01258pab a2200169 454500 180718b2002 xxu||||| |||| 00| 0 eng d Acharya, Shankar India's medium-term growth prospects 2002 p.2897-906. 13 Jul This paper review India's recent growth performance and assesses medium-term growth prospects in the light of relevant factors. These factors include the likely evolution of fiscal and savings-investment imbalances, financial sector performance, the role of the external sector, economic reforms and productivity, infrastructure constraints, problems in agriculture, the likely developments in labour supply and demand and governmental performance. The paper concludes that it might be reasonable to expect growth in the next five years to fluctuate in the range of 4 to 6 per cent, perhaps averaging close to 5 per cent, provided there is no major economic or financial crisis. This is much lower than the 6.7 per cent growth achieved in the Eight Plan period and far lower than the 8 per cent mooted in the Tenth Plan. - Reproduced. Economic growth - India Economic growth Economic and Political Weekly 53049 53049 53049 0 0 0 0 IIPA IIPA 2018-07-19 Volume no: 37, Issue no: 28 AR53486 2018-07-19 2018-07-19 AR