Miscellaneous - This Day That Age   

dated January 2, 1958: Trends in Indian economy

A slowing down of the tempo of development plans following an accentuation of adverse trends such as inflationary pressures, shortfall in resources due to upward revision of estimates on account of higher costs internally as well as of imported capital goods and a steep fall in foreign exchange reserves were the main features of India’s economy in 1957 – the second year of the Second Five-Year Plan. Efforts to promote exports received substantial impetus during the year, and several duty and procedural concessions were announced.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Cartoonscape
The Hindu Crossword 9110
Solution to puzzle 9109
Significance of worship
dated January 2, 1958: Trends in Indian economy
dated January 2, 1958: Shortage of rice
dated January 2, 1958: Lenin Prize for C.V. Raman
Weather

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu