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Article Name : | | INCLUSIVE GROWTH : EXPERIENCE AND CHALLENGES – A BIRDS VIEW | Author Name : | | SURESH S.MALEGAON | Publisher : | | Ashok Yakkaldevi | Article Series No. : | | ROR-451 | Article : | | | Author Profile | Abstract : | | 'Inclusive growth' is not a new or a novel idea. Defined in the Eleventh Plan as 'growth process which yields broad based benefits and ensures equality of opportunity for all', it stands for 'equitable development' or 'growth with social justice', which have always been the watch words of development planning in India. Yet, since 'inclusive growth' is so widely used these days by the reputed multilateral institutions as well as the policy makers in India, one wonders whether this usage acquires a special significance in the present context. Perhaps, it does. The belief that there is a significant 'trade-off' between growth and equity does not seem to be as widespread now as before. There is now a genuine and widespread recognition about the adverse social consequences of rising inequalities in the recent high growth phase, which do not seem to be mitigated through the so-called 'trickle-down' mechanism. | Keywords : | | - multilateral institutions ,multilateral institutions ,multilateral institutions ,multilateral institutions
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