Why is equity as a planning goal very important?
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If an economy is growing but large sections of its people are living in mass poverty, we cannot call it growth. Equity is important because the benefit of growth must reach all sections of society. If it does happen so then it will be called growth but not development.
It will give birth to a dual economy in which extreme inequalities will exist.
It will give birth to a dual economy in which extreme inequalities will exist.
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