DOI: 10.36347/sjebm.2015.v02i08.005

Pages: 811-815

Economic history of India can be divided into two periods, 1950 to 1980 the era of government intervention and liberalization period after 1990. In the wake of severe balance of payments crisis, India adopted structural adjustment program in 1990. During 1950 to 1980, Indian economy grew at a slow pace. One of the major arguments behind reform program is to improve growth performance of Indian economy. Present paper is an attempt to analyze growth performance of Indian economy during pre and post liberalization periods.