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Political Empowerment of Telangana – CH. Hanumantha Rao ఫిబ్రవరి 21, 2012

Posted by M Bharath Bhushan in Andhrapreneurship, Economy, Hyderabad, livelihoods, Mulki, politics, regionalism, SEZ.
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Political Empowerment of Telangana – Key Lesson from Encouraging Performance of Smaller States

C.H. Hanumantha Rao

1. Introduction

Achieving economic growth with social justice has always been the foremost objective of economic planning in India since independence. Although the achievements in this respect have been substantial, the growth achieved was much slower than planned and reduction of poverty was also slow. It was after the launching of economic reforms in the early 1990s that the growth rate of the economy accelerated, but the reduction of poverty became even slower with rising inequalities in income. In view of this, the plan strategy was reviewed and the Eleventh Five Year Plan aimed at achieving faster and inclusive growth. In the last few years, however, issues like the degradation of environment and large-scale displacement of people and destruction of their livelihoods, especially in tribal areas, on account of indiscriminate mining and certain other projects have come into sharp focus. Responding to these growing concerns, the Government of India has recently come out with the three-fold strategy of faster, inclusive and sustainable development during the Twelfth Five Year Plan. (మరింత…)