DS

Dr. Sachin B L· 2023

Question 5GS3GS1

Inequality has become a major challenge to inclusive growth in India. In this context, elaborate on the reasons for rising economic inequality in India. Also suggests measures required to reduce economic inequality in India. (Answer in 150 words) 10 marks

Open scan (p.15)
AnswerStrengthsGapsKeywords

Introduction

According to UN, Inequality is the state of not being equal, typically in status, rights & opportunities. It is indeed biggest challenge to inclusive growth.

25 words

Main Body

Data: According to World Inequality Report 2022, India ranks among most unequal among G20 nations. Oxfam report 2022 → 1-1 of richest owns 40% of wealth. Reasons for rising economic inequality: 1) Historical constraints: Impact of 200 years of colonisation showed and imbalanced regional growth & 2) Human capital constraints: (low human capital) followed by widow cycle (low factory) → (low economic opportunity) → (low productivity) → Measures to reduce economic inequality

3Gro structural constraints: 25-101 of India economy is unorganised & informal without adequate social security & wages for all labours. 4) Social constraints: Age old social with caste based employment, gender discrimination, etc. 5) Technology & knowledge economy: replace memes with poor skills & rewards higher skills increasing inequality gap. Measures to reduce economic inequality: 1) Financial inclusion: schemes like J-A-M trinity, PM Kisan Mandhan Yojana, etc. 2) Social protection: National level social security scheme must be strictly implemented (G) Atal Pension Yojana, etc. 3) Support Entrepreneurship: creation of job provider not job seekers. (G) PM Mudra Yojana 4) Human resource development & social capital investment (G) Ayushman Bharat, etc. Therefore government can adopt innovative measures like Universal Basic Income, ishan unemployment scheme, etc

— Dr. Sachin B L

197 words1 paragraphs

Diagram

Diagram shows a cycle: 'low human capital' connected to 'widow cycle' with arrows pointing to 'low factory', 'low economic opportunity', and 'low productivity', illustrating the interconnected nature of inequality factors

  • Strong use of data and reports (Oxfam, World Inequality Report)
  • Clear UN definition of inequality
  • Identification of historical and structural causes
  • Visual representation of human capital cycle
  • Reference to G20 context

Open original scan

Page 15

Steal this copy's techniques PremiumAI pulls out the reusable moves — pick the ones you want as flashcards
Compare my answer PremiumSee where this topper beats you

Topper

Dr. Sachin B L

2023

Subject & Paper

GS3GS1

Topic

Economic Development

Inequality and Inclusive Growth

Reasons for Economic Inequality in India

Writing Stats

222

Total words

1

Paragraphs

Analytical and research-based

Tone

Linked PYQ

7. (a) वेदान्तानुकूलम् अज्ञानस्वरूपं 150 परिमितेषु शब्देषु प्रतिपादयत। 15 Explain the concept of Ajñāna according to Vedānta in 150 words. (b) सांख्यदर्शनानुसारं प्रकृति-पुरुषयोः साधर्म्यं वैधर्म्यञ्च 150 परिमितेषु शब्देषु लिख्यताम्। 15 Discuss similarities and differences between Prakṛti and Puruṣa according to Sāṃkhya Philosophy in 150 words. (c) प्राचीन-भारते आयुर्विज्ञानम् इति विषये 250 परिमितेषु शब्देषु निबन्धो लेख्यः। 15 Write an essay in 250 words on Medical Science in Ancient India. (d) शून्यवादस्य कोऽर्थः बौद्धमते? 5 What is Śūnyavāda according to Buddhist Philosophy?

50M2014प्रतिपादयत