India - Accelerating Growth and Development in the Lagging Regions of India World Bank 2012-06-13T20:47:08Z 2012-06-13T20:47:08Z 2008-02
dc.description.abstract Although the Indian economy has been growing at a stellar rate of about 6 percent per annum since the mid-1980s, this achievement has been clouded by growing inequality and divergence in development outcomes among India's different regions. This study, thus, identifies a regional development strategy built around policies that are good for both the development of the Low Income States (LIS) and for India's overall development. That is, these policies are more in the nature of win-win rather than trade-offs between regional and national development. They focus on and address key issues: adverse neighbourhood effects; the comparative advantages of the LIS in agriculture and small town, agro-based, labor intensive industries; support for relatively inexpensive 'local or rural' infrastructure; critical human and social development that addresses exclusion, and; targeted investments of public expenditures alongside a build-up of capacity. These choices focus on core necessities rather than trade-offs between national and regional development. Further, they aim to achieve greater equity in welfare for the population of different regions rather than equality of economic activity in all regions. The rest of this summary discusses these findings in more detail. The next section, section B, presents the stylized facts about the lagging states; and finally, section C summarizes the findings on the constraints they face in raising growth and development. en
dc.language English
dc.publisher Washington, DC
dc.rights CC BY 3.0 IGO
dc.rights.holder World Bank
dc.subject GROWTH
dc.title India - Accelerating Growth and Development in the Lagging Regions of India en
dspace.entity.type Publication 2012-04-26
okr.doctype Economic & Sector Work :: Other Poverty Study
okr.doctype Economic & Sector Work
okr.identifier.externaldocumentum 000333037_20120426001114
okr.identifier.internaldocumentum 16242815 41101
okr.language.supported en
okr.pdfurl en
okr.region.administrative South Asia India
okr.sector General public administration sector
okr.sector General industry and trade sector
okr.sector General finance sector
okr.sector General agriculture
okr.sector General agriculture, fishing and forestry sector
okr.unit Econ. Policy & Poverty Sector (SASEP)
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