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The Indian Economy: Current Performance and Short-Term Prospects

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Author Info
Raghbendra Jha ()

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Abstract

This paper provides an update on the recent performance of the Indian economy. It reviews India's growth performance, and the supporting performance of savings and investment, productivity and international trade. It highlights the performance of a dynamic sector (automobiles) and a laggard sector (agriculture) and comments on the structure of income growth in recent times. It also points out emerging constraints on rapid economic growth, e.g., increasing regional and personal inequality, rising unemployment, infrastructural constraints and the fiscal deficit. It assesses the prospects for economic growth in the near term.

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Publisher Info
Paper provided by Australian National University, Australia South Asia Research Centre in its series ASARC Working Papers with number 2007-04.

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Length: 25
Date of creation: 2007
Date of revision:
Handle: RePEc:pas:asarcc:2007-04

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Related research
Keywords: Economic Growth; India; Leading Sectors;

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This paper has been announced in the following NEP Reports: References listed on IDEAS
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  1. Dani Rodrik & Arvind Subramanian, 2004. "From "Hindu Growth" to Productivity Surge: The Mystery of the Indian Growth Transition," NBER Working Papers 10376, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  2. Raghbendra Jha & Raghav Gaiha & Anurag Sharma, 2006. "Mean Consumption, Poverty and Inequality in Rural India in the Sixtieth Round of the National Sample Survey," ASARC Working Papers 2006-11, Australian National University, Australia South Asia Research Centre. [Downloadable!]
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This page was last updated on 2009-11-11.

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