Titlebook: Revisiting Regional Growth Dynamics in India in the Post Economic Reforms Period; Biswa Swarup Misra Book 2013 Palgrave Macmillan, a divis

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Key Challenges,quently. As the drop in growth was quite dramatic in 2011–12 and 2012–13, the macroeconomic management since the onset of the global financial crisis and the key macroeconomic challenges to reviving growth in the medium term is the first theme.

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ome of the major drivers of growth like infrastructure, health and credit. The book discusses the key challenges as well the game changer initiatives that will shape India‘s growth in the medium term.978-1-349-45426-6978-1-137-30368-4

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Key Challenges,xternalities arising out of the global financial crisis. India made a strong comeback in the subsequent two fiscal years, viz, 2009–10 and 2010–11, when growth could be maintained at around 8.5 per cent, but growth again dipped to 6.5 per cent in 2011–12. The policy responses to tackling the after-e

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nugatory

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Health and Growth,healthy workforce ensures less absenteeism and thus higher productivity. Second, as life expectancy increases there are increased incentives to invest in human and physical capital. Third, better health status has the potential to augment the savings rates in the economy as workers have an inventive

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Credit and Growth,rea banks. As alluded to in Chapter 2, the drive for financial inclusion was a game-changer initiative in the post-2000 period. While expansion of the banking footprint was the general policy focus, concerted attempts were made to improve the financial health of credit cooperatives and RRBs. Given t

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