Does Regional Inequality increase Poverty?: After Post Reform Period in India

Authors

  • Dr. Mohammad Asif Associate Professor, Department of Economics, Aligarh Muslim University, Aligarh, India.
  • Furqan Ali Research Scholar, Department of Economics, Aligarh Muslim University, Aligarh, India.

Keywords:

NSDP, Growth, Inequality, Poverty, Region, State

Abstract

Since 1991, India embarked on a comprehensive list of economic reforms. From these two and half decades, various issues and challenges have emerged in India like, what are the outcome of economic growth in India in terms of NSDP in different states. Income inequality either reduces, increase, or remain the same between the state as individual and regional level inequality. The study takes the time series data from 1993-94 to 2016-017. The data is to be collected from the following primary sources, like CSO report, NITI Aayog, Bulletins of RBI, Government of India Publications, and make five regions as Northern, Eastern, Western-Southern and North Eastern. Economic growth does reduce poverty and income inequality. However, economic growth does not give the impression to the satisfactory results for the reduction of extreme poverty. It obliged the well-designed policies and investment in education, health and sanitation, infrastructure, and strong government policies. Now a day, the menace of poverty and inequality also increased in urban areas. The creation of productive employment is a fundamental duty of the center, as well as the state. India’s wish to become a global power should fulfill if it reduces the extreme poverty in the country. It needs investment in human capital and improves social development.

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Published

15-09-2021

How to Cite

Dr. Mohammad Asif, & Furqan Ali. (2021). Does Regional Inequality increase Poverty?: After Post Reform Period in India. International Journal of Management Studies (IJMS), 6(4), 75–84. Retrieved from https://researchersworld.com/index.php/ijms/article/view/918

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