What were the factors that drove GDP growth in India during the recent past? However, despite the increased growth rate, there must be continuous investment in skill development to sustain this growth and enhance India’s global competitiveness. Examine.

Topic: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.

5. What were the factors that drove GDP growth in India during the recent past? However, despite the increased growth rate, there must be continuous investment in skill development to sustain this growth and enhance India’s global competitiveness. Examine. (250 words)

Difficulty level: Moderate

Reference: Indian Express

Why the question:

The article discusses the significance of skilled labor and the robust growth of the services sector in the Indian economy.

Key Demand of the question:

To write about the factors behind increased GDP growth and role of skilled labour can play in furthering it.

Directive word: 

Examine – When asked to ‘Examine’, we must investigate the topic (content words) in detail, inspect it, investigate it and establish the key facts and issues related to the topic in question. While doing so we should explain why these facts and issues are important and their implications.

Structure of the answer:

Introduction: 

Begin by giving context.

Body:

First, write about the factors that led to increased GDP growth – investment and infrastructure, industry and manufacturing, services and consumption, and international trade.

Next, write about the role skilled labour can play in furthering it – well-trained workforce is essential for driving economic development and attracting investments.

Conclusion:

Conclude by writing a way forward.