Dehradun, April 3 -- Even as statistics indicate that Uttarakhand's State GDP is rising rapidly, economists should also focus on how equitable wealth distribution is among various sections of its society. There are many models of development that do not necessarily meet the social and democratic objectives. Unless intelligently regulated, exploitative business practices can make some people rich, while employees are exploited in a number of ways. This may lead to short-term gains, but in the long run, it deprives the system of the required skilled workers, as low wages can force the emerging workforce to choose other professions or even migrate to greener pastures.
So, even as the government is taking up 'urgent' issues such as renaming ur...