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Article Name : | | REGIONAL DISPARITIES AND ECONOMIC GROWTH IN INDIA | Author Name : | | Hira Singh , Sandeep Kumar | Publisher : | | Ashok Yakkaldevi | Article Series No. : | | GRT-3343 | Article URL : | | | Author Profile View PDF In browser | Abstract : | | This study addresses issues related to definition, dimension, and measure of economic disparities from the perspective of the finance commission. In India alongside fast economic growth has come to a new challenge of increasing regional disparities. Usingper capita net state domestic product, net state domestic product and urban population data, this paper examined the current status of regional disparities during the period of 2004-05 to 2012-13. The period has chosen because it reflects the latest situation of regional disparities in India. Statistical analysis of data for the period 2004-05 to 2012-13 shows a clear tendency for Indian states to diverge in per capita income, percentage of urban population to total populationand NSDP.In a panel data study for 15 major Indian states for the period from 2004-05 to 2012-13, it is found thatregional inequality in India remained largely unchanged during this study period. The paper argues that the Planning Commission and the finance commissions should take due note about regional imbalances. | Keywords : | | |
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