-Atishay Jain, 10783017, 4CO5

“When India attains her destiny, she will

forget the chapter of communal suspicion
and conflict and face the problems of
modern life from a modern point of view.
Differences will no doubt persist, but they
will be economic, not communal.”

-Maulana Abul Kalam Azad

 India Empowered – A story of progress
 India Denied – The Economic Disparity

 Causes of Disparity
Globalisation ,
Liberalisation
GDP growth:
Stunning economic (average % p.a.)
performance
Growth rate > 8% 1900-1950: 1.0%
$ 145 billion forex 1950-1980: 3.5%
reserve from $ 1 billion
in 1991 1981-1991: 5.4%
Production of
Foodgrains for 1 billion 1992-2002: 5.9%
people 2003 onwards: 8.6%
Abundant human
resource, S&T, Skill, IT
Along with economic
growth, international
recognition,
respect and
‘Bangalore may be the abiding
metaphor of the best selling
Indian narrative in globalization
but at the same time the cruel
reality of Bihar also can not be
wished away’.
- Aroon Purie, the man behind the India Today magazine
empire
 Home of 40% of the world’s poor
 300 million people earning < $1 a day

 150 million households without electricity

 30% Indian villages without roads

 35% of people are still illiterate

 127th rank among 177 countries in human

development index of UNDP, 2005
“India occupies two worlds simultaneously. In the
first, economic reform and social changes have
begun to take hold and growth has had an impact
on people's lives. On the other, citizens appear
almost completely left behind by public services,
employment opportunities and brighter prospects.
Bridging the gap between these two Indias is
perhaps the greatest challenge facing the country
today.”
-Michael Carter, Country Director for India, World Bank
 Causes of regional disparity in India can be traced
back into three broad phases. (Chakravorty, 2005)
 The colonial period (roughly from 1800 to 1947)
when the economic logic was only to serve the
colonial interest.
 Nationalization Period (roughly 1947-1980) – an
offshoot of the colonial Raj
 The Globalization period (the period beyond 80s) –
to correct the distortions arising from past
colonialism
 There are many factors that caused the
uneven distribution of wealth many of
which are still prevalent.
 Careful planning and implementation of
economic policy can do wonders in
improving India’s conditions.
 http://argueindia.org/ecogrowth.pdf
 http://www.uoguelph.ca/cids/indiasemestr/
equality.html
 www.pcti.pctiltd.com/download
%5Carticals%5Cinequality&stabilioty.pdf
 http://en.wikipedia.org/wiki/Poverty_in_Ind
ia