Urban Bias in the Indian Economy
India is an agriculturally rich nation with one of the highest annual agricultural production in the world. But still, it can be seen that the government is putting extra efforts into the development of the urban sector instead rural sector which is completely based on farming. However, under urban development, the Government of India is promoting industrial growth to increase the gross output of the nation and attract more FDI (Foreign Direct Investment).
Dichotomy of Development
Development must be a continuous process for every economy however the methods and approaches of development vary with nations. However, the difference in opinions and strategies of policymakers creates a dichotomy in development. Almost every economy has its own approach toward development some may adopt an aggressive approach while some adopt a conservative or a calculative approach. However, development is possible in all kinds of approaches, but the results may not be exact.
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