Q20.Explain intragenerational and intergenerational issues of equity from the perspective of inclusive growth and sustainable development.

Equity, fundamental to inclusive growth and sustainable development, ensures fairness within and across generations for broad participation and long-term well-being.

Intragenerational equity signifies fairness among people of the same generation, tackling disparities in income, resources, and opportunities. Issues like income inequality, regional imbalances, and unequal access to basic services hinder inclusive growth by limiting participation and perpetuating poverty. It is vital for the social and economic pillars of sustainable development.

Intergenerational equity ensures present development does not compromise future generations' needs. Issues include resource depletion, environmental degradation, climate change, and public debt. Addressing these ensures long-term growth sustainability. It is fundamental to the environmental pillar and long-term economic viability of sustainable development.

Balancing both equities is essential for a just, inclusive, and truly sustainable future.