Economic Review - 1982. Kerala

Abstract

From Trends in National Economy: Though the year under review was a testing time for, the Indian economy, the country could maintain the tempo of planned development and also keep under check the growth of inflation when in many countries elsewhere in the world growth rates declined and sustained price stability proved elusive. The year 1981-82 registered a growth rate of 5.2 percent thanks mainly to a foodgrains production of 133 million tonnes in that year. This level of production was achieved mainly through improvement in yields and it is reflective of the success of the basic agricultural strategy of extending irrigation together with assured supply of improved seeds, fertilizers, credit and other inputs.