Topic: Inclusive growth and issues arising from it.
1. Discuss in detail reasons for India to embrace Inclusive Growth.(250 words)
Indian economy by Dutta and Sundaram
Why this question:
The question is straightforward and is from the static portions of GS paper III.
Key demand of the question:
Discuss in detail the causes for which Indian setup necessitates inclusive growth.
Discuss – This is an all-encompassing directive – you have to debate on paper by going through the details of the issues concerned by examining each one of them. You have to give reasons for both for and against arguments.
Structure of the answer:
Define what you understand by Inclusive growth.
Discuss briefly the basic elements of Inclusive growth.
Move on to discuss the reasons for India to embrace inclusive growth.
The recognition of the significance of inclusive growth in developing Asia has been generated by a rising concern that the benefits of remarkable economic growth have not been equitably shared.
Inclusive growth is required for sustainable development and impartial distribution of wealth.
Discuss the challenges involved.
Conclude with ways and means to achieve inclusive growth.