Rumki Majumdar is an associate director and economist with Deloitte India. She writes on several contemporary economic and sector-specific issues related to India with a focus on policy implications on industries such as consumer, financial services, energy and resources, technology, and public services. She has also written on numerous economic issues about the United States and several emerging economies for Deloitte Insights in the past. See something interesting?
India, China and Us Study of Recent Trends in Economic Growth
Economic Growth Between China And India Essay | kitairu.info
This is a collection of essays written for the Financial Express, an Indian financial daily. There are several themes that I explore in these pieces. The most basic is that of the overall process of, and environment for economic growth in the Indian context. Another strand examines different sectors and their past or potential growth contributions. A third issue is one that often has dominated recent policy discussions in India, namely, how to make growth more inclusive or broad-based.
Benefit Of Economic Growth Essay
The book presents a comprehensive study of the impact of policy reforms on output, employment, and productivity growth across sectors of India since It showcases varied responses from different sectors as they faced different degrees of policy interventions, and challenges or opportunities as regards markets, technology, and availability of skills and other complementary resources. The book throws light on the phenomena of rising inequality and persistent poverty which continues to shadow and be a hallmark of post-reform India, despite high economic growth. It underlines the failure of these reforms to bring about major change in social and economic organizations and institutions. With these pertinent topics, the book would be of interest not only to the research community, but also to policy makers and practitioners of various sectors addressed here.
After more fundamental reforms since and their renewal in the s, India has progressed towards a free market economy. In the late s, India's growth reached 7. The average annual growth rates —12 for Gujarat