Indian Economy Growth - Growth, Development and Structural Change, Indian Economy Video Lecture | Indian Economy - B Com

basically gonna talk about growth
experience of India and I'm taking this
article from Oxford Companion to Indian
economics edited by edited by Kaushik
Basu and this entry is written by Arvind
Subramanian okay
it's a beautiful article you should
always read this and it will tell you
basically two things one it is trying to
tell India's experience or India's
aggregate growth experience
India's aggregate growth experience
right one it is trying to tell you what
is an Indian's aggregated growth
experience over time and particularly
why turned around why it turned it out
right
I mean why why the acceleration happened
during 1980s okay so what was peeps the
nation for that and the second thing is
that it is trying to tell you that what
is what are the reasons related to the
variation variations in growth across
states right across Indian states so
what are the reasons that that some
states were growing faster than the
other states right this is a very good
article issue particularly read it my
suggestion to you is please don't depend
only on recordings okay because in
recording I am taking up the most
important aspect of the reading right I
know that these are the most important
spec's only but you will have a clearer
picture only if you read the article
yourself you cannot just depend upon
recordings you have to buy this book and
you have to read this reading okay so
earlier also and we did some article
from EPW I am suggesting you to please
have a subscription of repeatable that
is very very important right you cannot
depend upon only the articles and
readings which I am doing here you also
have to expand your horizon and do some
other readings as well say for example
even Arvind Subramanian in his article
would have given some reference reading
after the end of his article so in case
of the time permits please read those
readings also it will have a you will
have a such a wide horizon of the
subject that you will have no idea about
it right so my suggestion is please buy
this book this is an excellent book
written on in it written on Indian
economics and also read the back
readings write the references which they
have given the civil this will really
really really put you you know in a very
very positive position you know so
please do that and I am expecting that
once you have done this recording you
are reading the article right okay now
let's pick up something on the aggregate
growth right aggregate growth so the
first thing with the which which
Subramanyam is talking about is that
whether you look at GDP per capita right
or you look at output per worker
right or you look at total factor
productivity you pick up any one of them
right these are the different growth
measures so you pick up any one of them
and you'll find this what you will find
it fine is that there was a turnaround
in all of these measures of growth okay
and that too around 1980s okay so there
was a turnaround in in total factor
productivity output per worker Gd people