{"id":20225,"date":"2023-12-26T12:03:57","date_gmt":"2023-12-26T12:03:57","guid":{"rendered":"https:\/\/edukemy.com\/blog\/?p=20225"},"modified":"2024-01-29T05:42:43","modified_gmt":"2024-01-29T05:42:43","slug":"it-is-argued-that-the-strategy-of-inclusive-growth-is-intended-to-meet-the-objectives-of-inclusiveness-and-sustainability-together-comment-on-this-statement-250-words-15-marks","status":"publish","type":"post","link":"https:\/\/edukemy.com\/blog\/it-is-argued-that-the-strategy-of-inclusive-growth-is-intended-to-meet-the-objectives-of-inclusiveness-and-sustainability-together-comment-on-this-statement-250-words-15-marks\/","title":{"rendered":"It is argued that the strategy of inclusive growth is intended to meet the objectives of inclusiveness and sustainability together. Comment on this statement. (250 Words 15 Marks)"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-gs-advance-and-mentorship-program-ampcsat?utm_source=Blog&amp;utm_medium=Link&amp;utm_campaign=GS+Advanced\" target=\"_blank\" rel=\"noreferrer noopener\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1280\" height=\"300\" src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/07\/Attempt-our-Daily-Weekly-Current-Affairs-Quiz-now-8.png\" alt=\"\" class=\"wp-image-43397\" srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/07\/Attempt-our-Daily-Weekly-Current-Affairs-Quiz-now-8.png 1280w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/07\/Attempt-our-Daily-Weekly-Current-Affairs-Quiz-now-8-1170x274.png 1170w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/07\/Attempt-our-Daily-Weekly-Current-Affairs-Quiz-now-8-585x137.png 585w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/a><\/figure><\/div>\n\n\n<p>The notion that the strategy of inclusive growth aims to simultaneously achieve the twin objectives of inclusiveness and sustainability is a compelling argument that reflects the evolving priorities of contemporary economic paradigms. Inclusive growth is a strategic approach that seeks to distribute the benefits of economic development equitably across different segments of society, bridging socio-economic disparities. The emphasis on inclusiveness underscores the importance of ensuring that the fruits of economic progress are not confined to a privileged few but are shared across diverse populations. This inclusivity is not only a moral imperative but also contributes to the overall stability and cohesion of society. Moreover, the integration of sustainability into this strategy recognizes the pressing need to harmonize economic progress with environmental and social considerations. Sustainable development, by definition, implies meeting the needs of the present without compromising the ability of future generations to meet their own needs. Therefore, embedding sustainability within the framework of inclusive growth aligns economic expansion with environmental conservation and societal well-being over the long term. In this way, the argument posits that inclusive growth, by addressing both inclusiveness and sustainability, offers a holistic and forward-looking approach to economic development that aspires to create a more just, resilient, and enduring socio-economic landscape. It underscores the interconnectedness of economic, social, and environmental factors, emphasizing the imperative to foster growth that not only lifts all boats but also ensures the durability of the sea they navigate.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Tag:<\/strong> Inclusive growth and issues arising from it.&nbsp;&nbsp;<\/p><\/blockquote>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-69d29a39d3a62\" class=\"ez-toc-cssicon-toggle-label\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d29a39d3a62\"  \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edukemy.com\/blog\/it-is-argued-that-the-strategy-of-inclusive-growth-is-intended-to-meet-the-objectives-of-inclusiveness-and-sustainability-together-comment-on-this-statement-250-words-15-marks\/#Decoding_the_Question\" title=\"Decoding the Question:&nbsp;&nbsp;\">Decoding the Question:&nbsp;&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edukemy.com\/blog\/it-is-argued-that-the-strategy-of-inclusive-growth-is-intended-to-meet-the-objectives-of-inclusiveness-and-sustainability-together-comment-on-this-statement-250-words-15-marks\/#Answer\" title=\"Answer:&nbsp;&nbsp;\">Answer:&nbsp;&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edukemy.com\/blog\/it-is-argued-that-the-strategy-of-inclusive-growth-is-intended-to-meet-the-objectives-of-inclusiveness-and-sustainability-together-comment-on-this-statement-250-words-15-marks\/#Triad_of_Inclusive_Growth_Inclusiveness_and_Sustainability\" title=\"Triad of Inclusive Growth, Inclusiveness and Sustainability:&nbsp;&nbsp;\">Triad of Inclusive Growth, Inclusiveness and Sustainability:&nbsp;&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edukemy.com\/blog\/it-is-argued-that-the-strategy-of-inclusive-growth-is-intended-to-meet-the-objectives-of-inclusiveness-and-sustainability-together-comment-on-this-statement-250-words-15-marks\/#Inclusive_Growth_to_Realize_Inclusiveness_and_Sustainability\" title=\"Inclusive Growth to Realize Inclusiveness and Sustainability:\u00a0\u00a0\">Inclusive Growth to Realize Inclusiveness and Sustainability:\u00a0\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edukemy.com\/blog\/it-is-argued-that-the-strategy-of-inclusive-growth-is-intended-to-meet-the-objectives-of-inclusiveness-and-sustainability-together-comment-on-this-statement-250-words-15-marks\/#In_case_you_still_have_your_doubts_contact_us_on_9811333901\" title=\"In case you still have your doubts, contact us on 9811333901.