− | There are many articles on the inequitable growth in many economies in the last 2-3 decades, where the gap between the rich and the poor (measured by the 'Gini co-efficient') has increased many times. It is important to explain that mere growth is not synonymous with development. Growth with equity and the nature of growth (sustainable, environment friendly etc) are important factors to consider. | + | There are many articles on the inequitable growth in many economies in the last 2-3 decades, where the gap between the rich and the poor (measured by the 'Gini co-efficient') has increased many times. It is important to explain that mere growth is not synonymous with development. Growth with equity and the nature of growth (sustainable, environment friendly etc) are important factors to consider. |