UPSC Editorial Analysis: Managing Regional Economic Divergence in India

General Studies-3; Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.    Introduction The Economic Advisory Council to the Prime Minister (EAC-PM) released the report “Relative Economic Performance of Indian States (1960-61 to 2023-24)”. The study assesses states’ contributions to national output and compares their per capita incomes with the …

“Resource abundance often leads to paradoxical underdevelopment”. Examine this phenomenon with reference to India. Compare situations across different resource-rich regions within the country.

Topic: Distribution of important resources in the world Q2. “Resource abundance often leads to paradoxical underdevelopment”. Examine this phenomenon with reference to India. Compare situations across different resource-rich regions within the country. (10 M) Difficulty Level: Medium Reference: InsightsIAS Why the question India’s mineral-rich states paradoxically face high poverty and low HDI, raising concerns of …