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NATIONAL ECONOMIC PLANNING

12/09/2021 IIPM BANGALORE


WHAT IS INCLUSIVE GROWTH?

Inclusive growth as per the literal meaning of


the two words, refers to both the pace and
the pattern of the economic growth of a
country.

It focuses on economic growth which is a


necessary and crucial condition, for poverty
reduction.

12/09/2021 IIPM BANGALORE


How Inclusive growth has helped us in our Economic development?Cont’d

• The 11th 5 year Plan of India


2007-2012
This five year plan focuses on inclusive growth
Social Sector services
Agriculture
Industry
Services
Physical Infrastructure
12/09/2021 IIPM BANGALORE
How Inclusive growth has helped us in our
Economic development?
• Inclusive growth as a strategy of economic
development, received attention owing to a
rising concern and it has equitably shared.
• With the rise of lexicon economists,
planners, academicians and businessmen,
not just in India but even in international
forums.

12/09/2021 IIPM BANGALORE


INDIA’S GROWTH

PERIOD AVG GDP GROWTH/YEAR (%)


1st 30 years after independence 3.5

1980’s 5.6

1990’s 5.8

2005 to 2010 8.5

2011 9.0 (Est)

12/09/2021 IIPM BANGALORE


Future Growth

India: Currently a $1.3 Billion Economy with a


population of 1.2 billion

To sustain 9% growth and progress to a


double digit growth rate, inclusiveness of all
members of society in India is required.

12/09/2021 IIPM BANGALORE


Growth of Higher Education in India

20 Universities 500 Colleges


1950

2007
369 Universities 18,064 Colleges

Source:http://www.dnaindia.com/money/report_populism-affecting-india-s-
growth-ongc-chairman_1468463 IIPM BANGALORE
12/09/2021
Developing Infrastructure
• India has enormous manpower.
Transportation (Road, Rail, airports, seaports etc)
Energy ( Power, Natural Gas, Coal mines,
petroleum etc)
Water Management (Drinking water, sewage,
irrigation etc)
Communication (Postal, Phones, TV/Radio etc

12/09/2021 IIPM BANGALORE


Soft Infrastructure:
Social ( Education, Healthcare, Social Welfare
etc)
Industrial ( Manufacturing, SEZ etc)
Institutional ( Financial system, Information
Technology, Governance etc)

12/09/2021 IIPM BANGALORE


World Bank & Inclusive Growth

The inclusive growth program is inspired by


the World Bank's mission to help developing
countries alleviate poverty.

12/09/2021 IIPM BANGALORE


Role of Industry, Media and NGOs for
Inclusive Growth
Importance of Small and Medium Enterprises
(SMEs) for Inclusive Growth

The relevance of Media for Inclusive Growth

The Role of NGOs for Inclusive Growth


Proper medial and health care.

12/09/2021 IIPM BANGALORE


• SME sector is estimated to account for 45 %
of India's manufacturing output and 40 per
cent of exports, employing 59 million people

12/09/2021 IIPM BANGALORE


• Apart from these the finacial sector also
helped us which used to be an inclusion
distant dream?
• Some new innovations are seen now like the
‘Bank Correspondent’ who is the low
cost interface between a
bank branch and the customer

12/09/2021 IIPM BANGALORE


Microfinance
It is one of the great success stories in the
developing world in the last 30 years and is
widely recognized as a just and sustainable
solution in alleviating global poverty.
Commercialization of Microfinance in India as
news reports suggest has the central
government now planning to put in place a
‘Regulator’ in the microfinance space.
Source: Opportunity International

12/09/2021 IIPM BANGALORE


CONCLUSION
VISION 2020 as said by Dr.APJ.Abdul Kalam
during his term as president India will be
shining by 2020 and will be counted in the list
of developed countries.

12/09/2021 IIPM BANGALORE


THANK YOU 
12/09/2021 IIPM BANGALORE

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