Challenges for inclusive development


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× A $5-trillion economy will not significantly improve human development. Kerala’s achievements must be emulated Despite the Covid pandemic dealing a sledgehammer blow, the Centre is still confident of making India a $5-trillion economy by 2025. A $5-trillion economy translates into growth of 88 per cent from the present $2.65 trillion (₹195 lakh crore) and would make India the fourth largest behind the US, China and Japan. But what does this mean in the context of inclusive development? Currently, India is ranked 131 out of 189 nations on the Human Development Index (HDI) scale which is not something to be...