Socio-economic Development Disparity in India: An Inter-state Analysis

Abstract

Socio-economic development is multi-faceted. The major facets consist of: income, level of education, level of health, quality of infrastructure, sex ratio, level of employment, industrial and agricultural development, and so on. In India, the progress of socio-economic development among the states is not even. This study makes a modest attempt to measure the socio-economic development among the states of India and highlight the disparity among them. In the same line of thought, a composite index based on several facets of socio-economic development has been developed in a holistic manner and the states are arranged accordingly based on the indices. Instead of studying the disparity of a particular facet across states, a composite index is a better measure. This study has utilized the varied dimensions of socio-economic development and a taxonomic approach to construct a composite index without making any assumptions on the raw data. The findings of the study also support the general perception of large disparity in socio-economic development status of the states in India.

Citation

Raichoudhury, A. (2019), "Socio-economic Development Disparity in India: An Inter-state Analysis", Subudhi, R.N. and Mishra, S. (Ed.) Methodological Issues in Management Research: Advances, Challenges, and the Way Ahead, Emerald Publishing Limited, Leeds, pp. 277-284. https://doi.org/10.1108/978-1-78973-973-220191017