ranjan

India has been passing through the economic imbalances in its different regions since long. Following are the main causes which are responsible for the same - 1) Historical Factor - Regional imbalance started in India from its British regime. The British rulers and Industrialists started to develop only those regions of the country which were possessing rich potential for manufacturing and trading activities. They mostly preferred to concentrate in West Bengal and Maharashtra and more particularly in cities like Mumbai, Kolkata and Chennai. They concentrated all their industries in and around these cities neglecting the rest of country to remain backward. The Land policy followed by the British frustrated the Farmers to the maximum extent and led to the growth of privileged class like Zamindars and Money lenders for the exploitation of poor farmers. In the absence of proper land reforms and industrial policy, country could not achieve the economic growth to a satisfactory level. The