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India's
New High Growth Trajectory: Implications for demand,
technology and employment
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Oct 12th
2011, C.P. Chandrasekhar
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Evidence
on trends in surplus generation and utilisation suggests
that India's recent transition to a high-growth trajectory
has been accompanied by and partly based on tendencies
towards profit inflation and increased inequality. This
paper offers an explanation as to why the net implications
for employment and conditions of work of this growth
trajectory have been adverse.
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