Licchavi Lyceum


Licchavi Lyceum

Inclusive Growth and Issues Arising from it

Inclusive growth has been defined as “not excluding any section of the society”.

In summary, Inclusive growth is the growth that reduces disparities among per capita incomes in agriculture and non-agriculture, in rural and urban areas, and in different socio-economic groups, particularly between men and women and among different ethnic groups.

The result of inclusive growth is reduction in vertical inequalities (individual inequalities) and horizontal inequalities (group inequalities).

Economic growth is a precondition for inclusive growth, though the nature and composition of growth has to be conducive to inclusion.

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