&nbsp;\">In case you still have your doubts, contact us on 9811333901.&nbsp;<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edukemy.com\/blog\/it-is-argued-that-the-strategy-of-inclusive-growth-is-intended-to-meet-the-objectives-of-inclusiveness-and-sustainability-together-comment-on-this-statement-250-words-15-marks\/#Visit_our_YouTube_Channel_%E2%80%93_here\" title=\"Visit our YouTube Channel &#8211;&nbsp;here\">Visit our YouTube Channel &#8211;&nbsp;here<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Decoding_the_Question\"><\/span><strong>Decoding the Question:<\/strong>&nbsp;&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>In the <\/strong>Introduction, define the concept of inclusive growth.&nbsp;&nbsp;<\/li><li>In Body,&nbsp;&nbsp;&nbsp;<\/li><li>Discuss the ideas of inclusiveness and sustainability.&nbsp;&nbsp;&nbsp;<\/li><li>Discuss the <strong>role of inclusive growth in achieving objectives of inclusiveness and sustainability.<\/strong>&nbsp;&nbsp;<\/li><li><strong>Conclude with writing the need for inclusiveness and sustainability while focusing on sustainable growth.<\/strong>&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Answer\"><\/span><strong>Answer:<\/strong>&nbsp;&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>According to the Organization for Economic Cooperation and Development (OECD), Inclusive growth is economic growth that is distributed fairly across society and creates opportunities for all. It refers to\u202f&#8217;broad-based&#8217;, &#8216;shared&#8217;, and\u202f&#8217;pro-poor growth&#8217;.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-essay?utm_source=Blog&amp;utm_medium=Banner&amp;utm_campaign=Essay\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1280\" height=\"300\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/10.png\" alt=\"\" class=\"wp-image-42412 lazyload\" data-srcset=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/10.png 1280w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/10-1170x274.png 1170w, https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/10-585x137.png 585w\" data-sizes=\"(max-width: 1280px) 100vw, 1280px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1280px; --smush-placeholder-aspect-ratio: 1280\/300;\" \/><\/a><figcaption><a href=\"https:\/\/edukemy.com\/upsc\/upsc-essay?utm_source=Blog&amp;utm_medium=Link&amp;utm_campaign=Essay\">UPSC Essay Course<\/a><\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Triad_of_Inclusive_Growth_Inclusiveness_and_Sustainability\"><\/span><strong>Triad of Inclusive Growth, Inclusiveness and Sustainability:<\/strong>&nbsp;&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Inclusive<strong> <\/strong>growth must be based on Inclusiveness, which goes beyond mere economic inclusion.&nbsp;&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Inclusiveness<\/strong> is a concept that encompasses\u202fequity, equality of opportunity, and protection in market and employment transitions\u202fand is therefore an essential ingredient of any successful growth strategy.&nbsp;&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<p>Former President of India Pranav Mukherjee asserted,<strong> \u201c<\/strong><em>Inclusive growth should not be a mere slogan but a fundamental driving force for sustainable development<\/em>.\u201d&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Sustainable development\u202frefers to the processes and pathways to achieve <strong>sustainability<\/strong> (e.g.,\u202fsustainable\u202fecology,\u202fsustainable\u202fproduction and consumption, good government, education, etc). <strong>Sustainability<\/strong>\u202fis a long-term goal for continuous inclusive socio-economic and ecological growth.&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Inclusive_Growth_to_Realize_Inclusiveness_and_Sustainability\"><\/span><strong>Inclusive Growth to Realize Inclusiveness and Sustainability:<\/strong>\u00a0\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Reducing Poverty:<\/strong> Growth which is \u2018inclusive\u2019 and \u201cpro-poor\u201d, the incomes of poor people grow faster than those of the population, i.e., inequality declines. By focusing on inequality, inclusive growth could lead to optimal outcomes for all households.&nbsp;&nbsp;<\/li><li><strong>Distribution of Wealth: <\/strong>Inclusive growth helps in wider distribution of growth which creates demand in the economy and helps to lead domestic demand-driven economic growth.&nbsp;&nbsp;&nbsp;<\/li><li><strong>Withstand External Shocks<\/strong>: Inclusive growth builds strengths in the economy and growth becomes sustainable in the long term.&nbsp;&nbsp;&nbsp;<\/li><li><strong>Reduces Vulnerability<\/strong>: Inclusive growth helps in reducing the vulnerability of all types from the disasters of the present time and makes people and the community future-ready this ensures both inclusiveness and sustainability.