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Economics and Commerce
India`S Economic Future: Education, Technology, Energy And Environment
by Manmohan Agarwal (Ed.)
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The Indian economy continues to grow rapidly, taking in its stride poor harvests and rising oil prices. Industrial output, which had tended to be relatively low, has increased to double-digit levels, accompanied by rising levels of savings and investment. India`s healthy export performance has resulted in increased amounts of foreign exchange reserves, insuring against a large balance of payments (BOP) deficit in the future. An important factor in this process has been India`s relative political stability. Democracy is well entrenched and changes of government occur reasonably peacefully.
Is there a fly in the ointment? Could the growth process slacken or can it be accelerated further? What are the constraints to maintaining a high rate of growth over the next decade or two? These questions acquire special significance as we try to understand long-term growth in the current context of global economic slowdown. The papers in this volume seek to answer these questions.
ISBN :9788187358176
Pages : 294
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