Journal of Indian School of Political Economy

V. M. Dandekar ¹

Affiliations
1 Indian School of Political Economy, IN

Abstract

The Gross Domestic Production (GDP) of India, at 1980-81 prices, increased at an average annual rate of 3.79 per cent over the 42 years, from 1950-51 to 1991-92. Per capita GDP increased at 1.62 per cent a year, i.e., it doubled in 40 years. Sector-wise, the lowest annual growth rate was in agriculture.

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