Topic: LPG reforms
Q5. Discuss the challenges faced by India in achieving equitable growth during the post-liberalization era. Suggest measures to address these challenges. (15 M)
Difficulty Level: Medium
Reference: InsightsIAS
Why the question:
To assess the challenges in achieving equitable growth in the post-liberalization era and the measures required to address them. It is relevant given the socio-economic disparities highlighted in recent reports.Key Demand of the question:
The answer must identify the major challenges in equitable growth post-liberalization, provide measures to address these challenges, and analyze the effectiveness of suggested solutions.Structure of the Answer:
Introduction:
Briefly mention India’s economic trajectory post-1991 reforms, highlighting the dual outcome of rapid growth and persistent inequities.Body:
- Challenges faced: Highlight key challenges like regional disparities, urban-rural divides, jobless growth, and income inequality with a broad focus on their causes.
- Measures to address challenges: Suggest structural reforms, policy interventions, and governance measures to promote equitable growth, ensuring specific and actionable recommendations for each challenge.
Conclusion:
End with a forward-looking perspective emphasizing the need for inclusive policies and innovative governance frameworks to ensure sustainable and equitable growth.
