ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles by M NarayanaswamySubscribe to M Narayanaswamy

Economic Change in Tamil Nadu

M Narayanaswamy TAMIL Nadu's economy performed impressively during the decade 1960- 1970. Its net domestic product, at constant prices, rose by 41,5 per cent, from about Rs 1,130 crore to Rs 1,599 crore; and its per capita income rose by 16.1 per cent from Rs 355 to Rs 389. Mining and Manufacturing and Other Services grew uninterruptedly and more rapidly than other sectors; their shares in NDP rose from 16 to 22 and from 15.1 to 19 per cent, respectively. Because of a remarkable pick-up in the last two years of the decade, Agriculture and Allied Activities managed to record a 20 per cent increase; its share of NDP, however, dropped from 49.1 to 41.7 per cent. There was an unexpected and unexplained increase in the state's population by 22.3 per cent, the fastest it has had since 1961 and twice the rate in the fifties (11.85 per cent).
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