SECTORAL COMPOSITION OF ECONOMIC GROWTH IN INDIA

  • Garima Verma Research Scholar, Department of Economics, J.N.V.U., Rajasthan, India.
Keywords: Agriculture, Service Sector, Economic Growth, Gross Domestic Product

Abstract

This paper analyses growth performance of Indian economy in terms of GDP and its sectors for the period of 1991-92 to 2016-17. India has determined a strategic economic development to achieve rapid economic growth. In the developing countries, fiscal policy plays a dynamic role in the advancement and rapidity of the pace of economic development. Sectoral growth performance is assessed in this chapter during the course of development. Instead sectoral growth rates have uneven nature, the present study analyses the overall sectoral composition of economic growth. It examines the trend of the performance of the primary sector, secondary sector and tertiary sector relating to the GDP after the period of economic reforms. It concludes that development of all the economic sectors is essential for overall economic growth and sustainable development.

References

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How to Cite
Garima Verma. (2018). SECTORAL COMPOSITION OF ECONOMIC GROWTH IN INDIA. International Journal of Trade and Global Business Perspectives, 7(01), 3836-3841. Retrieved from https://tgbp.gfer.org/index.php/tgbp/article/view/1
Issue
Vol. 7 No. 01 (2018): JAN-MAR
Section
Articles

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