Sunday, September 11, 2011

Inclusive Growth" is for “not excluding any section of society"-Dr.K.Govindaraju


"Inclusive Growth" has become quite relevant in our country by "not excluding any section of society" and the inclusive growth is "Towards faster and more inclusive growth" reflects the need to make growth "more inclusive" in terms of benefits flowing through more employment and income to those sections of society which have been bypassed by higher rates of economic growth witnessed in recent years. The recognition of the need for more inclusive growth by Government of Tamilnadu is a welcome shift in emphasis from mere increase in growth rates to improvement in standards of living of those below the poverty line through increase in employment opportunities as well as better delivery systems to ensure access to intended benefits by intended beneficiaries. The words "more inclusive" are to mean a real shift in emphasis from higher growth to better distribution. Inclusive growth by its very definition implies an equitable allocation of resources with benefits accruing to every section of society. The allocation of resources must be focused on the indented short and long terms benefits and economic linkages at large and not just equitable mathematically on some regional and population criteria. As a nation still in the process of developing itself, it would perhaps be very premature to let go of the dream of inclusive growth but with some hard realities thrown in too. Society by its very definition implies coming together of a variety of peoples and sharing of benefits in order to survive and grow. But what we do of the people who are seeped deep in concept of zero sum game, where one has to win at the cost of other across whole gamut of economic activity? Any direct jobs to skilled people create direct and indirect jobs for people having complementary/down stream/associative skills. There is no economic activity, which is stand-alone and isolated from its immediate and external environment. In an expanding economy more people with wide skills are required. What will be educated people will do if there are no job opportunities when they pass out of schools and collages? The need to upgrade education across the length and breadth of country has to be done about it in true sense.-Govin


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