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India's recent economic growth: some limits and limitations

By: Suresh Babu M.
Material type: materialTypeLabelArticlePublisher: 2005Description: p.3249-252.Subject(s): Economic growth - India | Economic growth In: Economic and Political WeeklySummary: India's recent growth episode is strikingly different than earlier in terms of magnitude and sectoral pattern, as well as the sources of growth. However, viewed from a long-term perspective, growth seems to have acquired an unwavering rate in the last two decades. This is an outcome of the weakening of inter-sectoral linkages, which impose constraints on sectoral growth in the short run and on overall growth eventually. There is a need to look `inward' at the sectors and mutually reinforce their dependence to foster employment and output growth. - Reproduced.
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Articles Articles Indian Institute of Public Administration
Volume no: 40, Issue no: 30 Available AR66865

India's recent growth episode is strikingly different than earlier in terms of magnitude and sectoral pattern, as well as the sources of growth. However, viewed from a long-term perspective, growth seems to have acquired an unwavering rate in the last two decades. This is an outcome of the weakening of inter-sectoral linkages, which impose constraints on sectoral growth in the short run and on overall growth eventually. There is a need to look `inward' at the sectors and mutually reinforce their dependence to foster employment and output growth. - Reproduced.

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