Publication |
2014.
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Summary/Abstract |
The growth performance of the Indian economy has been varied, yet impressive. From a slow growing nation in the 1950s and 1960s, India moved to a high growth trajectory since the initiation of economic reforms since 1991, and despite serious downturn in recent years due to the onset of global recession, in term of growth of GDP at factor cost, India in recent periods became the second fastest growing nation in the world, and this continued systematically over a decade. Her growth performance in recent decades like that of China has been hailed as the success story of globalization
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