Day 29 – Q 1. What do you understand by ‘inclusive growth’? What are its dimensions? Discuss.
1. What do you understand by ‘inclusive growth’? What are its dimensions? Discuss.
क्य’समावेशी विकास’ से आप क्या समझते हैं? इसके आयाम क्या हैं? चर्चा करें।
Inclusive growth is economic growth that creates opportunity for all segments of the population and distributes the dividends of increased prosperity, both in monetary and non-monetary terms, fairly across society. (OECD)
Inclusive growth means economic growth that creates employment opportunities and helps in reducing poverty. It means having access to essential services in health and education by the poor. It includes providing equality of opportunity, empowering people through education and skill development. It also encompasses a growth process that is environment friendly growth, aims for good governance and a helps in creation of a gender sensitive society.
Dimensions of inclusive growth:
- Removing inequality
- Creating employment
- Reduction in poverty
- Health services
- Good governance
- Skill development
- Improvement in standard of living
- Environment friendly
- Regional disparities
- Human development
- Gender sensitivity
Note: Explanation for any of the 7-8 points is needed in 1-2 lines.
India has taken several steps to ensure inclusive growth, however several deficiencies like lack of political will, bureaucratic delays, leakages and improper coverage do exist in the implementation of the respective policies. Taking care of these deficiencies is thus imperative to the inclusive growth of the nation.
Best answer: The lion