Quest Towards Inclusion
Quest Towards Inclusion
Inclusion is a social right, but is it, in physical reality? Globally or within the borders of India. Statistically, the recent Economic survey reveals Infrastructure, Health, Education, and Gender as the driving factors leading to exclusion and the creation of numerable discriminations in the social hierarchy. The resultant division - a bar to the social and economic welfare of the nation.
Greetings to one and all, I Anannya Sahani from third-year Economics special will speak on the quest for inclusive growth in India.
India - A land of culture, heritage, languages, religions, and of various myths and taboos. As funny, as it may sound: It blends its chaos well with various hues of creativity. Nearing its centenary anniversary by almost thirty years, India has surely grown up from a survival to a developing economy in the decades of its existence. It has achieved it in the most unorganized and unplanned manner where which policy or model worked and which didn't is still uncertain. What can or will work is still so unpredictable.
Born from the colonial reins of the British empire, India has managed to keep a westernized touch to its very existence! What Matters in India and what's unique about her is indeed a matter of study: socially, economically, politically, and historically. Being a host to various empires and civilizations, India in its essence has captured various cultures, languages, religions, and cuisine, making it a multilingual society
in the world.
India and its beauty are essentially captured well in its growth pattern. Economically, on the fundamental parameters i.e. GDP - India is part of the top ten economies and will head to the top three positions by 2050 as per the Forbes report. It is curated for the expansive nature of the defense forces as well as appreciated as one of the tolerant forces, globally. On other parameters of development i.e. health, education, and infrastructure, India still has a long way to go.
The plethora of diversity offered by India justifies the various complexities encountered by India during the process of inclusion in itself. Social exclusion is the biggest challenge to the economic, social, political, and psychological development of the nation. Building this nation requires a conscious effort to bring its vast diversity into the economic mainstream. The prospect of inclusion into the economic and political
the process is the glue that holds together the Indian psyche and sustains its nationhood.
The tricky decision for the government is whether to ease some of the economic stability constraints or continue to prioritize hard-won economic stability while facing the risk of social unrest. The challenge in front of India is how can it put it in place policy reforms to raise GDP growth without creating macroeconomic instability. Macroeconomic stability is the key to the creation of its absolute social inclusion.