000			01347pab a2200181 454500
008			180718b2007 xxu||||| |||| 00| 0 eng d
100			_aBalakrishnan, Pulapre
245			_aThe recovery of India: economic growth in the Nehru era
260			_c2007
300			_ap.52-66.
362			_a17 Nov
520			_aThis paper investigates the relationship between the policy regime and growth during 1950-64, termed here "the Nehru era". While there exist valuable early appraisals of the period, access to new data and fresh information allows for a longer and more comparative view of the outcome. We find overwhelming evidence not only of resurgent growth, but also of a lasting transformation of a stagnant colonial enclave into an economy capable of sustained growth. It is useful to recognise the economic policy of this period as distinct, not only from what preceded it but also from what came after, for it facilitates an understanding of the political conditions needed for economic interventions that are growth inducing. The paper also addresses some lingering perceptions of policy of the time, notably its impact on agriculture and the governance of the public enterprises. - Reproduced.
650			_aEconomic growth - India
650			_aEconomic growth
773			_aEconomic and Political Weekly
908			_aN
909			_a76461
999			_c76461 _d76461