Essay Writing on GOVERNMENT, CORPORATE, AND NGOS MUST TEAM UP FOR EQUITABLE GROWTH

English_Master February 7, 2016 No Comments
GOVERNMENT, CORPORATE, AND NGOS MUST TEAM UP FOR EQUITABLE GROWTH The Indian economy has begun to clip ahead at 9 per cent. There is hope at last it may reach 10 per cent, a rate China has exceeded for many years. However, the need for more inclusive development is complicating policy choices and pace of reforms. Some suggest that policymakers should push harder on the accelerator; others caution that growth without equity will affect the consensus for reform and growth could stumble. It seems that purely ‘economically correct’ choices are not feasible. ‘Political correctness’ must be factored in- What India needs at this juncture is a reform process whereby growth and equitable participation in growth go hand in hand. The principal thrust of economic reforms since 1991 has been to unshackle the private sector and expand its scope. For citizens of Indian cities, power shortages in the rising heat of the Indian summer have brought that agenda onto the front burner. Neither government nor private companies, to whom Delhi’s power distribution has been handed over, have solved their problems. There is indignation that a private com­pany, putting profits ahead of its service obligations, deprived residents in Delhi of power to sell it to another state at a higher price....
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