| Author | Message | ||
     Tilak Megastar Username: Tilak Post Number: 25908 Registered: 02-2012 Posted From: 49.207.190.100 Rating: N/A |
wow .. really? ee stats and figures ela derive chesaro .. will be very interesting to learn .. Narendra Modi, Pradhan Mantri, Bharata Ganarajya - www.pmindia.nic.in - www.narendramodi.in | ||
| Vjavasi Hero Username: Vjavasi Post Number: 13279 Registered: 11-2009 Posted From: 68.117.195.135 Rating: N/A |
It's a myth that because of CBN AP developed.....the real person behind modern andhra economic development is NTR Economic changes during the 1980s[edit] This can be called the N. T. Rama Rao Era (1983–1989).An academic study of Andhra's economic activity using official data collected by the state government of Andhra Pradesh, Govt of India and World Bank reveal the following highlights. A Domestic Demand – Supply based economic policy instead of exports oriented policies during this pre-liberalization period resulted in Constant Currency (inflation adjusted) cumulative growth rates of 151% in seven years, one and half times higher than the cumulative growth rate of the 30 years earlier, and 25% higher than the cumulative growth rates of 20 years that followed.[12] Education reforms, local government empowerment, irrigation and electricity improvements, corruption controls of this period resulted in cumulative per capita income growth rates (corrected to inflation and population growth) ten times the growth rates for the first 30 years and three times the rates of the 20 years that followed. On average a typical Telugu citizen was 3000% more productive in improving his/her economic condition than in the 30 years earlier and 450% more productive than the 20 years that followed. Distributional and social indicators (rural education 51%, child labor (−60%), malnutrition (−81%), infant mortality (−37%), female education (77%)) improved at rates that are yet to be repeated.[13] Fiscal Management Indices (deficit,foreign debt, debt servicing levels etc.) were at their best levels compared to the era the followed when central government allowed higher deficit targets and allowed foreign borrowing directly from world bank as a part of the liberalisation regime.}} | ||
| Vjavasi Hero Username: Vjavasi Post Number: 13278 Registered: 11-2009 Posted From: 68.117.195.135 Rating: N/A |
http://www.epw.in/special-articles/macroeconomic-scene-perfo rmance-and-policies.html need access to or a soft copy of this article |
