Analyse the factors that have contributed to India's inclusive economic growth in the past decade.
Main Body
According to NITI Aayog data, 235 million people have been lifted out of poverty in past decade while ensuring a consumption-based Gini coefficient of 0.27. Factors contributing to Inclusive growth in India: 1. Guaranteed wage employment - MGNREGA (100 days/year) 2. Development of human capital - Standup India Scheme 3. Promotion of local manufacturing - MUDRA loans 4. Ensuring food & nutritional security - PDS, PABSHAN, Millet promotion, Price distribution 5. Support to women-led startups - NAMO Drone Didi, Maternity Sector lending 6. Educational outcomes improved - NEP-2020 → FUN standards 7. Health outcomes improved - Doctor ratio improved to 1:834 8. Rural led growth - Mechanization of agriculture 9. Approving farmers/income - PM-KISAN, Arthaar Dalwai Committee
Traverses 1. Skilled jobs at 66-72/4. India Skill Report. 2. Nutritional deficiency - 57% women anaemic (NFHS-5). 3. Tribal segregation - HDI: 14.96% 4. Rural wage stagnation. Hence, the past decade has been a good start in achieving SDG and meeting intent Kohawk 2047.
— VISHWAJEET GUPTA · AIR 67
Conclusion
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VISHWAJEET GUPTA
Economic Development
Inclusive Growth & Issues Arising From It
Factors contributing to inclusive growth
178
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Analytical
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