Unbalanced regional growth is the major reason for non transmission of positive effects of growth period. This anomaly leads to poor development of some states. The condition of them being poor necessitated more borrowings and aids and low revenue capacity make them incapable of fuelling investment in employment generated events. This lead to high debts and low investment. This vicious cycle continues and increases the differences among the states. For example Maharashtra, Kerala , Gujarat have much better indicators as compared to UP, West Bengal , Orissa etc.
Way forward:
- Create a positive class="youtube-icon"> Subscribe on YouTube