Balanced regional development is needed to reduce disparities in wealth, infrastructure, and opportunities among different regions. It helps to promote sustainable growth, improve resource allocation, and enhance overall national economic stability. Additionally, it can mitigate issues like urban overcrowding, rural depopulation, and social inequality.
With a view to maintain balanced development in all parts of the country,the concept of regional development commenced in Nepal
Employment generation ,Regional development ,Balanced growth,
Employment generation ,Regional development ,Balanced growth,
Global perspectives on regional development planning emphasize the importance of sustainable and inclusive economic growth, infrastructure development, environmental conservation, social equity, and community participation. There is a growing recognition that regional disparities can impede overall development progress, and thus fostering balanced regional development is seen as crucial for achieving broader sustainable development goals. Collaboration among governments, stakeholders, and international organizations is often highlighted as essential for successful regional development planning.
Regional Development Fund was created in 1961.
Regional Development Fund ended in 1993.
Desislava Terzieva is the Minister of Regional Development for Bulgaria.
Bolat Zhamishev is the Minister of Regional Development for Kazakhstan.
Stanley Betterson is the Minister of Regional Development for Suriname.
Northwest Regional Development Agency was created in 1999.
Miguel Poiares Maduro is the Minister for Regional Development for Portugal.
Igor Nikolayevich Slyunyayev is the Minister of Regional Development for Russia.