'With respect to the retrospective analysis , it was also pointed out, correctly, t ha t in comparing the achievements of the Indian economy in the 1990s with the 1980s insuffl- 8 Mid -Year Review of the Indian Economy 2002-2003 cient attention had been paid to the much greater resilience of the economy in the more recent period. [...] With the first half of the financial year gone past, an assessment of the trends in the economy will provide a pointer to the likely course of the economy through the full year. [...] One of the key factors in the slower export growth in the second half of the 1990s was also the weak agricul tural prices in the global marke t s. [...] At the regional level, the data reveal that the monsoon rainfall was in excess of 42 Mid -Year Review of the Indian Economy 2002-2003 the normal rainfall in two of the four major regions of the country. [...] 52 Mid -Year Review of the Indian Economy 2002-2003 An interesting comparison of the performance of the industrial sector can be attempted by comparing the growth of the nineties with that of the eighties.
- Pages
- 160
- Published in
- India
