India five years of stabilization and reform and the challenges ahead (Record no. 64644)

MARC details
000 -LEADER
fixed length control field 02089nam a2200181Ia 4500
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20220705160538.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
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020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9780821338384
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 338.954 IND
245 #0 - TITLE STATEMENT
Title India five years of stabilization and reform and the challenges ahead
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Washington
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. World Bank
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 1996
300 ## - PHYSICAL DESCRIPTION
Extent 224 p.
520 ## - SUMMARY, ETC.
Summary, etc. The stabilization and reform measures introduced over the past five years have considerably improved India's growth prospects. Growth accelerated to over 6 percent in 1995-96 from less than one percent in 1991-92 The progressive integration of the Indian economy into the global economy with the liberalization of the investment, trade and foreign exchange regimes has improved productivity, particularly in the industrial sector, which has been growing at rates exceeding 10 percent in the last two years. In addition, the exchange rate devaluation and the reduction in the level of protection of the industrial sector have been beneficial to agriculture Growth is now driven by exports and private investment, and is being accompanied by an increase in domestic savings. At US$2 billion in 1995-96, foreign direct investment is 15 times higher than it was before the economy was liberalized and portfolio investment has stabilized at around US$2 3 billion--that is 10 percent of world portfolio investment in emerging markets Inflation has declined and the external accounts have strengthened<br/><br/>Notwithstanding these remarkable achievements, this report, like the Government's June 1996 Common Minimum Program and the Ministry of Finance 1995-96 Economic Survey, re emphasizes the importance of urgently addressing the remaining structural constraints to higher growth. Chief among them are: reducing the country's chronically high fiscal deficits, removing the remaining investment and trade restrictions, particularly in agriculture; averting a crisis in infrastructure, and strengthening the country's human capital base.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element India-Economic policy-1980
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Books
Source of classification or shelving scheme Dewey Decimal Classification
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Shelving location Date acquired Total checkouts Full call number Barcode Date last seen Price effective from Koha item type
  Not Missing Not Damaged   Gandhi Smriti Library Gandhi Smriti Library   2020-02-04   338.954 IND 80519 2020-02-04 2020-02-04 Books

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