REGIONAL IMBALANCES AND ROLE OF PLANNING IN INDIA

Balanced regional development has always been an essential component of the Indian development strategy. Since all parts of the country are not equally well endowed with physical and human resources to take advantage of growth opportunities, and since historical inequalities have not been eliminated, planned intervention is required to ensure that large regional imbalances do not occur. Therefore this brief note addresses how India’s Five Year Plans targets the issue of regional disparities and attempts to reduce the imbalances in the economy.