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Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics, Vol 62, No 3 (2020), Pagination: 311-314
Abstract
During high growth years, 2004-2012 India achieved an average of Eight per cent growth rate. But on the job front, it didn’t see much growth and real wages were almost stagnant. We have now the world third largest economy based on real GDP. But based on per capita income we are at 138 th position as we have failed to create enough jobs for our labour force. This book addresses both the problem as well as its solutions. It explains India’s growth story since independence and some lapses in policy such as regulatory barriers, inspector Raj, closed economy, low productivity in agriculture, low skill levels, etc.