It is quite evident that both policy makers and researchers have recognized the importance of balanced regional development for bringing better fruits of development to the doorsteps of the community at large. Problems of regional disparities in India can be attributed at the outset to our colonial past. However, even in the planned development era, one can witness unbalanced regional development in the present day context as well. As India is a federation, it is likely to experience certain drawbacks of a federal system. Any federation is likely to experience both vertical as well as horizontal imbalance as far as the flow of resources to the federating units is concerned. The present volume examines regional imbalances in India. The papers also highlight the causes and come out with possible way forward for reducing regional imbalances.