The economic development of India is mainly associated with the industrial development. This study attempts to analyze the structural changes that have taken place in industrial production with the help of index numbers. The results reveal that the capital and the basic goods have recorded...

This study examines the relationship between inflation and growth of the Indian economy during 1981-2004. The results of the causality test prove that the variables, viz., growth and inflation are independent of each other in India. The results of the cointegration test confirm the fact that the...