Topic: Inclusive growth and issues arising from it.
5. What do you understand by inclusive growth? What are the major impediments to inclusive growth and how can they be overcome in the current scenario? Explain. (250 words)
Difficulty level: Moderate
Key Demand of the question:
To explain about inclusive growth, impediments to it and measures needed to overcome them.
Explain – Clarify the topic by giving a detailed account as to how and why it occurred, or what is the context. You must be defining key terms wherever appropriate and substantiate with relevant associated facts.
Structure of the answer:
Start by defining inclusive growth and its key components.
In the first, in detail write the impediments for inclusive growth – Poverty, lack of adequate employment opportunities, lack of adequate education and skill development and governance deficit, especially in backward regions etc. Mention the impact of covid-19 pandemic on inclusive growth efforts.
Suggest measures and solutions to address these issues.
Conclude that targeted policy measures addressing the above in the current scenario, with the efforts of government policies and programmes aiming at achieving targets in above key sectors can lead to inclusive growth.