inclusive growth is not a populist agenda

Inclusive Growth is more of a Populist Agenda

- Kamlesh Sao

- Neha Wadnerkar

- Rushilla Laishram

- Sudhir Mittal

-Trupti Shrikhande

NATIONAL ECONOMIC PLANNING

INCLUSIVE GROWTHITS NOT, JUST A POPULIST AGENDA

NEP/SS/10-12/ISBE-B/GRP#6(B)

Broad-based growth.

Improved delivery of public services.

Shared Growth (in terms of population).

Equality of income .

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What is "INCLUSIVE GROWTH"?

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"Inclusive growth refers, both to the pace and pattern

of growth."

Balanced growth of economy.

Sustainable Development.

Higher Purchasing Power.

Increased strength of the economy.

Optimum utilization of the resources.

Increased national security.

NEP/SS/10-12/ISBE-B/GRP#6(B)

Advantages of "INCLUSIVE GROWTH".

Indicator 1950-1951 1990-1991 2009-2010

GDP ( Rs. Cr ) 9719 515032 6133230

Per Capita Income 255 6100 46492

Real GDP growth - 2.13% 9.7%

Employment (lacs) - 267.33 279.87

Literacy 18.33% 52.21% 74.04%

Imports ( Rs. Cr ) - 50086 1471500

Exports (Rs. Cr ) - 33153 1071000

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INDIAN ECONOMY - OVERVIEW

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Sector wise distribution of GDP

Agricul-ture55%

Manu-factur-

ing15%

Services30%

1950-1951

Agricul-ture15%

Manu-facturing

28%

Services 57%

2009-2010

1950-1951 1990-1991 2010-2011

Contribution to GDP ( Rs. Cr ) 5515 164575 1453566

Percent Contribution to GDP 51.30% 33.28% 14.62%

Expenditure by govt. ( Rs. Cr.) 1550 74230 5422

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AGRICULTURE

Agriculture sector includes forestry, fishery & mining as well.

Agriculture being the Primary sector, the lesser the

contribution of it, the more developed the economy is.

Rashtriya Krishi Vikas Yojana

Highlights:

Allocation of Rs 300 crore for the programme

Extend Loan Repayment for drought-hit Farmers

Farmers, who repay loan on time, will get a waiver of

2%

Farmers to get Loans at 5%

To extend farm loan repayment by 6 months

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Agriculture

NEP/SS/10-12/ISBE-B/GRP#6(B)

Development of Agriculture is supported by:

& a lot more….. Who have helped the

poor farmers by providing loans at a

very subsidized rates, which resulted

in >>

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1985-2008 2008-09 Target (2011-12)

Inception year 1985 - -

No. of houses ( lacs ) 261.11 40.52 27.27

Net Expenditure ( Rs. Cr ) 70456.07 8800 10000

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Infrastructure

Mega City Scheme

Plan of Central government in fy 1993-1994, under which it released

whooping Rs. 1549.80 Cr, for the development of houses, across the

economy.

Indira Awaas Yojana

Integrated Rural Development Programme

Highlights:

1. The Integrated Rural Development Programme (IRDP) aims at

providing self-employment to the rural poor

2. Assistance is provided in the form of subsidy and bank credit.

3. The pattern of subsidy

25 % - small farmers,

33.33% - marginal farmers, agricultural labourers and rural artisans

50 % - Scheduled Castes/Scheduled Tribes & physically handicapped persons.

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Infrastructure

Phase 1 (1786 – 1969)

General Bank of INDIA (1786) the first bank

Reserve Bank of INDIA (1935)

The Banking company act (1949)

People used to save mostly with Post Offices

Phase 2 ( 1970 – 1991 )

Formation of SBI (1955) & its nationalization in 1960

Creation of Regional Rural Banks

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BANKING

Phase 3

Entry of Foreign Banks

Phone banking & Internet banking

Banking systems became more convenient

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BANKING

Advantages to the weaker section Financial services reasonably at a lower cost to the disadvantaged

and low income groups.

Opening of "no – Frills" account ( Zero balance account )

Number of Kisan Credit cards – 87.83 million.

