Bihar Elections Highlight Need for Inclusive Growth

The article discusses the Bihar elections and how political parties are making short-term promises to win votes, like giving cash to people.

The author says this is not good for the country's long-term growth.

He explains that only about 20% of people are really benefiting from economic growth, while the rest are not feeling secure about their future.

The author warns that if the government keeps making these short-term promises, it could lead to big problems like fiscal collapse and slower economic growth.

He suggests that political parties should work together to make sure that growth benefits everyone, not just a few.

He also lists many challenges that need to be addressed, like improving education, healthcare, and creating jobs.

The author hopes that parties will have the wisdom to focus on inclusive growth.