&nbsp;&nbsp;<\/li><li><strong>Improve Quality of Life<\/strong>: With better income distribution the quality of life substantially improves materially.&nbsp;&nbsp;<\/li><li>e.g., people move away from unsustainable energy sources such as cow dung, wood, etc. to clean energy sources such as LPG.&nbsp;&nbsp;<\/li><li><strong>Change in Development Model: <\/strong>Sustainable development<strong> <\/strong>brings the environment in its inclusion thus causing minimum depletion of resources and going for a circular economy.&nbsp;&nbsp;<\/li><li><strong>Resolving Structural and Fundamental Issues:<\/strong> Inclusive growth addresses fundamental and structural challenges in society and in the economy.&nbsp;&nbsp;&nbsp;<\/li><li>For example, women empowerment initiatives like Self Help Groups will bring changes and enhance the participation of women in economic activity which will further lead to sustainability and inclusiveness.&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<p>It is due to this interrelation between this triad of inclusive growth, inclusiveness, and sustainability the government is aggressively focusing on the strategy of inclusive<strong> <\/strong>growth\u202fin its various programs and policies.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>E.g., <strong>Jan Dhan Yojana<\/strong>\u202fhas focused on financial inclusion for all.&nbsp;&nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<p>Thus, inclusive growth is necessary to promote sustainable development and inclusiveness. In the past two decades, India\u2019s economic growth has been phenomenal, but it has underperformed on socio-economic indicators and Human Development Indicators. Therefore, in India\u2019s context inclusive growth is an idea to realize the dream of sustainable and qualitative growth.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/edukemy.com\/upsc\/upsc-essay?utm_source=Blog&amp;utm_medium=Banner&amp;utm_campaign=Essay\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" data-src=\"https:\/\/edukemy.com\/blog\/wp-content\/uploads\/2024\/06\/UPSC-Essay-Course-1280\u00d7300-1-3.svg\" alt=\"\" class=\"wp-image-42688 lazyload\" width=\"781\" height=\"182\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 781px; --smush-placeholder-aspect-ratio: 781\/182;\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"In_case_you_still_have_your_doubts_contact_us_on_9811333901\"><\/span><strong>In case you still have your doubts, contact us on 9811333901.<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For UPSC Prelims Resources,&nbsp;<a href=\"https:\/\/edukemy.com\/upsc-cse-prelims-resource-centre\" target=\"_blank\" rel=\"noreferrer noopener\">Click here<\/a><\/p>\n\n\n\n<p>For Daily Updates and Study Material:<\/p>\n\n\n\n<p>Join our Telegram Channel &#8211;&nbsp;<a href=\"https:\/\/t.me\/WithEdukemy4IAS\" target=\"_blank\" rel=\"noreferrer noopener\">Edukemy for IAS<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>1. Learn through Videos &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3vOD8sU\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>2. Be Exam Ready by Practicing Daily MCQs &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3Q9z2nF\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>3. Daily Newsletter &#8211; Get all your Current Affairs Covered &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3bE2y5J\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><li>4. Mains Answer Writing Practice &#8211;&nbsp;<a href=\"https:\/\/bit.ly\/3mZuVxl\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Visit_our_YouTube_Channel_%E2%80%93_here\"><\/span>Visit our YouTube Channel &#8211;&nbsp;<a href=\"https:\/\/www.youtube.com\/@ShabbirsEduKemyforIAS\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>Moreover, the integration of sustainability into this strategy recognizes the pressing need to harmonize economic progress with environmental and social considerations. <\/p>\n","protected":false},"author":17,"featured_media":20226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1524],"tags":[177,142,1117,232,145,140],"class_list":["post-20225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-upsc-mains-solved-paper-gs-3","tag-general-studies-3","tag-previous_year_questions","tag-sustainability","tag-upsc","tag-upsc-mains-question-paper","tag-upsc_preparation_strategy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/20225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/comments?post=20225"}],"version-history":[{"count":2,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/20225\/revisions"}],"predecessor-version":[{"id":23884,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/posts\/20225\/revisions\/23884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media\/20226"}],"wp:attachment":[{"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/media?parent=20225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/categories?post=20225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edukemy.com\/blog\/wp-json\/wp\/v2\/tags?post=20225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}