionally are streamlined.
♤ Capitalization: Under this policy, financial subsidies are given to state and local governments by Union governments.