An Analysis of Inclusive Growth Strategy's Progress in Ensuring the Equality Opportunity for All in India's Growth Process

Download or read book An Analysis of Inclusive Growth Strategy's Progress in Ensuring the Equality Opportunity for All in India's Growth Process written by Dr. S.R Keshava and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economic reforms were hurriedly implemented without doing any proper homework, nor taking any precautions and safety nets. The economic reforms did result in higher growth but it also increased the regional and income inequalities. The Government opened its eyes to the reality and noticed that Indian Growth is not inclusive. Hence inclusive growth was given the major priority in eleventh five year plan followed by faster, sustainable and more inclusive growth in twelfth five year plan in India.In India the Gini-coefficient percapita expenditure worsened from 32.5 percent in 1993 to 37.0 percent in 2010, the urban inequality in India is higher than its rural inequality. The poverty increased, but in order to dress it as reduced, government issued revised estimates adding 106 million persons to BPL list of 2004-05 in 2009-10! In agriculture, the Government on one hand stressed on 4 percent growth, but on the other hand, it reduced the public investment and subsidies to agriculture Employment generation always missed the targets due to the half hearted approach of Government. India lagged in the social development indicators. Malnutrition among children is twice higher than Sahara's desert of Africa. The quality of education is at its worst. The issue of environment has to tackled with clean and green modes of production and techniques.In order to attain inclusive growth, efforts should be to provide, the quality education to all the students, syllabus should be updated; equal access must be provided to public services, good honest transparent and effective governance etc. at the earliest. Inclusive growth is the need of the hour and proper steps should be taken to remove the hurdles in the way to pave way for inclusive economic development.