DOI Prefix : 10.9780 | Journal DOI : 10.9780/22307850
Scroll to Top

Volume : III, Issue : XII, January - 2014


Mala Sharma, None

DOI : 10.9780/22307850, By : Laxmi Book Publication

Abstract :

Economic growth can be defined as continuous and consistent growth in the National income of the country. The earlier literature does not differentiate much about Growth and development. In the early 1950s, conventional thinking identified development with growth in national income or income per capita. Early 1970s witnessed the emergence of literature that suggested other indicator of development such as a reduction in poverty, inequality and unemployment, which would capture changes in the quality of life. Development, it was argued must bring about an improvement in the living conditions of people. It should therefore ensure the provision of basic human needs for all; not just food and clothing but shelter, health care and education. In the late 1990's Amartya sen, provided broadest conception of development as freedom, A process of expanding real freedom that people enjoy for their economic well being, social opportunities and political rights. It is essential to make distinctions between means and ends. Obviously economic growth and economic efficiency or industrialization is absolutely essential as means but should not be considered as end of development process. It is development which is an end. Thus growth and efficiency should be combined with employment, poverty eradication reduced inequality, human development and sustainable environment to attain development.

Keywords :

    Article :

    Cite This Article :

    Mala Sharma, None(2014). INDIAN ECONOMY- THE GROWTH TRAJECTORY. Indian Streams Research Journal, Vol. III, Issue. XII, DOI : 10.9780/22307850,

    References :

    1. -
    2. -
    3. -
    4. -
    5. -
    6. -
    7. -
    8. -
    9. -
    10. -
    11. -
    12. -
    13. -
    14. -
    15. -
    16. -
    17. -
    18. -
    19. -
    20. -
    21. -
    22. -
    23. -
    24. -
    25. -

    Article Post Production

      No data exists for the row/column.
    Creative Commons License
    Indian Streams Research Journal by Laxmi Book Publication is licensed under a Creative Commons Attribution 4.0 International License.
    Based on a work at
    Permissions beyond the scope of this license may be available at
    Copyright © 2014 Indian Streams Research Journal. All rights reserved
    Looking for information? Browse our FAQs, tour our sitemap, or contact ISRJ
    Read our Privacy Policy Statement and Plagairism Policy. Use of this site signifies your agreement to the Terms of Use