India's economic development since independence: An interpretative survey

No wp-2023-47, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: When India became a republic in 1950, the economy was primarily agrarian, with three-fifths of output originating from agriculture. In the sixty years since independence, there has been a significant transformation of economic activity away from agriculture, with less than one-fifth of output now originating from agriculture and the rest from manufacturing and services. Since the 1980s, along with structural change, there has been strong economic growth, till 2010, followed by a period of declining growth.

Keywords: Economic growth; Structural change; Economic policy; India (search for similar items in EconPapers)
Date: 2023
New Economics Papers: this item is included in nep-gro and nep-his
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