Indian Economy Towards Inclusive Growth

Contents: Preface. 1. Economic reforms faster growth and the left out. 2. Inclusive growth: meaning need and strategy. 3. Focus on rural development. 4. Employment generating policies and programmes. 5. Financial inclusion of the poor. 6. Health security and family welfare. 7. Education training and skill development. 8. Welfare and empowerment of women. 9. Empowerment of disadvantaged and vulnerable groups. Bibliography. Index.

The 1990s was momentous in the economic history of India as it witnessed a successful transition of India from a controlled inward looking and slow growing economy to a liberalized and open economy that has now found a place amongst the fastest growing economies in the world.

Economic reforms though slowed down lately are aimed at reorientation of the centrally controlled economy to a market oriented one in order to foster greater efficiency and growth. This is being done by introducing greater competition in the economy through progressive internal deregulation accompanied by external competition promoted by foreign direct investment and trade liberalization.

After the reforms the Indian economy has been growing faster than its historical growth rate. However the socio-economically disadvantaged are yet to benefit from economic reforms. Hence inclusive growth the focus of recently completed Eleventh Five Year Plan (2007-12) remains the cornerstone of India\'s development efforts. Inclusive growth necessarily implies concerted effort, by all levels of government to invest in the delivery of public services particularly those which promote progress in social sectors like health and education. (jacket)