Sukhadeo Thorat, Chairman, ICSSR and Former Chairman UGC stressed the need to have better clarity on definition and measurement of inclusive growth and a clear strategy in the 12 {+t} {+h} plan to achieve inclusive growth.

Delivering a lecture on “Twelfth Five Year Plan and Inclusive Growth” at IBS Hyderabad Campus, he said that previous plans did have elements of inclusiveness while the significant difference in the 12th five year plan is the recognition that inclusiveness has to be at the core and that poor is not a homogeneous category.

Elaborating the thinking of various scholars on the same issue, Prof. Thorat emphasised that while all growth would lead to some reduction in poverty, pro-poor growth is about increase in share of the poor in the increased income.

He also said that a targeted and focused approach is necessary to develop the excluded groups in the society to enable them to participate in the main stream growth story.

In his presidential remarks, Prof. Ch Hanumanth Rao, founder member of CESS, stressed the need to include the characteristics of inclusive growth in the strategy and focus on social and economic factors in the policy measures like providing infrastructure for the remote places.

“Equally important is the access to political power for the inclusive growth,” Prof. Rao said.

In his welcome address Prof. J Mahender Reddy, Vice Chancellor, IFHE, stated that growth is important but higher economic growth rates do not by themselves bring inclusiveness or a reduction of inequalities as the eleventh plan experience shows.

Prof. DS Rao, Director IBS, the faculty members and the research scholars of the institution attended the lecture.