New Delhi, May 17 -- Former NITI Aayog member Arvind Virmani on Sunday highlighted the difference between headline growth and inclusive development and called for the structural reforms in education, job skilling and public health.

Speaking with ANI, Virmani underscored that while a high GDP growth rate (such as India's consistent 6.5% to 7%+ trajectory) looks excellent on a macroeconomic scoreboard, it doesn't automatically translate to widespread wealth. For that growth to actively lift the bottom 50% to 60% of the population, the structural foundation of human capital must be reformed.

His argument rests on a crucial macroeconomic formula: Sustained Fast GDP Growth to Accelerated Per Capita GDP to Higher Average Welfare. However, to ...