Source: Hindu Sept 5, 16
The Gap Between Rich and Poor states
by Praveen Chakravarty
and Vivek Deheja, senior fellows in Pol Economy at IDFC Institute, a Mumbai
think tank.
In 1960 the top 3 states were 1.7 times richer than the
bottom states. By 2014 this gap almost doubled, with the top 3 states being 3
times richer than the bottom 3. India is the only large country in the world
today that is experiencing an economic divergence among its states and not
convergence, as economic theory would posit.
Among such economic disparity among states, a Delhi based one
size fits all policy regime for all of India is entirely anachronistic.
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