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

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Industrial Growth in the Eighties-Emerging Policy Issues

The Context IT has been an eventful decade for industrial development in India. Changes in government policy which had been initiated in the closing years of the previous decade were further reinforced and accelerated during the eighties. The technological somnolescence of the seventies was replaced by a spate of technological collaborations and ambitious schemes for modernisation and capacity rejuvenation. There are hints even of a reversal in the trends of industrial efficiency as reflected in estimates of total factor productivity. The industrial sector in India during the eighties appeared to be moving towards the intensive father than the extensive margin on which it had operated for the past three decades.

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