Question 1GS3GS3
Analyse the factors that have contributed to India's inclusive economic growth in the past decade. (Answer in 150 words)
Main Body
As per recent world bank report, India is among the top 4 nations who have reduced economic inequality with a GNI of 0.55, working towards inclusive development. Factors contributing to inclusive growth: (1) Growth of GDP - with India becoming 4th largest economy with yearly growth of ~7%. (2) Social welfare schemes - framed on marginalised sectors e PBS, MGNREGA (3) Human development - by focus on education and health e reduction of out-of-pocket expenditure to 11.6%. (NHA 2022-23) (4) Breaking of vicious poverty cycle i.e. extreme poverty reduced to 5% (world bank) (5) Women empowerment e reduction of MLFR to 41 (economic survey) and role of education in STEM fields i.e 41%. (6) Urbanisation - where social discrimination on basis of caste and religion is diluted (7) Role of judiciary - upholding constitutional morality e Navtej Singh Johar case for LGBTQ+ (yet challenges remain)High inequality in wealth (1% asian 40%).health-income inequality (past 2012)High rate of health & education facilitiesConcentration of money in various pockets e eastern stateslack of employment opportunitiesinvest in innovation e YNAP, capacity building e Samarth Udyog, focus on nutrition e POSHAN AbhiyaanReduce unpaid domestic work Thus, need is for upliftment of marginalised growing achieving of Vision 2047.
215 words1 paragraphs
Conclusion
Thus, need is for upliftment of marginalised growing achieving of Vision 2047.
12 words
Topper
RAKHI
AIR 652025
Subject & Paper
GS3GS3
Topic
Economic Development
Inclusive Growth & Issues Arising From It
Factors contributing to inclusive growth
Writing Stats
227
Total words
1
Paragraphs
analytical
Tone