Which of the following can aid in furthering the Government’s objective of inclusive growth?1. Promoting Self-Help Groups2. Promoting Micro, Small and Medium Enterprises.3. Implementing the Right to Education ActSelect the correct answer using the codes given below:
✓ Correct answer: d) 1, 2 and 3
ExplanationInclusive growth is economic growth that delivers social benefits, tackles inequalities and spreads benefits more fairly between people and places.In the context of the Indian economy, several initiatives contribute significantly to this objective:Statement 1 is correct : Self-Help Groups are communi- ty-based groups that enable people to come together for mu- tual support, primarily in rural areas.These groups provide a platform for individuals, especially women, to access financial services like savings, credit, and insurance.SHGs contribute to inclusive growth by empowering women, improving finan- cial literacy, and enhancing social capital.Statement 2 is correct : MSMEs play a pivotal role in India’s economic landscape by generating employment, fostering innovation, and contributing to exports.They encourage eq- uitable distribution of wealth and act as engines of econom- ic progress.The MSME sector has the highest employment growth rate, positively impacting both exports and industrial growth.Statement 3 is correct : The RTE Act mandates free and com- pulsory education f
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