Gradual growth india s development trajectory
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Gradual Growth: India’s Development Trajectory. Sara Hsu. Development Influences. India and geography Independence from Britain in 1947 Nehruvian Socialism. Reform History. 1947 to 1980 Early growth Droughts and crisis Focus on poverty reduction “License raj” “Hindu rate of growth”.

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Gradual Growth: India’s Development Trajectory

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Gradual growth india s development trajectory

Gradual Growth: India’s Development Trajectory

Sara Hsu


Development influences

Development Influences

India and geography

Independence from Britain in 1947

Nehruvian Socialism


Reform history

Reform History

  • 1947 to 1980

    • Early growth

    • Droughts and crisis

    • Focus on poverty reduction

    • “License raj”

    • “Hindu rate of growth”


Reform history1

Reform History

  • 1980 to 1991

    • Improvements in industrial policy

    • Industrial stagnation in 1988

    • Balance of payments crisis


Reform history2

Reform History

  • 1991 through 2000

    • IMF policies

    • New Economic Policy

    • Reform of banking system

    • Building up to Y2K


Reform history3

Reform History

2000 to present

Aftermath of Y2K

Firm relocation to India


Rural r eforms

Rural Reforms

Land reform since Independence

Goal: Reduction of poverty

Green Revolution

Characterization of villages


Case of andhra pradesh

Case of Andhra Pradesh

Policy campaigns for reform

Fast GDP growth

Hyderabad


Political economy of reform

Political Economy of Reform

Nehru

Ghandi

Rao


Data and patterns of growth

Data and Patterns of Growth


India s sector value added of gdp

India’s Sector Value Added (% of GDP)


Bottom line

Bottom Line

India’s reform process really began in 1991 as a result of a balance of payments crisis.

Reform opened up trade and made it easier to start a business.

Most growth in India is in the skilled services (IT) sector.


Did you know

Did You Know?

“India Shining” is the slogan used starting in 2004 to promote India internationally. The government spent over USD $20 million on television and newspaper ads using this slogan.


Gradual growth india s development trajectory

Fin

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