Explain the reasons behind regional disparity in India.
Causes of Regional Imbalances or Disparities in India:
1. Historical factors: British regime
2. Geographical factors : Natural factors
3. Failure of planning: Although balanced growth has been accepted as one of the major objectives of economic planning in India, since the second plan on wards, but it did not make much headway in achieving this object.
4. Financial: Small and Medium enterprises which are important engine of growth and productivity have not been able to access finance in rural areas.
5. Infrastructure
6. Disparities in Socio-Economic Development:
7. Political
8. Predominance of Agriculture:
9. Lack of Motivation on the Part of Backward States
10. Locational Advantages
Causes of Regional Imbalances or Disparities
1. Historical Factors:
Regional imbalances in India started from its British regime. British industrialists mostly preferred to concentrate their activities in two states like West Bengal and Maharashtra and more particularly to three cities like Calcutta, Bombay and Madras and neglecting the _____ ______ __________ ____ _____.
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