Economic development ensuring social justice

Economic development ensuring social justice

The relationship between economic development and social justice is a matter of much debate and this is due to the denial of social justice under the new developmental packages. The growth and penetration of globalist policies have engendered a significant increase in inequality between the haves and the have-nots, creating heavens for the rich and hovels for the poor. The rich have become beneficiaries of the new development process; the poor have been forced to suffer. All the recognized indicators of human resource development 'literacy, life expectancy and child survival are pitifully down the ladder among the developing nations including India. The gross negligence of social justice and its implications have added significance to the concept of social justice in the process of development.

Globalisation has created a serious social crisis affecting wage workers, farmers and employees everywhere. State subsidies for corporates have grown, while the share for the marginalized and vulnerable sections has declined. The neo-liberal development agenda adversely affected India's indigenious development strategy that ensured basic minimum for all. Social justice, the essencial ingredient of development is absent in neo-liberalism. For development to be meaningful it should be able to wipe off the tears of the poor.

The need of the hour is thoughtfully doled out indigenious packages that can ensure basic amenities for sustenance, equal opportunities and equitable distribution of wealth, so that social equality and rights could be enjoyed by all. For development to be complete and just, it requires "sufficiency for all before superfluity for some".

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