Analyse the factors that have contributed to India's inclusive economic growth in the past decade. (Answer in 150 words)
Main Body
Per UNDP, inclusive growth is such growth in which all groups participate in it the benefits of which are shared among all in an equitable manner. Factors responsible for India's inclusive growth (1) Financial inclusion by expanding access to banking services EG So crore + bane accounts under PMJDY, SSA held by women (2) Addressing regional disparities EG Aspirational districts programme (3) Expansion of access to digital financial services like UPI, RuPay EG 26 crore + RuPay cards issued (4) Access to credit, promoting entrepreneurship EG PM MUDRA Yojana (5) Differentiated banking to expand access to banks (Nochalet for committed) EG Payment banks, SFBs (6) Health care coverage under AB-PMJAY (7) 67% of population getting subsidized food grains under NFSA (8) Various skill development programmes EG PMKVY, Skill India (9) Creation of jobs → Make in India, National Manufacturing Mission
— Aryan Yadav · AIR 31
Conclusion
12 words
Aryan Yadav
Economic Development
Inclusive Growth & Issues Arising From It
Financial Inclusion and Inclusive Growth Strategies
152
Total words
1
Paragraphs
analytical and structured
Tone