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Case
| HBS Case Collection
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2009
(Revised from original 2007 version)
Punjab and Kerala: Regional Development in India
by
Lakshmi Iyer
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Abstract
Between 2000 and 2004, India's economy grew by 6.35%. Focuses on the states of Punjab and Kerala, which emphasized sharply different development strategies. The states had to decide whether to focus their investment efforts on physical capital or improving social indicators. Both states faced constraints in the form of budget deficits, competition from other states, and coordination with central government policies.
Keywords: Development Economics;
Capital;
Investment;
Policy;
Growth and Development Strategy;
Business and Government Relations;
Social Issues;
Kerala;
Punjab;