The imperative of social sector development for achieving the goal of inclusive growth in India: An analytical study (Record no. 517331)

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fixed length control field 02530nam a22001577a 4500
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fixed length control field 210709b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Chadha, Vikram and Chadda, Ishu
245 ## - TITLE STATEMENT
Title The imperative of social sector development for achieving the goal of inclusive growth in India: An analytical study
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Journal of Social and Economic Development
300 ## - PHYSICAL DESCRIPTION
Extent 22(2), Dec, 2020: p.355-378
520 ## - SUMMARY, ETC.
Summary, etc The imperative of social sector development for achieving the goal of inclusive growth in India: An analytical study
Growth inclusiveness has remained the prime agenda of India’s economic development policy. India did experiment with trickle down approach to development for achieving the objective of income redistribution and social justice, but floundered on that by the end of fourth plan. Since then the focus is on human welfare and development approach. Indian planners targeted the removal of poverty and inequality as the goal and the fundamental element of our growth strategy. This inclusive growth model necessitates the social sector development, an approach which is an adjunct to the capability approach of human development and also ensures rapid and sustained growth. The present study intends to construct the composite index of inclusiveness for India by deploying principal component analysis. The study also examines the relationship between different components of social sector development and inclusiveness index of growth in India, using an autoregressive distributed lag model for the period of 1986–2016. The empirical results suggest that the estimated coefficients of the long-run relationship between social sector development and growth inclusiveness are significant for ‘education outlays’, ‘expenditure of water supply and sanitation’, ‘housing and urban development’, ‘welfare for marginalized class’, ‘spending on social security and welfare’ and ‘food storage and warehousing’. For the short-run coefficients ‘labour and employment’, ‘rural development’ and ‘food storage and warehousing’ are statistically significant for inclusive growth of India. The analysis reveals a tardy progress towards rendering growth inclusiveness in India. – Reproduced
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Social sector development, Inclusive growth, Composite inclusiveness growth index, ARDL approach Principal component analysis
9 (RLIN) 24994
773 ## - HOST ITEM ENTRY
Main entry heading Journal of Social and Economic Development
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP SOCIAL AND ECONOMICAL DEVELOPMENT
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Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2021-07-09 22(2), Dec, 2020: p.355-378 AR124673 2021-07-09 Articles

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