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★ 1) Some of the economists in the above category are also advocating

acceleration of investment in infrastructure. No sensible person will oppose
additional efforts to build infrastructure which continues to remain awful
deficient in our country.

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★ 2) But, while talking about infrastructure, these economists mean

only physical infrastructure and that too large projects only in the
field of transport and energy.

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★ 3) Besides, we must remember that investment in physical in

frastructure is so labour intensive as that in other sectors and that
large scale projects in this field have long gestation periods.

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★ 4) They holded no meetings for investment in human infrastructure,

particularly in education and health.

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★ 5) In this connection, he has singled out the mechanisms of the

Mahatma Gandhi National Rural Employment Guarantee Act and direct
income transfers.

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★ 6) Abhijit Banerjee, a co-winner of the Nobel Prize in Economics, has

been one of the few economists making a case for transferring in
come to poor who are likely to spend the additional income to buy
goods and services, an enhanced production of which officers the
best chance for reversing the current slowdown.

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★ 7) But, even he has not mentioned the potential of investment in

social sectors for creating demand in the short run by way of opening
avenues for large scale employment, and imparting competitive and
sustainability to the Indian economy in the medium and long run.

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★ 8) No mainstream economist or policymaker has come out with a

suggestion for enhancing expenditures in these kind of sectors.

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★ 9) It had been widely recognised that the social sectors in India are
grossly underfunded.

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★ 10) On the contrary, they have made expenditure in social sectors

conditional upon higher rate of growth.

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Solutions-:
1) awful replace by awfully
2) large projects only replace by only large projects
3) so labour replace by as labour
4) holded replace by held
5) No Error
6) to poor replace by to the poor
7) competitive replace by competitiveness
8) these kind replace by this kind or these kinds
9) are replace by were
10) higher replace by high
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