The Challenges of Cultural Diversity

The Challenges of Cultural Diversity

Question

What kinds of disruptions have caused unequalities in inter-regional economy and infrastructure since the era of liberalisation 1990s.

Answer

Liberalisation has given liberty to private investment to Indian and foreign invetors/entrepreneures, companies. They all choose states already developed and were banking, transportation communications, insurance etc. facilities are amply available. This is because profit is main motive in business activities. Thus, the already developed states become more affluent in terms of further development of infrastructure, markets, industries, etc. while other states under developed are facing financial and infrastructural crisis. Eg. Uttaranchal, north east states including Meghalaya, Sikkim, Mizoram, Nagaland, etc. Thus, some states are growing more and more rich while some other are facing severe poverty conditions.

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