Gap Bridging Between Policy and Reality of Industrial Development in the State of Gujarat

Authors : Kandarp Saparia, Dr. Nanak Pamnani.

Volume/Issue : Volume 4 - 2019, Issue 5 - May

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The need and importance of economic development for the well-being and betterment of any region has been accepted as a universal truth and as a prime necessity of life; hence any further elaboration in the context is needless. Gujarat State has understood the necessity of industrialization for economic development very early and hence adopted the “Industrial Policy” as systemic approach to achieve it. State has used its “Industrial Policy” as a tool to achieve desired industrialization at macro level and to mitigate regional disparities at micro level. State has also formulates special-apex level institutions like GIDC and GIDB to boost the industrial development. It’s notable that GIDC and GIDB are first of its kind in entire country and after the remarkable performance of both, other States forced to adopt the similar approach later.

Keywords : Industrial Development, Industrial Policy, Industrialization, Urbanization, Industrial awareness.


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