Economic reforms and infrastructure growth, Microeconomics

Assignment Help:

Economic Reforms and Infrastructure Growth

Infrastructure data for the pre-reform period (1980-81 to 1990-91) is with1980-81 as base year and for post-reform period (1993-94 to 2003-04) is with1993-94 as base year. In that sense, the growth rates are not strictly comparable,but they are indicative of the trend. 

Data provided in table 8.11 reveal that in case of saleable steel and cement, growth rates in the post-reform period were higher than in the pre-reform period. In the case of steel, growth rate during 1993-94 to 2002-03 was 9.5 per cent as against only 4.9 per cent in the 1980s. Similarly, in the case of cement, growth rate in the post-reform period was 8.2 per cent as against 4.0 per cent in the pre- reform period. But it may be pointed that in both these cases, the withdrawal of state control in pricing carried out in the 1980s was responsible for the uptrend in the post-reform period.


Related Discussions:- Economic reforms and infrastructure growth

Development administration, Development Administration: Since the Gove...

Development Administration: Since the Government has been entrusted to manage economic and business activities, it was found difficult to manage the economic policy with the t

Current account - balance of payments, Current Account: The Current Ac...

Current Account: The Current Account can be broken down into two parts, viz., one, balance of trade, and, two, balance on invisibles. The Balance of Trade (BOT) deals only wit

#t, what are the relevance of economics to most business today??

what are the relevance of economics to most business today??

Control of monopolies and restrictive trade practices, Control of Monopolie...

Control of Monopolies and Restrictive Trade Practices Monopoly hampers economic growth by lowering output and increasing prices and has an anti-social impact. In India, the Monopo

Indifference curve, application of indifference curve analysis to the probl...

application of indifference curve analysis to the problem of exchange

What is deflation, What is Deflation?  Deflation in economics refers to...

What is Deflation?  Deflation in economics refers to reduce in the general price level, i.e. the nominal cost of goods and services as well as wages reduce. As, it is an opposi

The free enterprise: price system, The Free Enterprise:  Price System ...

The Free Enterprise:  Price System The free market system is where the decision about what is produced is the outcome of millions of separate individual decisions made by cons

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd