Question

Growth pattern of indian economy since 1980

Answer 1

Indian Economy since 1980. It is widely believed that India's economic growth in the 1990s accelerated - in response to the orthodox economic reforms initiated in 1991 - mainly on account of a faster growth in the tertiary sector

Answer 2

Explanation:

There is no change in the trend growth rate between the 1980s and the 1990s for the primary sector as well, at 3.2 per cent per year. Though modest, there is a statistically significant slow down in the growth rate of the secondary sector, after 1991-92. significantly. significant slow down since 1991-92.