Redistribution is not inclusion
Only in India does redistribution, which keeps the poor and marginalised out of the mainstream of the economy, pass for inclusive growth. Just as Mrs Indira Gandhi in an earlier phase had invented the slogan Garibi Hatao to play down growth, Mrs Sonia Gandhi and those surrounding her invented the 'inclusive growth' mantra. And like Mrs Indira Gandhi, these latter decided that redistribution would henceforth be the focus of the government's policy.
Read Full Story>>