Draft Eighth Five Year Plan 1992-97 Annual Plan 1992-93 Volume - I (Karnataka)

Abstract

After the State achieved a long-term growth higher than that for All India during the two and half decades preceding 1980s, the rate of growth in the 1980s has been lower than All India average. The growth in agriculture has exhibited decelerating trends in recent years; particularly the foodgrains production has almost stagnated for over a decade. However, the development base in the state has vastly improved over the years in terms of infrastructural and institutional development. Significant and desirable structural changes have also taken place imparting a greater dynamism and resilience to the State's economy. The non-agricultural sector has developed faster than the agricultural sector. The economy as a whole is much more diversified at present compared to the earlier decades although the State has still a good deal of potential to tap and harness for development.