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Abstract

This paper examines growth and structural transformation in Indian economy to validate the Kuznets-Chenery-Syrquin variant of structural transformation hypothesis in India.  There have been a number of studies in support of services-led growth in India while there are few studies to argue in favour of secondary sector governing Indian economic growth process.  In recent years, there is a renewed interest in identifying whether there have been any structural breaks in growth process.  A recent study on structural change in the Indian Economy by Manmohan Agarwal and Sunandan Gosh (2015) has validated the issue of structural break in India’s economic growth (Kotwal, Ramaswami and Wadhwa, 2011) and arrived at an inference that there are no statistically significant structural breaks in India’s GDP growth rate.

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How to Cite
Pavithra.J. (2019). Structural Transformation and Growth in India Economy. Thematics Journal of Geography, 8(11), 419-425. Retrieved from https://thematicsjournals.org/index.php/tjg/article/view/16020