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Gross Domestic Product and Regional Disparities in Development in India


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1 Indian School of Political Economy, India
     

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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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  • Gross Domestic Product and Regional Disparities in Development in India

Abstract Views: 241  |  PDF Views: 0

Authors

V. M. Dandekar
Indian School of Political Economy, India

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.