ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Growth and Stagnation in Indian Industrial Development

Development K N Raj One can discern two striking features of the growth process in the industrial sector. One is the emergence of a significant quantum of unutilised manufacturing capacity; the other is a sharp decline in the rate of growth of industrial output since the middle 1960s. The emergence of unutilised capacity and the decline in the rate of growth of output taken together are clearly a matter for serious concern.

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