Inclusive Growth in India and its Elements: A Review

India is 5^th in the world in terms of Gross Domestic Product. Its GDP in nominal prices was Rs. 190.1 lakh crore (US$ 2.7 trillion) in 2018-19. As reported by UNDP, India ranks 129^th in Human Development Index with a value of 0.649. India ranks 62 among 74 emerging economies in Inclusive Development Index. Several schemes are being implemented by the government for inclusive growth. MGNREGA has benefitted 22.5 per cent of the rural households by providing wage employment for about 43 days. It has increased the income of rural households and has been successful in reducing the poverty level by 4 per cent. PM-KISAN has helped those who are relatively more dependent on agriculture. It is critical that the policy recommendations are in accordance with inclusive development of the country. This requires a holistic approach that considers factors such as education, health, skill development and social inclusion including employment.