Journal of the Association of Engineers, India

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Productivity Spectrum:Public Sector vs Private Sector


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1 Jadavpur University, Calcutta-700032, India
     

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Overall productivity of Indian economy has been low as compared to other countries- Our natural income rose by 21.5% in 1975-76 as campared to 1970-71. This works out to only 3% growth per annum on an average. The disturbing feature is uneven growth-rates. As for example, in 1972-73 and again in 1979-80, there has been negative growth in Indian economy. Agriculture is still the dominating sector contributing about 50% of our gross natural product (GNP) and wide fluctuations is caused by agriculture which depends, to a large extent, on vagaries of nature.
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  • Productivity Spectrum:Public Sector vs Private Sector

Abstract Views: 225  |  PDF Views: 3

Authors

Santosh Kumar Poddar
Jadavpur University, Calcutta-700032, India

Abstract


Overall productivity of Indian economy has been low as compared to other countries- Our natural income rose by 21.5% in 1975-76 as campared to 1970-71. This works out to only 3% growth per annum on an average. The disturbing feature is uneven growth-rates. As for example, in 1972-73 and again in 1979-80, there has been negative growth in Indian economy. Agriculture is still the dominating sector contributing about 50% of our gross natural product (GNP) and wide fluctuations is caused by agriculture which depends, to a large extent, on vagaries of nature.