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

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Industry-Agriculture Growth Rates-Widening Disparity

This study examines the nature and causes of industrial growth in the face of slow agricultural growth. It is hypothesised that the nature of the agriculture-industry relationship would depend crucially on the relative growth of income and employment in not only the industrial sector but also in the tertiary sector. If income grows faster than employment then it tends to generate more demand for industrial goods vis-a-vis agricultural goods, and consequently the disparity between industrial and agricultural growth widens.

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