Authored by the distinguished economist N.A. Majumdar, the bunch of 19 papers brought together in this book seeks to argue that in the present Indian context, inclusive growth has become both, a growth and a development imperative: growth, because a high GDP growth like 8 or 9 per cent can be sustained only if other sectors or segments of the economy, which have been sluggish because of number of factors including policy neglect, can be activated; development, because this is perhaps the best route by which the bulk of the poor can be provided with livelihood and food security. Facilitating inclusive growth is a far more complicated process, involving micro planning, evolving area specific solutions and participation of a number of actors–Panchayati Raj Institutions, Central and State Governments, and NGOs, SHGs, etc. Inclusive growth also demands a committed bureaucracy and more imaginative policymakers, from both of whom a pro-active role is warranted. The exploratory work embodied in this book, it is hoped, would provoke further studies on the subject.
There are no reviews yet.