Beyond India @75: growth, inclusion and sustainability
There have been many successes and failures in economic and social development of India in the last 75 years. The recent covid-19 pandemic had also an adverse impact on growth, employment, health and education etc. In this paper, issues and policies are discussed beyond India@75 for achieving growth, inclusion and development. As India is integrated with the world, global issues are also important for India’s development. The country has to achieve higher growth with better macro policies, sectoral policies, increase in investment rate, higher investment on infrastructure, use of technology, increase in exports, better performance of banking and other financial institutions to improve credit to different sectors of the economy. These policies with effective implementation are needed to achieve 7 to 8% growth per annum and achieve $ 5 trillion and $10 trillion economy faster Rising inequalities across regions, income groups, social groups, gender, rural-urban are the major problems in Indian society. The biggest inequality in India has been the slow progress in social indicators and human development inspite of high economic growth. Quality of employment, health and education is a major concern. Inequality in both outcomes and opportunities have to be reduced. Another important strategy refers to social policy.
