• UGI USER
  • Nov 03, 2023
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Q. Explain intra-generational and inter-generational issues of equity from the perspective of inclusive growth and sustainable development.

Introduction

  • Briefly explain the meaning of Intra-generational equity and Inter-generational equity

Body

  • Explain Intra-generational Equity Issues with examples
  • Explain Inter-generational Equity Issues with examples

Conclusion

  • Mention government initiatives to ensure equity with sustainable development, and need for comprehensive approach to ensure inclusive growth

Intra-generational equity addresses fairness within the same generation, distributing opportunities and benefits equally, linked to inclusive growth. Inter-generational equity focuses on fairness between generations, ensuring present needs are met without compromising future generations’ ability to meet their own, aligned with sustainable development.

Intra-generational Equity Issues for Inclusive Growth

  • Income Disparities: Wide income gaps among individuals within the same generation hinder inclusive growth. g. in India, the richest 10% of the population holds more than 60% of the total national wealth
  • Access to Education and Healthcare: Unequal access to quality education and healthcare perpetuates disparities. Sarva Shiksha Abhiyan aimed to bridge this gap.
  • Gender Inequality: Gender disparities in employment and wages hinder inclusive growth.
  • Access to Financial Resources: Limited access to financial services hampers economic empowerment.
  • Digital Divide: Unequal access to technology and digital resources can limit opportunities for personal and economic development.

Inter-generational Equity Issues for Sustainable Development

  • Climate Change: Failure to address climate change can lead to catastrophic consequences for future generations.
  • Resource Preservation and Conservation: depletion of natural resources and environmental degradation today affects the well-being of future generations.
  • Sustainable Energy Transition: Promoting clean and sustainable energy sources to safeguard the environment for future generations, like International Solar Alliance
  • Intergenerational Poverty Eradication: Persistent poverty can be transmitted across generations, hindering inclusive growth.
  • Fiscal Responsibility: Accumulating excessive debt or fiscal mismanagement can burden future generations with financial challenges.

Government has implemented affirmative action, poverty alleviation, and environmental conservation measures. Initiatives like Pradhan Mantri Jan Dhan Yojana and Swachh Bharat Abhiyan reflect efforts to address intra-generational and inter-generational equity. While challenges remain, a comprehensive approach encompassing sustainable development goals and inclusive policies is essential to promote accessible growth without compromising future generations’ needs.