RBI release DRG Study on “Regional Inequalities in India in the 1990s: Trends and Policy Implications” - આરબીઆઈ - Reserve Bank of India
RBI release DRG Study on “Regional Inequalities in India in the 1990s: Trends and Policy Implications”
The Reserve Bank of India today released a DRG Study entitled, ‘Regional Inequalities in India in the 1990s: Trends and Policy Implications’. The Study is co-authored by Dr. Nirvikar Singh, Professor, University of California, Santa Cruz, USA along with Mr. Jake Kendall, World Bank, Shri R. K. Jain, Director, DEAP and Dr. Jai Chander, Assistant Adviser, DEAP. There are concerns that the regional inequalities have accentuated in the post reform period. While several statistical analyses conducted at the state level support this hypothesis, there is limited systematic analysis/examination of sub- state regional inequality. Disaggregated studies have typically relied on qualitative or descriptive statistics. The DRG study on ‘Regional Inequalities in India in the 1990s: Trends and Policy Implications’ attempts to fill the gap in the existing empirical analysis by providing a more fine-grained and quantifiable understanding of the trends in regional inequality in India. The study is a first of its kind in representing detailed analysis of Indian data below the state level. The study finds that given the size and heterogeneity of Indian states, cross state comparisons and growth regressions tend to be limited in providing useful insights into policy formulation. By recognising the district as an administrative unit and mapping its growth performance and the determinants, the study seeks to provide additional guidance to policy makers. The study also highlights the need for better data collection and empirical work to be undertaken as inclusive growth requires basic understanding of the parameters of broad based growth. The main findings of the study are:
Alpana Killawala Press Release : 2009-2010/1547 |