Regional Development and Public Policy Challenges in India

This book emphasizes the need for experimenting with more deliberate and rigorous policy processes to attain balanced regional development, which can promote both equity and efficiency in India’s development discourse. The institutional mechanisms for dea

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The Indian economy is considered to be one of the fastest growing economies of the world with India amongst the most important G-20 economies. Ever since the Indian economy made its presence felt on the global platform, the research community is now even more interested in studying and analyzing what India has to offer. This series aims to bring forth the latest studies and research about India from the areas of economics, business, and management science. The titles featured in this series will present rigorous empirical research, often accompanied by policy recommendations, evoke and evaluate various aspects of the economy and the business and management landscape in India, with a special focus on India’s relationship with the world in terms of business and trade. More information about this series at http://www.springer.com/series/11234

Rakhee Bhattacharya Editor

Regional Development and Public Policy Challenges in India

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Editor Rakhee Bhattacharya Rajiv Gandhi Institute for Contemporary Studies New Delhi India

Disclaimer The views expressed in this volume are those of the authors and do not necessarily reflect those of the editor or the Institute.

ISSN 2198-0012          ISSN 2198-0020 (electronic) India Studies in Business and Economics ISBN 978-81-322-2345-0    ISBN 978-81-322-2346-7 (eBook) DOI 10.1007/978-81-322-2346-7 Library of Congress Control Number: 2015940752 Springer New Delhi Heidelberg New York London © Rajiv Gandhi Institute for Contemporary Studies 2015 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper Springer India is part of Springer Science+Business Media (www.springer.com)

Acknowledgements

This volume is the outcome of the RGICS project on ‘Balanced Regional Development: Challenges and Way Forward’. It would not have seen the light of the day without the immense support of many eminent scholars and experts. I express my deepest gratitude to Prof. K. L. Krishna, Prof. M. Govinda Rao and Prof. Kaushik Basu for th