India's Economic Future

Download or read book India's Economic Future written by Manmohan Agarwal and published by Berghahn Books. This book was released on 2009 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Indian economy continues to grow rapidly, taking in its stride poor harvests and rising oil prices. Industrial output has increased to double-digit levels, accompanied by rising levels of savings and investment. an important factor in this process has been India's relative political stability. 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.