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Rural Non-Farm Sector Employment in the North-Eastern Region of India: Determinants and Implications for Wellbeing

Author

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  • Gautam Kumar Das

    (The Institute of Economic Growth, Delhi)

  • Nijara Deka

    (The Institute of Economic Growth, Delhi)

Abstract

“According to the GDP estimates by economic historian Angus Maddison, 1st century CE onwards India had the largest share of global GDP for 1500 years and shared the top spot with China until 1870. Today, with India becoming the world’s fifth-largest economy, it is no longer unrealistic to pose the question whether China and India can again come to occupy the top two spots—what is a plausible transition to this old normal? What challenges does India face in its quest to get there and what is the pathway to conquering those? How will the race between the USA, China, and India evolve once India becomes the world’s third-largest economy? The paper also explores the assumptions behind predicted growth rates for India to catch up with the USA by 2072.â€

Suggested Citation

  • Gautam Kumar Das & Nijara Deka, 2024. "Rural Non-Farm Sector Employment in the North-Eastern Region of India: Determinants and Implications for Wellbeing," NCAER Working Papers 164, National Council of Applied Economic Research.
    • Handle: RePEc:nca:ncaerw:164
    as

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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Non-farm; Poverty; Expenditure; North-east; Education; Employment;
    All these keywords.

    JEL classification:

    • P46 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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