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Strategy of Growth for Substantial Reduction of Poverty and Reversal of Trend towards Increasing Regional Divide

Author

Listed:
  • Raja J. Chelliah

    (MSE)

  • K.R. Shanmugam

Abstract

While Development as Freedom is considered to be one of the objectives of our national economic endeavors, and poverty reduction and fairly balanced regional development are high on the economic agenda, it is well known that our planning and economic policies have failed to produce inclusive growth to enable substantial parts of country to get the benefits of developments. The Approach Paper to 11th Five Year Plan declares its objective to be faster and more inclusive growth, but the Planning Commission or the Central Government do not put forward any significant change in the plan principles or strategies. In this paper we are suggesting a set of new innovative policies as additions to the policies already being implemented.

Suggested Citation

  • Raja J. Chelliah & K.R. Shanmugam, 2007. "Strategy of Growth for Substantial Reduction of Poverty and Reversal of Trend towards Increasing Regional Divide," Macroeconomics Working Papers 22500, East Asian Bureau of Economic Research.
  • Handle: RePEc:eab:macroe:22500
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    Keywords

    poverty; Regional Divide; 11th Five Year Plan; innovative policies;

    JEL classification:

    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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