Growth and employment during pre-and post-reforms of industrialization in India

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International Journal of Development Research

Volume: 
7
Article ID: 
10987
4 pages
Research Article

Growth and employment during pre-and post-reforms of industrialization in India

Sekar, V., Thiruselvan, V. and Dr. Amuthan, S.

Received 09th August 2017; Received in revised form 24th September, 2017; Accepted 16th October, 2017; Published online 29th November, 2017

Copyright ©2017, Sekar et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract: 

The aim of the study is pre and post-reforms of industrialization and its impact on economic growth and employment in India. Industrialization is an essential condition of economic progress. India too occupies Top 10 position among industrialized nations on the basis of aggregate production through on the basis of per capita consumption of industrial goods it is bracketed with underdeveloped countries. The process of industrial growth was accelerated in India with the industrial policy resolution of 1956. The industrial sector which possesses a relatively high marginal propensity to save and invest contributes significantly to the eventual achievement of a self-sustaining economy will be continued high level of investment and rapid growth rate of increase in income and industrial employment. In India, Industrial growth has a significant role to contribute GDP and it has also to increases potential employment opportunities. The Objectives of the study is the growth of industrialization in India during the period of (pre and post reforms), to study the employment level in India and its impact of industrialization.

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