India's growth must prioritize sustainability and inclusion, says economist

Speaking at the Prof. C.B. Tigadi Memorial Lecture in Dharwad, economist B.H. Nagoor outlined a comprehensive vision for India's economic future, stressing the need for sustainable and inclusive growth models. The lecture, titled "Indian Economy: Journey So Far and Road Ahead," examined the trajectory of India's economic development and the challenges ahead.

Nagoor's remarks underscored growing concerns among policy experts that rapid economic expansion must be balanced against environmental preservation and social equity. His address reflected broader discussions within India's economic community about the limitations of GDP-focused development strategies that do not account for their distributional impacts across different income groups and regions.

The lecture series, named after the late Prof. C.B. Tigadi, serves as a platform for examining critical issues in India's economic policy. Nagoor's emphasis on sustainability and inclusivity aligns with ongoing national debates about ensuring that economic growth translates into tangible improvements in living standards for India's vast population, particularly in rural and economically disadvantaged areas.

The economist's intervention comes amid India's continued efforts to balance ambitious growth targets with the need to address inequalities and environmental concerns. Policy analysts note that integrating sustainability and equity into growth strategies remains central to achieving long-term economic resilience and social stability.