INCLUSIVE GROWTH


What is Inclusive Growth ? 

Inclusive growth is growth process which yields broad based benefits and ensures equality of oppertunity for all. Economic groeth that is fairly distributed among every section of the society.

Dimensions of Inclusive Growth


According to former PM Manmohan singh , the key components of the inclusive growth strategy included a sharp increase in investment in rural areas, rural infrastructure and agriculture spurt in credit for farmers , increase in rural employment thrugh a unique social safery net  and a sharp increase in public spending on education and health care.

Social : Affordable Education

              Quality Health care

               Social Equal treatment

               Gender Parity

               Regional Parity

 

Economic : Financial Literacy and Inclusion

                     Agricultural Development

                     Quality employment

                      Connectivity and Communication

                      Resilience to External shocks

 

Polity :  Long term Perspective and Planning

               Transparent and Efficient Governance

               Safe Borders

                Zero corruption

 

Environmental : Reduction of wastage

                              Sustainable Development

                              Protection of flora and fauna

                         

Stakeholders : Government

                           Private sector

                           NGOs

                           Civil Society

                           Media

Challenges Of Inclusive Growth : Main challenges of the inclusive gorwth in India are corruption ,red tape, age old social barries and lack of transparency. Growth is not uniform in  across sectors and large section of people remain outside of its perview. 

Conclusion :  Inclusive growth is essential for sustainable growth and impartial allocation of wealth. Elimination of child labour, women empowerment , removal of caste barriers and improvement in work culture are just a few of the things the Indian society needs to change. Good Governance will ensure that India achieves what it deserves.