Tamil Nadu Development Report: No. 2 (State Development Report) - Softcover

Government Of India, Planning Commission

Softcover

ISBN 10: 8171884652 ISBN 13: 9788171884650

Publisher: Academic Foundation, 2005

Synopsis

"The Tamil Nadu Development Report" highlights that the State economy is now driven largely by industry and services, with agriculture accounting for less than 20 per cent of State Domestic Product. However, traditional sectors like agriculture and small industries cannot be neglected since they provide employment opportunities to a large number of population. Diversification of the rural economy to horticulture, dairy, fisheries, poultry and agro-processing has provided employment opportunities and reduced poverty. The high level of urbanisation of the State requires massive investments in all the infrastructure areas - power, roads, ports, water supply and sewerage, and telecom. Reforms in these sectors, including public-private partnership are needed for future growth of the economy. The service sector, particularly Information Technology Services, Financial Services and Tourism have immense potential in Tamil Nadu. While power is no longer a serious constraint, the scarce water resources of the State limit the growth of the economy in many areas. The finances of Tamil Nadu are better managed than most other States. The State is no longer on the verge of serious financial crisis, but still requires to take several reform measures including the implementation of the Value Added Tax. While the State is known for comparatively good administration, there is need for greater transparency and accountability. Local government institutions which are closer to the people need to be strengthened. "The Tamil Nadu Development Report" lays out the past achievements as well as potential in various sectors of the State economy. The report also suggests policies and strategies that should be followed for future development of the State.

About this title

About the Author

The Planning Commission, Government of India is the part of the government of India entrusted with the task of drawing out extensive five-year plans for the country's development and playing a crucial role in the planning and policy-making process.

Edition details

• Publisher: Academic Foundation
• Publication date: 2005
• Language: English
• ISBN 10: 8171884652
• ISBN 13: 9788171884650
• Binding: Paperback
• Number of pages: 330