Growth and Distribution Debate: Amartya Sen & Jagdish Bhagwati.

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Growth and Distribution Debate Amartya Sen
Jagdish Bhagwati.
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• This post is written in keeping the view
  of jagdish bhagwati books the demand of
  present-day readers to cater to the unbiased and
  authentic perusal of growth vs distribution. It
  aims to provide the unbiased differentiation
  between Growth and distribution. Meant for
  readers looking to explore the different
  dimensions of objective economics. Candidates
  from different backgrounds can use it as a
  reference to comprehend the behavioural aspect of
  market forces. Be ready to dive in most
  contentious and uncharted terrain kerala model
  amartya sen.

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• Unlike Sen, Prof. Bhagwati is more of a
  progressive mindset. Jagdish bhagwati advocated
  for the Market-oriented Strategy of Growth. He,
  therefore vouch for the Gujarat model of
  development. He also remained a staunch supporter
  of the LPG, 1991 Policy of the Indian govt, under
  the leadership of then finance minister, Manmohan
  Singh. According to him, the development of a
  country depends upon the growth and not
  distribution as cited by Amartya
  Sen. Liberalization can certainly be instrumental
  to enhance industrial growth. Liberation includes
  abolishing license raj, and it shouldnt
  become byzantine. Stress should be laid on
  promoting the public sector as an engine of
  growth and mechanism should be put in place to
  regulate FDI.

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• The public sector can play a vital role in
  economic progress as it helps in the eradication
  of poverty. There is a need to incentivize rural
  demand by pressing for benefits directly to the
  farmers and other sectors of society. More income
  leads to more emphasis on education and skill
  development which ultimately results in the
  overall wellbeing of the poor people.