Economic growth with social justice due to technology

Technological advancement is not a new phenomenon. People around the globe have been making

technological inventions and innovations for centuries in order to make life easier and simpler. The

proven link between technology and economic growth is also a linear one, not requiring any further

debate or deep discussion. The challenge of the present generation is bringing inclusive growth

through technology. Inclusive growth is one that brings economic growth with social justice. If used

positively, technology can reduce the problem of inequality and injustice in many ways.

In this essay, we are going to talk about how technology can help the poor reap benefits of economic

growth by efficient re-distribution of income among the most downtrodden. For this we will examine

the potential effects of JAM trinity. Secondly, we will examine the potential contribution of food

processing in developing countries in solving the problem of food shortage and lack of access to all.

We will also examine impact of large scale manufacturing in providing money and jobs to the lower

level of our society. Lastly, we will discuss how technology is democratizing the world through social

media, bringing social justice.

JAM trinity clearly identifies the importance of technology in bringing about inclusive growth. The

first step in creating an efficient redistribution system is to provide access to technology to everyone

in the country. Jan Dhan accounts aim at achieving that by opening bank accounts for everyone in the

country. By opening Jan Dhan Accounts, BPL benefits can be directly transferred through these bank

accounts, thus taking a step forward towards inclusive growth. The recent mission has been a success

as more than 19 crore households have been provided Jan Dhan accounts. Various schemes like

MGNREGA can benefit greatly as money is transferred directly to the beneficiary rather than

exchanging hands multiple times under the present system. The next step in linking Jan Dhan

accounts to aadhaar number of every individual, giving a unique identity to every person in the

country. Identity is the first and most important step to achieve social justice. Without a unique

identity, an individual is deprived of most state led benefits. Mobile is also emerging as a revolution

around the world. Countries are trying to use it for a more inclusive growth. Mobile has taken

technology to everyone’s hands, giving them more power than ever before.

As said by pandit Jawaharlal Nehru, food protection to every household is the foremost responsibility

of a poor nation like India. Even now, many developing countries around the world are fighting the

menace of lack of food. Technology can help in solving the problem through food processing. This

technological advancement has the potential to reduce food wastage by leaps and bounds, make food

more nutritious and enable equal access to everyone by controlling price fluctuations in food. High

food prices has emerged as a global phenomenon, food processing can be an important step in

tackling it, thus creating a more inclusive society.

Technology can also provide more jobs through greater manufacturing. After 1991 reforms, the

service sector transformed Indian white collar job industry and took it to millions of people.

Manufacturing can do the same in twenty first century, for india as well as other developing countries

in south asia and Africa. The need of the hour is to lay all focus on becoming the manufacturing

powerhouse of the world, just like china.

Social justice is not limited to economic advantages. Creation of a democratic society is also an

integral part of inclusive and just growth. Social media brought a new revolution in middle east

countries in 2011 and transformed their governance from dictatorial and authoritative to more

democratic and just. The jasmine revolution and other following revolutions are proofs of potential of

technology in creating an equal society around the globe.

We can conclude that technology has the potential of creating a more inclusive society. However, the

debate cannot be limited to potential of technology. It is the intention of humans, which matters in

using or mis-using technology for their advantage. Nuclear technology can be used for clean energy

for everyone and the same technology can destroy the world in one go. Therefore, it depends upon

how we as users of technology utilize it for common good, which will define our future.

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