More Opportunities for More Growth: Building an Inclusive India
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More Opportunities for More Growth - Harsh Shrivastava - Centre for Civil Society January 15, 2014 Times of India Seminar Building an Inclusive India
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Presentation on Inclusive Growth for TOI Seminar on January 15, 2014
Transcript of More Opportunities for More Growth: Building an Inclusive India
More Opportunities for More Growth
- Harsh Shrivastava
- Centre for Civil SocietyJanuary 15, 2014
Times of India Seminar Building an Inclusive India
Capabilities + Opportunities = Growth
2/11Inclusive Growth | Centre for Civil Society | www.ccs.in
o Both are needed to promote growth, especially inclusive growth.
o Capabilities without opportunities cannot create growth.
o Opportunities without capabilities cannot sustain growth.
3/11Inclusive Growth | Centre for Civil Society | www.ccs.in
Focus so far is on the Capabilities side of the equation
o Educationo Skillso Healtho Hungero Powero Banking
Capabilities + Opportunities = Growth
4/11Inclusive Growth | Centre for Civil Society | www.ccs.in
Not enough on the Opportunities side
o Opportunity to start a businesso Opportunity to grow a businesso Opportunity to exit a business
o Employment in the organized sector is not the answer
o Livelihoods is part of the answer, but not the whole answer
Capabilities + Opportunities = Growth
Inclusive growth is more opportunities for:
5/11Inclusive Growth | Centre for Civil Society | www.ccs.in
o Dalitso Kashmiriso Muslimso Naxal-affected area residentso North-East residentso Womeno … fourteen disadvantaged groups!
The whole country needs more opportunities, especially in rural areas!
Creating more opportunities: Citizens
6/11Inclusive Growth | Centre for Civil Society | www.ccs.in
• Cultural changeo Meghalaya Institute of Entrepreneurship
• Educational changeo Business skills in schools
• Support of civil societyo Argue for rights, but the rights are to what endo www.umeed.org.in
• Political changeo Aam Dhanda Party!
Creating more opportunities: Business
7/11Inclusive Growth | Centre for Civil Society | www.ccs.in
• Outsourcingo Tata-DICCI collaboration
• Mentoringo BYST is a good model
• Financingo No moneylenders by 2017!
• Technologyo Mobiles for Muslims to make more money
• Support grow-upso Not just start-ups
Creating more opportunities: Government
8/11Inclusive Growth | Centre for Civil Society | www.ccs.in
Create physical infrastructureo Offices, markets, haats, parking lots
Make it easy to do businesso Arun Maira committee for stateso Need equivalent for cities and panchayats
Remove KYC normso Currently make it impossible to get regular loans
Reduce petty corruptiono Street-sellers’ business limited by the reach of their
hands
Creating more opportunities: Media
10/11Inclusive Growth | Centre for Civil Society | www.ccs.in
o Devote 2 percent of airtime, space, etc. to cover, celebrate, and campaign for local businesses
o 2 percent of Private Treaties investment to those who support such small businesses
o In self-interest: as Micro graduates to Small, it will advertise more on your channels, papers, radio stations
Inclusive Growth | Centre for Civil Society | www.ccs.in 10/11
Inclusive growth makes economic sense• Focus on micro-economic rather than
macroo Lando Laboro Capitalo Productivity
• This is also the secret to 10 percent growtho 2 percent more from womeno 0.5 percent more from Muslimso 0.5 percent more from Dalits… and so on
20 million more opportunities for the marginalized by 2020
More capabilities
Plus More opportunities
EqualsInclusive growth
