Inclusive growth refers to an economic growth model that is distributed fairly across society and creates opportunities for all, ensuring that every section of the population benefits from the nation's prosperity. Unlike growth that is solely measured by GDP, inclusive growth emphasizes equity, equality of opportunity, and the protection of rights for all. It aims to reduce poverty and inequality while ensuring that marginalized and disadvantaged groups have access to essential services and opportunities. For a diverse and populous country like India, inclusive growth is essential for sustainable development and social stability. It requires a multifaceted approach, encompassing economic policies, social programs, and institutional reforms designed to provide equal access to resources and opportunities, and to empower the vulnerable segments of society.

GDP Growth vs. Inclusive Growth

GDP Growth

Gross Domestic Product (GDP) is a measure of the economic performance of a country, representing the total value of goods and services produced over a specific time period.

High GDP growth indicates a booming economy but does not necessarily reflect the distribution of wealth or the well-being of all citizens.

GDP growth is often driven by sectors that may not employ a large portion of the population, leading to disparities.

Inclusive Growth