Question

1. Provide some suggestions as to how the key development challenges associated with population and migration in the country could be addressed with an emphasis on the development finance perspective.

Answer 1

The problem of migration can be attributed to lack of employment in their native area and lack of support services by various governments which will generate employment for them in the native area so company needs to to be promoted in order to establish their units in these areas so that there is less migration

There is a need for promotion and establishment of trade in the relevant native areas in order to promote the industries and generate a lot of employment in order to eliminate the migration in the area so that it will cut on various kinds of costs and it will also helps in larger savings and into the overall disposable income and increasing the money flow into the economy leading to overall increase in the domestic gross domestic product.

the problem of migration can also be solved through various incentive programs by State Government which will encourage the labour to to work for their own state and the state governments should be providing them with excessive wages in order to keep them intact to their native places and not let them go out of their native places

it will help in boosting the local supply chain as well as local companies and it will overall add to the income of various labourers and it will definitely increase the supply chain leading to the increase the gross domestic product.