Bhartiya Model of Inclusive Growth: Sabka Sath, Sabka Vikas
India has recorded steady growth despite domestic and global challenges, including, once in a century pandemic COVID-19 followed by an oil price shock. Many of the ideas that have motivated Indian policy makers are also gaining acceptance in the developed countries and across the World. India’s indigenous development strategy has not been static, but has evolved & developed with experience and changing national & international environments. It is therefore an appropriate moment to attempt a formalization of this development model. Two earlier policy papers [Virmani (2022a, b)] have outlined the “Bharatiya Model of Inclusive Development: Sabka Sath, Sabka Vikas, Sabka Vishwas” This paper elaborates the concepts with data, does a tentative analysis of the outcomes, and ends with some speculation about the future evolution of the model.
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