Thursday, February 19, 2015

Inclusive growth


 While writing on inclusive governance
What it is?
What made India to embrace it?
Challenges before it?
Initiatives by government for inclusive governance, what is to be included apart from E-governance and financial inclusion?
Inclusive governance has a wide meaning. Even panchayat raj system is inclusive governance. If India has to strengthen the international relationship with Middle East, then it cannot do it indivdually. It necessarily has to take US alongwith it and has to convince that these relationships are to benefit US in a long run etc.. Though India and Syria have a very old connection, it has to take US along in the present scenario.. Split it politically, socially, administratively, economically.
Politically like PRI's
Economically like FInancial inclusion
Administ- Egovernance
and socially ?
Inclusive growth means economic growth that creates employment opportunities and helps in poverty alleviation. This gives way to provide essential services including health and education to the poor. It includes providing equality of opportunity, empowering people through education and skill development.
What govt has done to include the hitherto socially excluded people. Like women, children, handicapped, transgenders, etc etc..
Sen vs Bhagwati debate provides an understanding about how to reach inclusive growth. Trickle down or govt interventions.
though inclusive governance leads to inclusive growth

Yup top-down vs bottom-up approach policy is must to analyse
The governance initiatives that are aimed at growth process that is environment friendly growth, aims for good governance and gender sensitive society. Special efforts to increase employment opportunities are essential as it is a necessary condition for bringing about an improvement in the standard of living of the people.

Actually there is a different school of thought which is cropping up nowadays - the impact of Corporate Governance Models into Inclusive Governance... (sorry to take you to a different platform).. pick up the points from that - weigh it whether this is also a part of Inclusive Governance and include them will also help you differentiate and learn.. only that you shall pick the parameters / initiatives that are brought by GOI under Governance and the impact part into growth vertical.

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