This paper proposes an alternative holistic model for urban and rural development taken up in tandem that can, in the long run, promote a rational and equitable utilization of national resources and economic growth. Part I of the paper presents a comprehensive overview of the current status of the economy characterized by growing inequality, low agricultural productivity, land availability for urbanization and various competing demands, water resource mismanagement, unemployment, underemployment and low levels of skill development. Part¬II proposes an alternative model of urbanization, resource management and development that can lead to distributed prosperity or what has been called ‘inclusive growth’.
