Significance of Economic imbalance
Economic imbalance in India has historically encompassed various aspects, including wealth inequality between nations and groups, as noted by Narla. In the post-Independence context, it highlights socio-economic disparities that impact the impoverished. Additionally, regional disparities in economic resources and opportunities further exacerbate tensions, leading to calls for regional autonomy. This multifaceted issue underscores the enduring challenges that India faces in addressing economic inequality and enhancing the quality of life for its diverse population.
Synonyms: Economic disparity, Economic inequality
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The concept of Economic imbalance in local and regional sources
Economic imbalance describes disparities in resources and opportunities within regions, leading to demands for autonomy, persistent socio-economic inequalities in Post-Independence India, and wealth gaps among nations, as emphasized by Narla.
From: Triveni Journal
(1) A disparity in economic resources and opportunities within regions, which contributes to friction and demands for regional autonomy post-Independence.[1] (2) The socio-economic disparities that persist in Post-Independence India, affecting the quality of life for the poor.[2] (3) The disparity in wealth and resources among different nations and groups, highlighted as a pressing issue by Narla.[3]