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REGIONAL IMBALANCES OF THE COUNTRY SHOULD BE ERADICATED. WHY ?
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Locational advantages are playing an important role in determining the development strategy of a region. ... Thus regional imbalances arise due to such locational advantages attached to some regions and the locational disadvantages attached to some other backward regions.
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1. Resource Transfer and Backwardness: ADVERTISEMENTS: While making necessary award, the Finance Commission in India has been giving due weightage to backwardness of a state as an important criteria for resource transfer from the centre to the states.
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