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Inclusive Growth


Definition: A growth process that ensures equal access to opportunities for all segments of society regardless of their individual circumstances.

Thus, inclusive growth is about providing the poor with a starting point that can enable them to enjoy the fruitfulness of economic growth.

How to achieve inclusive growth?

Growth accelerators ( strategies for growth)   +     Equalizing accelerators which make the growth more equitable and thus, more inclusive.
Source: World Bank Development Policy Review

Planning Commission keeps talking of this but it unfortunately continues its primary focus on providing impetus to “growth” ( fixing a target of achieving 9 per cent GDP growth), but adopts no methodologies to measure and monitor “inclusive growth”. If the Planning Commission is indeed serious and honest about “inclusive growth” then it should also fix targets for Gini coefficient, HDI and other such measures also. Otherwise it would appear that “inclusive growth” is being used more as a slogan for effect than a parameter for the planning process.

What else you think measures inclusive growth?