Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
0Activity
0 of .
Results for:
No results containing your search query
P. 1
Indian Economy Since 1991 0.1 Group 2

Indian Economy Since 1991 0.1 Group 2

Ratings: (0)|Views: 7|Likes:
Published by Vijay Jagwani
indian economic
indian economic

More info:

Published by: Vijay Jagwani on Mar 29, 2013
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PPT, PDF, TXT or read online from Scribd
See more
See less

03/29/2013

pdf

text

original

 
Indian Economic growthsince 1990
-Presented byVijay Jagwani
- Akshay Kriplani
 
From FY 1980 to FY 1989, the economy grew at an annual rate of 5.5 percent, or 3.3percent on a per capita basis
Industry grew at an annual rate of 6.6 percent and agriculture at a rate of 3.6 percent
A high rate of investment was a major factor in improved economic growth
Investment went from about 19 percent of GDP in the early 1970s to nearly 25percent in the early 1980s
Long-gestating, capital-intensive projects, such as electric power, irrigation, andinfrastructure. Also, delayed completions, cost overruns, and under-use of capacitywere contributing factor to low rate of return on Huge Investments
Economy before 1990
 
Economy before 1990
Private savings financed most of India's investment until mid-1980
‘s
 
Further growth in private savings was difficult because they were already at quite a
high level
India relied increasingly on borrowing from foreign sources from mid-1980
‘s
 
This led to Balance of payments crisis in 1990
To receive fresh loans and for further economic development the Government had to
agree on economic
―Liberalisation‖
pioneered by Dr. Manmohan Singh

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->