PATTERN OF GROWTH RATES OF GSDP AND EMPLOYMENT IN THE NORTH EASTERN STATES OF INDIA

Samir Debnath

Abstract


Employment is an important aspect of the growth process of any economy especially developing economies like India. India has witnessed spectacular growth during the last one and half decades and service sector remained the driving force of this growth. However, the same is not replicated in the case of employment. But very few attempts have been made to examine the pattern of growth rates of GSDP and employment with respect to different sectors of the Indian economy especially for the north eastern states of India. It is against this backdrop that the study aims to estimate the growth rates of GSDP and employment for the north eastern states of India during the reform period. This paper provides updated estimates on employment and GSDP growth rates in the north eastern states of India – both aggregate as well as sector specific – using compound annual growth rate (CAGR) approach.


Keywords


GSDP, CAGR, NSSO

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