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Is There Any Interdependence Between Economic Growth And Human Development? Evidence From Indian States, Sacchidananda Mukherjee Dr., Debashis Chakraborty
Is There Any Interdependence Between Economic Growth And Human Development? Evidence From Indian States, Sacchidananda Mukherjee Dr., Debashis Chakraborty
Sacchidananda Mukherjee
This paper attempts to analyse the evolving relationship between economic growth and human development for 28 major Indian states during four time periods ranging over the last two decades, viz. 1983, 1993, 1999-2000 and 2004-05. The objective of this exercise is to understand whether per capita income (as an indicator of economic growth) is influenced by human development and vice versa across Indian states. The National Human Development Report 2001 methodology has been applied for constructing the Human Development Index (HDI) for the Indian states. The HDI has been constructed separately for rural and urban areas for each of the …