UPSC Prelims 2010 Q70: Indian Economy – Economic Planning & Five - Year Plans
Inclusive growth as enunciated in the Eleventh Five Year Plan does NOT include one of the
following:
- (a) Reduction of poverty
- (b) Extension of employment opportunities
- (c) Strengthening of capital market
- (d) Reduction of gender inequality
Answer: (c) Strengthening of capital market
Explanation
What "inclusive growth" in the 11th Plan did NOT include
The 11th Five-Year Plan defined inclusive growth around specific, people-centred goals.
| Option | Verdict | Reason |
|---|---|---|
| (a) Reduction of poverty | Is included | Poverty reduction was a central goal of inclusive growth |
| (b) Extension of employment opportunities | Is included | Employment generation was also a core inclusive-growth objective |
| (c) Strengthening of capital market | NOT included | This is a financial-market development goal, not part of the 11th Plan's specific inclusive-growth framework, which focused on people-centred outcomes |
| (d) Reduction of gender inequality | Is included | Gender equality was explicitly part of the inclusive-growth agenda |
11th Plan's inclusive growth framework:
| Point | Detail |
|---|---|
| Core goals | Poverty reduction, employment, reduced gender/social inequality |
| Not included | Capital market strengthening — a separate financial-sector goal |
Answer: (c) Strengthening of capital market.
Why each option is right or wrong
- (a) Incorrect. Poverty reduction was indeed part of the inclusive-growth framework.
- (b) Incorrect. Employment opportunity extension was also part of the inclusive-growth goals.
- (c) CORRECT. Capital market strengthening was a separate financial-sector matter, not part of the 11th Plan's inclusive-growth definition.
- (d) Incorrect. Gender inequality reduction was explicitly part of the inclusive-growth agenda.
Key point
The 11th Five-Year Plan's 'inclusive growth' framework centred on poverty reduction, employment generation, and reduced gender inequality — NOT capital market strengthening, a separate financial-sector goal.
Remember
11th Five-Year Plan's inclusive growth did NOT include strengthening the capital market — it focused on poverty, employment, and gender equality.
Common mistakes
- Assuming any development-sounding goal (like capital market strengthening) is automatically part of 'inclusive growth'.
- Missing the specific, people-centred scope of the 11th Plan's inclusive-growth definition.
- Not distinguishing financial-sector development goals from social-inclusion goals.
Exam tip
11th Plan's 'inclusive growth' = poverty, employment, gender equality — people-centred, NOT capital market development.
Sources
- Planning Commission — Eleventh Five-Year Plan document (2007-2012)
- Planning Commission, Government of India — Towards Faster and More Inclusive Growth: An Approach to the 11th Five Year Plan (2006)