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Economic development involves growth with equity. Equity has several dimensions, such as, interpersonal, inter-group, inter-generational and inter-regional. In a vast country like India regional disparities are quite natural and policies for convergence in the levels of development across regions are therefore necessary. The paths towards this convergence with however have to be region specific as regions have their own peculiarities in terms of location, ...
Economic reforms in India, with its urban bias and overemphasis on the industrial sector have pushed agriculture totally to the background. The existence of a dynamic agricultural sector is crucial not only for industrialisation of an economy, but for the overall growth and development. In a less developed country like India it is the agricultural sector which plays a dominant role in gearing the country into the desired channels of growth. The strength of the ...