INCLUSIVE GROWTH : REVISION CARD

INTRODUCTION: 

SPEECH BY PROMINENT PERSONALITIES (PM, PRESIDENT, UN OFFICIAL et. al)/RECOGNITION IF ANY:

• Real Growth is not possible without Inclusiveness: PM Modi
• Growth should be constant, sustained, and inclusive. It’s only meaningful if these three things are there: PM Modi 
• Inclusive growth is not a matter of choice. It is a matter of necessity, if we are to provide our teeming millions not just a reason to hope, but a real shot at a better life: Ex-PM Manmohan Singh

CURRENT DEVELOPMENT: 

• Budget 2023-24: Inclusive Growth is one of the SAPTRISHI; Mahila Samman Savings Certificate: small savings scheme introduced in budget 2023 to empower women.
• Mahatma Gandhi Sarbat Vikas Yojna by Punjab govt for welfare of downtrodden citizen across state.

DATA/FACT:

KEYWORDS:

• BODY: Sabka Saath, Sabka Vikas, Sabka Prayas, Sabka Vishwas; Bridging the Gap Between ‘India and Bharat’ Social Cleavages, Pushed to the periphery of society (Mute Bystanders, Invisible masses) etc.
• CONCLUSION: From ‘Short-term wealth redistributive strategies’ to ‘long-term social development strategies’;  From Unequal Progress to Equitable Development; From ‘Culture of exclusion’ to ‘Shield of Dignity’; 4 S Framework to improving people’s well-being: Sampannata (Enrichment), Surakshit Bhavishya (Social Security), Shreshtha Jeevan (Better Quality of life) and Saralta (Hassle Free existence);

COMMITTEES RECOMMENDATIONS/NATIONAL OR INTERNATIONAL REPORTS:

• WORLD ECONOMIC FORUM: advocated Investments in Citizens’ Capabilities, in order to lift productivity; Upgrading national rules and institution relating to work; Increasing Investments in Labor-Intensive Economic sectors.
• NITI AAYOG’s Strategy for New India @75: Rapid (9-10%), inclusive, clean, sustainable and formalized growth; utilize frontier technologies like AI, Blockchain etc. for inclusive and participatory development; Make Higher Education inclusive; Invest in Health infrastructure.

GOVT SCHEMES, POLICIES AND INITIATIVE:

• Employment & Entrepreneurship: National Livelihood Mission, MGNREGA, Stand up India etc.
• Financial Inclusion: Jan Dhan Yojana, Kisan Credit Cards, UPI, Project Financial Literacy
• Universalising Healthcare: National health Mission, Ayushman Bharat, ICDS, Janani Suraksha Yojana etc
• Education & Skill Development: NEP 2020, RTE, Sarva shiksha Abhiyan, PM-Kaushal Vikas Yojana, DESH-Stack e-portal
• Inclusive agricultural growth: PM Kisan SAMPADA Yojana, PM Fasal Bima Yojana, National Livestock Mission, etc

EXAMPLES/CASE STUDIES:

• Jaga Mission, Odisha: Transforming slums into liveable habitat
• Kudumashree (SHG) Kerala: housing for poor, Low-cost sanitation, literacy centres etc.
• Mukhya mantri Suposhan Abhiyan Chhattisgarh
• Cluster-Based Approach to Saturate All Prime Minister Flagship Schemes in Dhalai (Tripura)
• Vietnam: Lower Secondary Education for the Most Disadvantaged Regions Project - Enhanced access of ethnic minorities and girls to education, leading to greater social and economic inclusion.

CONCLUSION

• To truly realise the goal of Inclusive growth, tackling 3 fronts - Economic (Poverty & Unemployment) + Social (Inequality) + Political (Will & Skill) will serve to put vulnerables at the heart of India’s growth story.
• For Inclusive Growth, a ‘multidimensional approach’ through existing platforms including, infrastructure, human resources, and policy frameworks needs to be strengthened with along new digtal & technological innovations.

VIRTUOUS CYCLE OF INCLUSION