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Inclusive growth refers to economic growth that is distributed fairly across society and creates opportunities for all. It emphasizes the need for equitable access to resources and benefits, ensuring that marginalized and disadvantaged groups are included in the growth process.
The concept of inclusive growth gained prominence in India post-liberalization in 1991. The planning commissions emphasized poverty alleviation and social welfare measures in the Five-Year Plans. The 11th Five-Year Plan (2007-2012) specifically stressed the need for inclusive growth, targeting the upliftment of marginalized communities.
Inclusive growth can be classified into various dimensions:
1. Economic Inclusion - Ensuring access to financial services.
2. Social Inclusion - Empowering marginalized groups through education and skills training.
3. Political Inclusion - Ensuring representation in governance for all communities.
4. Gender Inclusion - Promoting women’s participation in the economy and society.
| Feature | Inclusive Growth | Traditional Growth |
|-------------------------|----------------------------------------|-----------------------------------------|
| Focus | Equity and social justice | Economic expansion |
| Target Group | Marginalized sections of society | General population |
| Economic Strategy | Sustainable and participatory growth | Market-driven growth |
| Policy Framework | Integrated approach with social policies| Primarily economic policies |
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Article 38 - State to secure a social order for the promotion of welfare of the people.
Article 39 - Certain principles of policy to be followed by the State.
Article 41 - Right to work, to education and to public assistance in certain cases.
Article 42 - Provision for just and humane conditions of work and maternity relief.
Article 43 - Living wage, etc., for workers.
Article 46 - Promotion of educational and economic interests of Scheduled Castes, Scheduled Tribes and other weaker sections.
Article 47 - Duty of the State to raise the level of nutrition and the standard of living.
Article 48 - Organization of agriculture and animal husbandry.
38-39-41-42-43-46-47-48 - Remember '38 is great for welfare' to recall the articles.
E-S-P-G: Economic, Social, Political, Gender - Every Student Prepares for Growth.
73-74: Local Empowerment - '73 and 74 and the local governance fate'.