Regional Economic Disparities in India

Balance regional development has always been as essential component of the Indian development strategy in order to ensure the unity and integrity of the nation. Science not all parts of the country are equally well endowed to take advantage of growth opportunities, and since historical inequalities have not been eliminated, planned intervention is required to ensure that large regional imbalances do not occur. Successive plants have stressed the need to develop backward region of the country. In promoting regional balanced development, public sector enterprises were located in most backward areas of the country. It has helped these areas in terms of development of infrastructure. Employment opportunities, and growth of ancillary industries to a limited extent. With a view to addressing the problem of regional inequalities, a new initiative in the form of the rashtriya Sam Vikas Yojana (RSVY) was operationalised in the tenth Five Year Plan (2002-07). It aimed at focused developmental programmes, primarily to fill gaps, for backward areas which would help reduce imbalanced, speed up development and help these aread to overcome poverty, besides facilitating these states to move up the ladder of reforms. The present work describes and examines various dimensions of regional economic disparities in India.