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

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Budget 1987-88 Continuing Crisis of Growth and Growing Surplus

and Growing Surplus Arun Kumar The 'Economic Survey, 1986-87' and the Union Budget for 1987-88 claim that the growth of the industrial sector has accelerated. The real growth, however, has been in the services sector which today has become the lead sector. It is in (his sector that the under-reporting of income is also substantial and therefore the growth rate officially given is less than the actual.

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