This paper develops tools to examine selected major issues in the Indian economy. The study computes the potential … growth rate of the economy and the agricultural sector, extends the analysis of the fiscal stimulus and its effects, and … potential growth rate of economy and that of agriculture to achieve a non-inflationary, high growth trajectory for the country …

innovations in this paper is to take explicit account of rainfallvariations that play a very important role in the Indian economy …. This allows us todetermine whether the Indian economy has become less dependent on the monsoons(`drought proof'). It also …