Inclusive growth is economic growth that creates opportunity for all segments of the population and distributes the dividends of increased prosperity to every section of the society. Intra-generational equity represents availability of opportunities regardless of their economic class, gender, sex, disability and religion.
Sustainable development seeks to promote human well-being, in the senses of both economic growth and social well-being, while simultaneously protecting and conserving the environment.
Following are the major intra-generational issues:
1. Lack of healthcare facilities
2. Lack of quality education leading to difference in capabilities
3. Lack of job opportunities in remote areas of the country like North-east and hilly state.
4. Exclusion of women from various employment categories
Inter-generational equity represents providing for the preservation of natural resources and the environment for the benefit of the future generations.
Following are the major inter-generational issues:
1. Degradation of natural resources like water bodies, forests, soil, etc.
2. Too much focus of GDP growth while ignoring the environment
3. Excessive exploitation of our natural resources
4. Blind consumerism
We need to focus on the development that meets the needs of the present without compromising the ability of future generations to meet their own needs. The continuing relevance of intergenerational equity as a guiding principle shaping climate action has been reaffirmed by the Paris Agreement also.