This Selected Issues paper presents an analysis of trends in growth and investment in India in the 1990s, with a focus on the slowdown in growth during the second half of the 1990s. The paper discusses the fiscal situation, outlining the key reasons for the deterioration in fiscal balances, how...

This paper discusses the intermediation of financial saving in India and the implications for growth. Recent studies linking financial sector development and growth in India are reviewed. The following statistical data are also provided: employment and labor statistics, agricultural production...