What is it about?
The paper examines the inter-sectoral linkages among the three major sectors- agriculture, industry and service- of Indian economy using the input-output framework. We observed that the inter-sectoral linkages have been undergoing structural changes during the pre- and post-reform periods. The ‘agriculture-industry’ linkage has not only been deteriorating over the years, it has undergone directional changes as both the production and demand linkages, which were primarily from industry to agriculture in the pre-reform period, transformed to agriculture to industry in the post-reform period. While there has not been any significant interdependence between agriculture and service sectors, there is strong interdependence between industry and service sectors and it has improved in the post-reform period.
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Perspectives
The Indian economy has been undergoing a structural change in its sectoral composition over the years. From a primary agro-based economy during the 1970s, the economy has been emerging as predominant in the service sector since 1990s. This structural change and the uneven pattern of sectoral growth and the recent spurt of service led growth is likely to cause substantial changes in the production and demand linkages among various sectors, which in turn, could have significant implication for the overall growth of the economy
Mr Dilip Saikia
Darrang College, Tezpur, Assam
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This page is a summary of: Analyzing inter-sectoral linkages in India, African Journal of Agricultural Research, December 2011, Academic Journals,
DOI: 10.5897/ajarx11.024.
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