( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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EMERGING ECONOMY OF INDIA: PERFORMANCE AND PROSPECTS IN GLOBALIZATION

    1 Author(s):  DR. SANDEEP KUMAR GARG

Vol -  12, Issue- 9 ,         Page(s) : 222 - 231  (2021 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

India's economy over the last decade looks in many ways like a success story; after a major economic crisis in 1991, followed by bold reform measures, the economy has experienced a rapid economic growth rate, more foreign investment, and a boom in the information technology sector. Yet many in the country still suffer from crushing poverty, and social and political unrest remains a problem. India's rate of economic growth after the 1991 reforms were instituted reached a remarkable 7 percent for three consecutive years, from 1994 to 1997.

Aggarwal, Aradhna and Nagesh Kumar (2012) Structural change, industrialization and poverty reduction: The Case of India, ESCAP-SSWA Development Papers 1206; http://sswa.unescap.org/meeting/documents/DevChallenges/SSWA_Development_Papers_1206_October2012.pdf 

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