01238pab a2200181 454500008004000000100002100040245003900061260000900100300001600109362001000125520070700135650002800842650002000870773003400890909001000924999001700934952010500951180718b2004 xxu||||| |||| 00| 0 eng d aAcharya, Shankar aIndia's growth prospects revisited c2004 ap.4537-542. a9 Oct aDuring the past year a number of studies have made very optimistic projections about India's medium- and long-term growth prospects. The forecasts of a 7 per cent plus growth rate in these studies have been based on the demographic outlook for India, projected trends in productivity, strength of the country's institutions and an optimism about reforms. However, a critical examination of these factors suggests that India will grow closer to 5.5-6 per cent a year rather than by 7 per cent. It is still worth emphasising that a 5.5-6 per cent average growth is creditable for a large and diverse society and it implies a reasonably healthy per capita income growth of 4 per cent a year. - Reproduced. aEconomic growth - India aEconomic growth aEconomic and Political Weekly a62871 c62871d62871 00104070aIIPAbIIPAd2018-07-19hVolume no: 39, Issue no: 41pAR63321r2018-07-19w2018-07-19yAR