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The economic survey 2019 emphasised the importance of social, cultural and religious norms in producing “desirable” behavioural changes and therefore “desirable” macro outcomes. It has proposed the use of culture and tradition on several fronts such as gender equity campaign etc. Survey emphasizes on the religious basis to back the righteousness; moral suasion.
Body:
Indian culture is complex mixture of several religions (Hindus-79%, Muslims-14.2%, Christians-2.3%, Sikhs-1.7%). Every religion has its own set of teachings and values which guide the beliefs and attitude and influence their behavior of the followers.
The survey points to a number of mythological and traditional motifs, discusses in detail Mahatma Gandhi’s concept of “seven social sins”, and gives examples of “moral” behaviour from Hindu, Islamic and Christian traditions.
Behavioural Economics: The Economic Survey 2019 has drawn on Nobel Laureate Richard Thaler’s Behavioural Economics Theory to lay out what it describes as an “ambitious agenda” for behaviour change that will bring in social change, which in turn, will help India transit to a $5 trillion economy by 2024-25. Given our rich cultural and spiritual heritage, social norms play a very important role in shaping the behaviour of each one of us.
Moral suasion is the act of persuading a person or group to act in a certain way through rhetorical appeals, persuasion or implicit threats, as opposed to the use of outright coercion or force.
Use of Moral Suasion in Economic Survey:
Yes, Moral Suasion works:
No, Moral Suasion could fail because:
Way forward:
By: Arpit Gupta ProfileResourcesReport error
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