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Sustaining High Growth in India (Hardcover)
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Sustaining High Growth in India (Hardcover)
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The growth rate of the Indian economy has plummeted sharply from 9
per cent in 2010 to below 5 per cent over 2012 14. It is essential
to sustain a growth rate of 8 per cent or more over the next 20
years to eliminate poverty and reach a decent standard of living.
There is an urgent need for research on the challenges facing India
in reviving and sustaining high rates of economic growth, some of
which are related to industrial policy, trade policy,
infrastructure bottlenecks, inflation and macroeconomic issues,
governance issues, demography and human capital. There is also a
need for better industrial and human resource policies, higher
investment and savings rates, higher exports and foreign investment
inflows. This book studies the importance of growth, the role of
industrial policy in sustaining it, and other critical issues
regarding ways to revive and sustain higher growth in India across
various sectors of the economy.
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