1. More Opportunities for More Growth Times of India Seminar Building an Inclusive India - Harsh Shrivastava - Centre for Civil Society January 15, 2014

2. Capabilities + Opportunities = Growth o Both are needed to promote growth, especially inclusive growth. o Capabilities without opportunities cannot create growth. o Opportunities without capabilities cannot sustain growth. Inclusive Growth | Centre for Civil Society | www.ccs.in 2/11

3. Capabilities + Opportunities = Growth Focus so far is on the Capabilities side of the equation o o o o o o Education Skills Health Hunger Power Banking Inclusive Growth | Centre for Civil Society | www.ccs.in 3/11

4. Capabilities + Opportunities = Growth Not enough on the Opportunities side o Opportunity to start a business o Opportunity to grow a business o Opportunity to exit a business o Employment in the organized sector is not the answer o Livelihoods is part of the answer, but not the whole answer Inclusive Growth | Centre for Civil Society | www.ccs.in 4/11

5. Inclusive growth is more opportunities for: o o o o o o o Dalits Kashmiris Muslims Naxal-affected area residents North-East residents Women fourteen disadvantaged groups! The whole country needs more opportunities, especially in rural areas! Inclusive Growth | Centre for Civil Society | www.ccs.in 5/11

6. Creating more opportunities: Citizens Cultural change o Meghalaya Institute of Entrepreneurship Educational change o Business skills in schools Support of civil society o Argue for rights, but the rights are to what end o www.umeed.org.in Political change o Aam Dhanda Party! Inclusive Growth | Centre for Civil Society | www.ccs.in 6/11

7. Creating more opportunities: Business Outsourcing o Tata-DICCI collaboration Mentoring o BYST is a good model Financing o No moneylenders by 2017! Technology o Mobiles for Muslims to make more money Support grow-ups o Not just start-ups Inclusive Growth | Centre for Civil Society | www.ccs.in 7/11

8. Creating more opportunities: Government Create physical infrastructure o Offices, markets, haats, parking lots Make it easy to do business o Arun Maira committee for states o Need equivalent for cities and panchayats Remove KYC norms o Currently make it impossible to get regular loans Reduce petty corruption o Street-sellers business limited by the reach of their hands Inclusive Growth | Centre for Civil Society | www.ccs.in 8/11

9. Creating more opportunities: Media o Devote 2 percent of airtime, space, etc. to cover, celebrate, and campaign for local businesses o 2 percent of Private Treaties investment to those who support such small businesses o In self-interest: as Micro graduates to Small, it will advertise more on your channels, papers, radio stations Inclusive Growth | Centre for Civil Society | www.ccs.in 10/11

10. Inclusive growth makes economic sense Focus on micro-economic rather than macro o o o o Land Labor Capital Productivity This is also the secret to 10 percent growth o 2 percent more from women o 0.5 percent more from Muslims o 0.5 percent more from Dalits and so on Inclusive Growth | Centre for Civil Society | www.ccs.in 10/11

11. 20 million more opportunities for the marginalized by 2020 More capabilities Plus More opportunities Equals Inclusive growth