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

TRIPURA-Growing Schism

growth that the elections intervened, provided a source of distraction and slowed down the pace of the reform process. As a result, a minor setback to growth was inevitable. Second, this setback, while pronounced when looking at industrial growth based on the index of industrial production, has not affected manufacturing which during the first seven months of 1996-97 registered a growth of 12.1 per cent compared with 12.3 per cent in the corresponding period of the previous year. It was only infrastructure which has performed disastrously, partly because the reforms needed to infuse funds into this sector have not been completed. However, argues the Survey, with the elections behind us and the reform once again 'on track', growth would resume, placing India on a 7-8 per cent GDP growth trajectory in the coming years.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top