| ID | 093699 |
| Title Proper | Indian growth story |
| Other Title Information | myths and realities |
| Language | ENG |
| Author | Nanda, Nitya |
| Publication | 2009. |
| Summary / Abstract (Note) | India embarked on a high growth path right in the early 1950s. However, due to some internal and external shocks, the economy slowed down from the mid-1960s until about 1980. Moreover, throughout the period, industry and services grew at higher rates compared to agriculture whose share in GDP was almost 60 per cent in 1950. Thus, the increasing trend in the overall growth rate is the reflection of the increasing shares of the high growing sectors in the GDP. It is also suggested that mere growth is not sufficient to reduce poverty, while poverty reduction may also impact growth positively. |
| `In' analytical Note | Journal of Asian and African Studies Vol. 44, No. 6; Dec 2009: p.740-765 |
| Journal Source | Journal of Asian and African Studies Vol. 44, No. 6; Dec 2009: p.740-765 |
| Key Words | Economic Reforms ; Growth ; Indian Economy ; Poverty ; Public Sector ; Structural Break |