Economy and Social Development

Economy and Social Development

Economic and Social
Development
Economic growth and social
development are co-related. Comment.
There is nothing more pleasing and
palatable to hear from experts and
economists that India is the second
fastest growing economy and if the illeffects
of global meltdown do not affect
our growth story harshly, India would
become an economic power by 2020. Ever
since the economy has been unshackled
and left free of undesirable and
unnecessary hurdles, we have written our
success story on the economic front with
commendable confidence and
competence.
In a highly competitive world that we
live in, if fast and sustained economic
development is the crying need of the
hour, it is equally true and telling that the
constitutional guarantees and directives
are made mandatory so that the goals of
social development/social justice remain
in sharp focus. Gone are the days when
people could be pleased with pompous
promises.
That economic and social
development go hand in hand, is not only
a fact of modern concept translated into
reality, but also a sure safeguard against
unrest and avoidable social/ethnic
tensions. In India, if we witness some
areas suffering from militancy or
insurgency, the reasons may be both
political and economic. When people’s
perceptions and beliefs coalesce and
express themselves or become visible in
the form of alleged or real discrimination,
deprivation, neglect or imbalance, it is
time to ponder and take urgent steps to
redress their grievances, both political and
economic. It is the paramount duty of
every government, whatever be its
composition or complexion, to see that
the benefits of growth trickle down to the
various strata of society. Besides a fair
share in the national economic
development to those who still live below
the poverty line, it is incumbent on
governments, both Central and States, to
focus directly on health, sanitation,
education, housing etc issues of the rural
and economically...

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