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A Comparative Analysis of Indian Economic Scenario Dr. Bahl Sarita, Associate Professor Arya College, Ludhiana. Online published on 11 May, 2012. Abstract Growth of emerging market economies (EMEs) is moderating due to sluggish growth in advanced economies. India's growth has slowed down, but the decline in US and Europe is far greater. The global financial crisis happened in 2008 and has hit India's growth story, but the conservative, cautious policies of India can ensure the country to stay as a high growth economy, thus reinforcing global respect for India. Indian economy registered 6.9 per cent quarterly growth in July-September 2011. It is the fourth-worst number since the economic slow down of 2008–09. The present paper is an attempt to make comparative analysis of gross domestic product of the different industries quarterly for the year 2010–11 and 2011–12. Efforts have also made to analyse the performance of eight core sector industries quarterly for the year 2010–11 and 2011–12 and to enlist certain suggestions to increase economic growth of India. Top Keywords Fiscal deficit, Industrial Growth, Gross Domestic Product, Factor Cost. Top | |
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