Income Inequality, Wealth Concentration, K-Shaped Recovery, Middle-Income Trap Risks

Besides the welfare schemes, India needs deft management of Welfare schemes inflation and unemployment to serve the poor and the underprivileged sections of society. Discuss.

What are the salient features of ‘inclusive growth’? Has India been experiencing such a growth process? Analyze and suggest measures for inclusive growth.

Do you agree with the view that steady GDP growth and low inflation have left the Indian economy in good shape? Give reasons in support of your arguments.

Normally countries shift from agriculture to industry and then later to services, but India shifted directly from agriculture to services. What are the reasons for the huge growth of services vis-a-vis industry in the country? Can India become a developed country without a strong industrial base?