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India's Recent Economic Growth: Some Limits and Limitations
Suresh Babu M.
Economic and Political Weekly
Vol. 40, No. 30 (Jul. 23-29, 2005), pp. 3249-3252
Published by: Economic and Political Weekly
Stable URL: http://www.jstor.org/stable/4416926
Page Count: 4
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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.
Economic and Political Weekly © 2005 Economic and Political Weekly