what is the cause of acceleration of economic development in india
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Answer:
Abstract
The Indian economy experienced a structural break and acceleration in trend rate of growth during the mid-1980s. The mild reforms of this period played a key role in crossing the 5 per cent benchmark as far as economic growth was concerned. The more comprehensive reforms of the 1990s provided a further boost to growth during the post-1991 reform period. The average annual growth rates during the pre-1991 reform and the post-1991 reform periods are significantly different. Further, the concerns of "fragility" and "unsustainability" of growth during the 1980s are overstated.
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The Economic and Political Weekly, published from Mumbai, is an Indian institution which enjoys a global reputation for excellence in independent scholarship and critical inquiry. First published in 1949 as the Economic Weekly and since 1966 as the Economic and Political Weekly, EPW, as the journal is popularly known, occupies a special place in the intellectual history of independent India. For more than five decades EPW has remained a unique forum that week after week has brought together academics, researchers, policy makers, independent thinkers, members of non-governmental organisations and political activists for debates straddling economics, politics, sociology, culture, the environment and numerous other disciplines