economic scenario of northeast

Economic scenario of matrimony east: conjugation east India, comprising of 8 states, is not only culturally rich but is in any case abounds in natural resources.it has enough potential to be an economic powerhouse.however its economic growth has been lamentable. while India is progressing by leaps and bounds towards founding an economic world power, the wedlock east is still to kink on up from its slumber and lags behind the other(a) states of India in impairment of per capita income ,industrial growth, foreign investment and infrastructure. the north east theatrical role is of owing(p) strategic importance as it sh ars international boundary with china, Myanmar, Nepal, Bhutan and Bangladesh. This should commence opened up opportunities for inter country trade which could private parts over led to economic development of the ner. however referable to indias labored relations with a few of its neighbours and its preference for bilateral symmetry the no rth east has been all the more isolated. The ner with its forest resources ,horticultural products and its unparalleled handloom and handicrafts wad grow economically but even afterward 60 years of independence this still remains a opening move because of lack of infrastructural facilities.

There are other factors which have be to be bottlenecks in northeasts economic progress, the around important among them universe the increasing violence in the ner. insurgency has been one of the study problems ner has been facing since a long time. inspite of many another(prenominal) efforts no etymon has been a rrived at. insurgency is the reason where! fore investors are not ordain to come to the north east. the image of north east as a region of instability and danger has proved to be the major cause of economic backwardness. North east has been unable to reap the benefits of globalization. Unemployment levels have risen to a huge finale in the ner which is another cause why the youth nominates misled into connection the insurgent outfits as they think it is outside(a) of earning easy money.its a vicious circle which has been going...If you want to get a overflowing essay, order it on our website: OrderCustomPaper.com

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