Inclusive Growth And Development In India

The Indian experience with reforms in the last two decades reveals that while there have been achievements on the economic growth front, inequalities have increased and exclusion continues. This volume emphasizes the need for economic reforms with equitable development. It focuses on key inter-related elements of inclusive growth: agriculture, poverty, food security and employment, social sector, and regional disparities; examining the performance, issues, and challenges. The author argues for pro-poor and people- centric policies. He suggests that growth and equity objectives should be pursued simultaneously.

This book explores inclusive development in the Indian context, not only within each of the country’s major economic and social sectors, but also across countries in the particular context of globalization. In the emerging scenario of most expanding economies, including India, this topic remains particularly significant. The book’s sixteen chapters are divided into eight sections that address burning issues related to inclusive development – historical setting and policy context; current issues and future challenges; inclusiveness in the agricultural sector; inclusiveness in the industrial sector; inclusiveness in the health sector; inclusiveness and poverty; inclusiveness in the social context; and inclusiveness in the globalization context. The book highlights several positive developments displayed by the Indian economy in recent years, including the current growth rate of about 7 percent, which is among the highest rates around the globe. At the same time, it draws attention to the fact that while there is every reason to feel proud of these achievements, we cannot ignore the strains and brewing distress, especially in rural areas, or the concerns in environmental and social sectors, including health and education, relating to sociological divisions and disturbances, water and air pollution, and ecosystem and biodiversity losses. Important and relevant from both academic and policy perspectives, the book includes essays from some of the most eminent economists and social scientists in the South Asian region, providing vital takeaways for researchers and NGOs, as well as corporate sector and government decision-makers.

The research papers included in this book make a comprehensive analysis on the thematic issues focused within the larger framework of inclusive growth. The recommendations made through this book are expected to influence policy of inclusive growth and development of the marginalized segments in the Indian context. This book is organized in to 47 Chapter, every chapter is addressing the overall theme precisely and fulfills the core issues highlighted. This book is expected to fulfill the teaching, research, policy formulation, programme planning needs of academia, research scholars, students pursuing subjects in the departments of Sociology, Economics, Political Science, History, Social Work, Anthropology, Women Studies, Futurology, Public Administration, Rural Development etc. In addition this book is also expected to assist CBOs, GOs, NGOs, Development Workers, Policy Planners, Social Workers, Consultants etc, engaged in Sustainable Social Development with special reference to Inclusive Growth in Transitional Society.

This book examines Inclusive Growth in a range of social and economic areas in India, including physical infrastructure, vulnerable sections of the population and underdeveloped states. It provides a comprehensive study of disparity and deepens insight into understanding processes of economic and social development.

The book critically examines the high growth trajectory in India, particularly since the late 1980s, a period which is characterized by increasing inequality. Through various studies from the Indian state of Uttar Pradesh -- a state more populous than Brazil and with a GDP comparable to Bangladesh -- it sheds light on the link between growth and inequality in emerging economies. The slow pace of any upward movement in terms of various development indicators in low-income Indian states is due to a number of factors, including their historical disadvantages. Over a period of time, this has resulted in widening disparities, both between different regions of these states, and between these states and other more prosperous Indian states. The book provides a holistic, yet critical, region-wise analysis of the achievements of Uttar Pradesh compared to other states and to India as a whole, in the context of indicators of inclusive development, namely, growth, employment, poverty, infrastructure, agriculture, industry, education and health. Based on the latest data and sophisticated analysis methods, it assesses inequality and development disparities, clearly identifying three major challenges that poorer states face in redressing poverty and expanding inclusive growth - increasing economic opportunities, empowering poor and marginalised groups to avail new opportunities in a rapidly changing world, and ensuring an effective safety net to reduce vulnerability. The book suggests strategies for promoting high and sustained economic growth, and highlights the significance of broadening social inclusiveness through greater and more rapid access to economic and social opportunities, and building strong social safety nets to protect the chronically poor and mitigate their risks and vulnerabilities with the help of good governance and institutions. With contributions from leading scholars from the region, it is a valuable resource for researchers working in the area of growth and inequality, as well as for policy makers from developing economies around the globe.

India is one of the fastest growing countries in the world. However, high economic growth is accompanied by social stratification and widening economic disparity between states. This book illustrates some important aspects of underdevelopment and the process by which the underclass is left behind by focusing on the country's most neglected regions.

It has been a little more than sixty years since the foundations of India's national system of innovation were laid, and it is time to look back and examine what form it has taken. What are the achievements of the Indian system of innovation? How has it performed in terms of building industrial capabilities and promoting development? Using the 'National System of Innovation' and the 'Sectoral System of Innovation' approach, this book organizes historical evidence on the accumulation of scientific, technical, innovation and industrial capabilities in different industrial sectors. It is also useful to keep in mind that according to the sectoral tales of this book, irrespective of the policy, there will always be some individuals and organisations who will experiment to find creative ways of pursuing opportunities.

Discussing the latest segment of economics, this argument illuminates that inclusive growth has become a developmental imperative. This analysis contends that inclusive growth is the best route by which the bulk of the poor can be provided with livelihood and food security and addresses the specific part of the Asian--and in particular, Indian--population that the latest growth process has bypassed. Emphasizing the need to incorporate them into the fold of a vibrant economy, this proposal offers plans for all involved in the Indian economy--banks, cooperatives, development financiers, NGOs, and administrators--for reorienting their own strategies in response to this trend.

The potential role of social protection in the development process has received heightened recognition in recent years, yet making a strong investment case for social protection remains particularly challenging in many emerging and developing countries. This report challenges us to think deeply about the economic rationale for social protection investments through an inclusive development lens. It helps us understand the links between social protection, growth and inequality; how to measure those links empirically; social protection’s impact on inclusive growth; and how to build a more solid economic case for greater social protection investments.

With six essays exploring different aspects of economic growth, poverty, inequality and social security, this book offers a critical perspective on India's development experience since independence. Incisive and empirically rich, the book opens up new vistas in development discourse and informs current policy debates.