What is your vision for India's Inclusive Growth Story in next 10 years?
India’s success story is expected to enter a new era of inclusive growth going forward. Inclusive growth is a slow and steady process which needs focus on certain key aspects like infrastructure, accessibility to financial institutions, education, creation of jobs, etc. Significant progress will be visible in terms of growth percolating to the larger section of the society, a factor that was missing in the growth story so far. While it might take a longer time to experience fully inclusive growth, the next decade would definitely see India rapidly progressing towards achieving this. It is great to know that India is growing and will be the third largest economy in the next decade. Indian economy is booming at a rate of 8% the highest ever in a decade. But in my terms growth is not an economy issue. India has its own unique past, a very different present, and will chart her own version of the future. In that future, the most critical component is to keep democracy safe. As India is emerging as the next super power of the world, the fact that is astonishing and is a shame on India is that the malnutrition rate is still high at 42% in 2011. It is great celebration for India to eradicate polio, but the next challenge that is ahead for India is to eradicate malnutrition. For a country to be a super power, it is more important to bring down the inequality between the rich and the poor. For a balanced growth, the growth in the entire sector needs to be register. The government of India need to take Initiative steps in the health sector and also need to primarily focus on the education sector.
The next five year plan has continued to focus invest in building social infrastructure education, public health, drinking water, creation of rural infrastructure so as to better position economic empowerment among the marginalised sections of the population in the east. The roll out of the ‘ADHAR’ promises to further connect the economically backward sections of the eastern States into national economic mainstream. Most importantly, the government alone cannot achieve this objective. It needs support from various players in the nation’s tertiary /services sector, the banks, other financial institutions and the financial industry sectors. All stakeholders need to contribute in equal measure to make the agenda of inclusive growth a success. The east has remained behind because of numerous problems in public administration, policy implementation, slow decision making, lack of adequate funding for projects and a slowdown in the development of an entrepreneurial environment. It is time the eastern states looked at the more developed states to pick up the best practices and trends to move to a more inclusive and sustainable growth model.
How you as an individual aspire to contribute to shape this story?
According to a recent survey, majority of the Indian population consists of the young generation and the country with such an energetic youth population is certain to register aggressive growth. Being a part of the youth myself, I will, like all others, contribute to the nation’s growth and its mankind as an emerging super power. Service to the mankind has always been a part of India’s tradition and culture and none of us Indians shall be behind in the contribution. The urban India is growing faster to bring a stable growth we need to emphasize on the development of the rural India. This can be achieved by providing the basic facilities of education, health and infrastructure. The road to the development is mainly led by education, which is the most important tool in bringing down the inequality between the rich and poor, the educated and illiterate. Being a social worker, I would like to bring upon some innovative ideas to educate the rural population and also providing them basic health facilities. The health sector is another key aspect of development. Indian economy is booming at a rate of 8 % GDP. But also, 2 million children die before birth due to lack of immunization and health facilities. As they say “Health is wealth” so a healthy child would contribute to the growth of the nation. A healthy life would lead to a decent life. Steps need to be initiated to bridge the gap between the Urban India and rural India.
I being the youth would also like to shape the Indian politics and like to invite the Gen-Next to join the Indian system. A vibrant India needs its youth to be a part of India’s growth story. Employments need to be generated in every sector and the national scheme (MNAREGA) has to be implemented right away in a full-fledged manner. The government should create a healthy and friendly environment to attract the young entrepreneurs to invest and create employment.
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