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Regional Inequality and Convergence in Economic Growth in India

In: Development Disparities in India

Author

Listed:
  • Arpita Banerjee

    (MUC Women’s College)

  • Pravat Kumar Kuri

    (University of Burdwan)

Abstract

The accentuation of regional income inequality, particularly during the period of liberalization and globalization in India, has been a major policy concern for Indian policymakers. After nearly 20 years of performance in a neoliberalized environment, the debate continues about whether excessive reliance on market creates development distortion by aggravating inequality. Against this backdrop, this chapter makes a renewed attempt to evaluate the growth performances and the trends and patterns of inequality in the per capita net state domestic product (PCNSDP) of India. This chapter also examines the nature of convergence of PCNSDP of Indian states using panel data framework for a period of nearly 40 years (1970–1971 to 2009–2010).

Suggested Citation

  • Arpita Banerjee & Pravat Kumar Kuri, 2015. "Regional Inequality and Convergence in Economic Growth in India," India Studies in Business and Economics, in: Development Disparities in India, edition 127, chapter 4, pages 35-67, Springer.
    • Handle: RePEc:spr:isbchp:978-81-322-2331-3_4
    DOI: 10.1007/978-81-322-2331-3_4
    as

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