Open AccessBase of regional disparities: pure foreign investment
Author(s) -
Gyanendra Pandey
Publication year - 2018
Publication title -
anusandhan vigyan shodh patrika
Language(s) - English
Resource type - Journals
eISSN - 2350-0123
pISSN - 2322-0708
DOI - 10.22445/avsp.v6i1.13911
Subject(s) - investment (military) , foreign direct investment , globalization , work (physics) , business , state (computer science) , corporate governance , development economics , economics , international trade , economic growth , economic system , market economy , political science , finance , macroeconomics , mechanical engineering , algorithm , politics , computer science , law , engineering
Persistent disparities in regional economic conditions in India continue to offer challenges to policy makers. In the era of globalization and privatization the process of regional growth has become much more complex owing to the expanding role of private investment, be it domestic or foreign. Their flows to the states are highly mobile towards the states with skilled labor force with a good ‘work culture’, good socio-economic infrastructure and good governance. Private investments have emerged as one of the major source among the various sources of resource transfers which have further led to widening of regional disparities. This article depicts the inter-state study of 14 states and the flow of foreign investment in bringing about disparities.