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Growth and Cycles in the Indian Economy 1951-1964
Ashok V. Desai
Economic and Political Weekly
Vol. 1, No. 14 (Nov. 19, 1966), pp. 591-594
Published by: Economic and Political Weekly
Stable URL: http://www.jstor.org/stable/4357238
Page Count: 4
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The study of the growth of the Indian economy attempted here brings out the slowdown in the rate of growth of machinery output and the growing bias towards consumer goods in the pattern of growth. The slower growth of machinery output makes one wonder whether our Plans have been all that heavy industry oriented. Either they have not been or they have affected the pattern of growth very little.
Economic and Political Weekly © 1966 Economic and Political Weekly