GS PrelimsGovernance and social sectorSelf Help Groups (SHG)2011

Which of the following can aid in furthering the Government's objective of inclusive growth? 1. Promoting Self-Help Groups 2. Promoting Micro, Small and Medium Enterprises 3. Implementing the Right to Education Act Select the correct answer using the codes given below:

A

1 only

B

1 and 2 only

C

2 and 3 only

D

1, 2 and 3

Correct Answer: Option D

Explanation

1. The objective of inclusive growth aims at ensuring that the benefits of economic development reach all sections of society, particularly the poor and marginalized. 2. Statement 1 is correct: Promoting Self-Help Groups (SHGs) empowers vulnerable sections, especially women, by facilitating financial inclusion, skill development, and collective bargaining power, directly contributing to inclusive growth. 3. Statement 2 is correct: Promoting Micro, Small and Medium Enterprises (MSMEs) is crucial for inclusive growth as they generate large-scale employment, foster entrepreneurship across different regions, and contribute to industrial dispersal. 4. Statement 3 is correct: Implementing the Right to Education Act ensures access to quality elementary education for all children, which is fundamental for human capital development, reducing inequality, and enabling participation in the growth process. 5. Since all three measures directly aid in furthering the Government's objective of inclusive growth, the correct answer includes all three statements.

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