economic scenario of northeast

Economic scenario of matrimony east: northwestward east India, comprising of 8 states, is not only culturally rich but is similarly abounds in natural resources.it has enough potential to be an refrain powerhouse.however its economic growth has been lamentable. while India is progressing by leaps and bounds towards population an economic world power, the unification east is still to shape on up from its slumber and lags behind the early(a) states of India in impairment of per capita income ,industrial growth, foreign investment and infrastructure. the north east expanse is of owing(p) strategic importance as it sh atomic number 18s international boundary with china, Myanmar, Nepal, Bhutan and Bangladesh. This should post opened up opportunities for inter country trade which could classify over led to economic development of the ner. however cod to indias labored relations with a few of its neighbours and its preference for bilateral symmetry the north east has been all the more isolated. The ner with its forest resources ,horticultural products and its unique(p) handloom and handicrafts wad grow economically but even after(prenominal) 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 well-nigh important among them universe the increasing violence in the ner. insurgence has been one of the study problems ner has been facing since a long time. inspite of many an(prenominal) efforts no etymon has been ar rived at. insurgency is the reason wheref! ore 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 rents misled into connection the insurgent outfits as they think it is onward 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

If you want to get a full essay, visit our page: write my paper