Number of rural bank branches – 31,727

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BANKING

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Leaders of Banking Sector

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Finance for the Poor

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EMPLOYMENT

Swarnjayanti Gram Swarozgar Yojana Since its inception over 2.25 million self help groups have been

established with an investment of Rs. 14,403 crores. profiting

6.697 million people.

NREGA100 days of work guarantee to any rural adult willing to do public

work at Rs.120 per day in 2009 prices.

The Central government outlay for scheme is 40,000 crore FY

2010-11.

1973-74 1977-78 1982-83 1987-88 1993-94 1999-000

10

20

30

40

50

6054.9

51.344.5

38.9 36

26.1

Percentage of population below poverty line

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Poverty

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Literacy

1950 1970 1990 20100

10

20

30

40

50

60

70

80

90

27.5

45

62

84

8.9

20

38

60

18.2

32.5

50

72

Literacy Rate in India

MaleFemaleTotal

Sarva Siksha Abhiyaan

launched in 2001 for making children (6-14) to complete 8 yrs of education

Mid – Day MealFormerly called as Meal Programme in India,

launched in 1960

12 crore children are covered under the Mid-day Meal Scheme

Expenditure increased from Rs 3010 crore to Rs 4813 crore in 2006-2007.

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Programmes that Support Literacy

District Primary Education ProgrammeLaunched in 1994, had opened more than 160,000 new schools

by 2005, including almost 84,000 alternative schools

National Literacy Mission

Launched in 1988, aimed at attaining a literacy rate of 75 per

cent by 2007.

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Programmes that Support Literacy

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National Rural Health Mission Launched in 2005

Reduction in child and maternal mortality.

Universal access to public services for food and nutrition.

Prevention and control of communicable and non-communicable

diseases, including locally endemic diseases.

Access to integrated comprehensive primary health care.

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HEALTH SERVICES

Other Programmes

Polio Eradication Programme

Central Government Health Scheme (CGHS)

Pradhan Mantri Swasthya Suraksha Yojana (PMSSY)

Janani Suraksha Yojana

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HEALTH SERVICES1961-66 1980-85 1992-97

Expenditure by govt. ( Rs. Cr) 225.9 2831 7575.9

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ITC have till date created direct employment of 5.36 lacs person-

days.

HUL helped state owned Khadi Board through an advisory

relationship with the government of Madhya Pradesh.

Uttam Bandhan , launched by the K.K. Birla group's in Rajasthan

which trains unemployed rural youth as extension workers.

ITC’s “Sunehra Kal” is a social forestry project which was

launched around its Bhadrachalam plant in Andhra Pradesh.

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Participation of Private sector

BPCL works in far-flung village areas to provide education at the

best possible manner .

Companies like BPCL, Indian oil, ITC, Colgate, HUL, Chambal

fertilizers also started various programme to provide aid to the

poor.

In the year 1998 Colgate started project Jagruti , the rural

hygiene drive along with the Indian dental Association.

This project covers 60 lakh people in 20,000 villages, out

of which 15,000 villages had no experience to the availability of

toothpaste and tooth powder.

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Participation of Private Sector

Village Name Aasgaon, Satara District

Sarpanch Mr. Sopan Kamble

Population 1032 ( 217 families )

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Case Study

Over 37 lacs has been funded by govt. from 2000 -2010 for the

development purposes

Zilla Parishad School for education from1st Std - 7th Std

Mid day meal is provided by Government everyday to 270

students.

Government Banking Society Available.

Indira Aawas Scheme

Houses-5, Shops-3

Bus & train transport facility is available

Transport facility for College going students. Pick Up and drop

services

Employed with govt. : In police- 70, In irrigation Dept- 20

Gober Gas - 92,Personal Toilets -192

Public Toilet Unit -6(6x4) 1(1X2)=7=26

Solar Gas-12, No Smoke Cooking Gas- 52

Solar Street Lights- 71,Cylinder Gas-109

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Case Study

NEP/SS/ISBE-B/10-12/GRP#6(A)

NEP/SS/ISBE-B/10-12/GRP#6(A)

NEP/SS/10-12/ISBE-B/GRP#6(B)

Thank You