STRUCTURAL CHANGE: AN EXPERIENCE OF INDIAN ECONOMY
Ms. Anju Rani
The two tripartite divisions of any economy, primary- secondary- tertiary and agriculture- industry- services are closely related to each other. This division has been used the typical pattern of structural change in any economy. This is the most common phenomenon which hold true in all counties which is experiencing the path of development. In these countries the share of primary sector has registered a steady decline in the total output, whereas that share in secondary sector is showing a increasing trend for a long time and after that it has declined and finally services sector has hold as economy developed in every economy as a common path of structural change. The aim of this study is to analyze the structural change process in Indian economy using secondary data based on various parameter of structural change as share of different sector in Gross Domestic Product, performance of their growth parts at aggregated and disaggregated level and employment scenario in Indian economy.
KEYWORLDS: Structural change, Indian Economy, Gross Domestic Product, Employment
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Vol | : | 6 |
Issue | : | 2 |
Month | : | February |
Year | : | 2018 |