Although India has been witnessing one of the highest economic growth rates since few years, the growth has not been inclusive. Explain.
Answer: Indian economy recorded a growth of 6.8% in 2018-19 and 7.2 % in 2017-18 which were one of the highest growth rates in the world. Between 2010 and 2016, for example, annual real gross domestic product (GDP) growth in India averaged 6.7% despite a relatively weak post-crisis global economy that averaged only 2.7% annual gains.
However, at the same time, this phenomenal growth was not able to translate into over all well being as it was limited to a few richer sections of the population. This could be corroborated from the following facts:
- Nearly 300 million people continue to ....
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General Studies Mains Questions And Answers
- 1 In the time when world is facing hatred, fear and increasing violence what we need is secular ethics and happiness.What do you mean by secular ethics?
- 2 A civil Servant is expected to be objective as well as compassionate. Explain how it is possible to fit into these criteria with suitable examples.
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- 20 Membership of RCEP presents many opportunities for India but current rounds of negotiations fail to address India’s apprehensions. Comment.
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- 22 Do you think the growth model followed by East Asian economies could be suitable in propelling India’s economic growth trajectory?
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- 25 The stagnant and subdued contribution of ‘manufacturing’ sector in the economy beckons at the need for a new Industrial Policy. Elaborate.
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- 27 Lack of affordable and accessible energy sources has resulted in energy poverty in India which acts as a dampener for the economy. What measures could be taken in order to boost India’s per capita energy consumption?
- 28 Advancing blue economy through sustainable management and utilization of ocean’s resources can be a shot in the Indian economy’s arm. Discuss.
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- 31 Why do we need a balanced fiscal federalism? Do you think the fiscal space of the states is weaning away at the hands of the Centre?
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- 34 Comment on the status of Tribal education in India and suggest measure for improvement.
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- 37 Enumerate the reasons for the backwardness of PVTGs and the government initiatives for their development.
- 38 Mission Indradhanush is a potential game changer which can produce far reaching gains if the challenges facing it are overcome on time. Critically analyse the statement.
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