Industrial Development in the Northeastern States of India: The Case of Service Industries

The Ifcai Journal of Industrial Economics, Vol. 3, No. 4, 2006

10 Pages Posted: 22 Apr 2011

Date Written: 2006

Abstract

This paper analyzes the sectoral composition of the Net Domestic Product (NSDP) of the Northeastern (NE) states of India for the period 1980-1996. It is revealed that there is a growing trend of ‘tertiarization’ of the structure of production. Intra service sector analysis shows that the major contribution towards the growth of service industries in due to the increase in public administration expenditure. The important service sectors like transport, banking insurance, storage and communication service sectors are yet to develop to their full potential. It is emphasisied that, while in short run, growth of service sector may provide the required impetus to generate additional employment but in the long run, the simultaneous growth agriculture and industries along with service sector is desirable in order to take full advantage of inter sectoral linkages effect. Therefore, for more balanced and sustainable economic development, NE state have to adopt and implement a more focused growth oriented policy measures.

Keywords: Industrial developmnet, Structural change, Serivce sector, Northeastern states, India

JEL Classification: L80, L90

Suggested Citation

Srivastav, Nirankar, Industrial Development in the Northeastern States of India: The Case of Service Industries (2006). The Ifcai Journal of Industrial Economics, Vol. 3, No. 4, 2006, Available at SSRN: https://ssrn.com/abstract=1817123

Nirankar Srivastav (Contact Author)

North-Eastern Hill University ( email )

Shillong, Meghalaya 703014
India
03642723176 (Phone)

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
62
Abstract Views
487
rank
416,141
PlumX Metrics