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Professor Gupta public lecture July 2019

The Fall and Rise of the Indian Economy

Following the end of colonial rule in 1947, India was one of the poorest countries in
the world. Did integration into the global network of the British Empire have adverse
consequences? The Indian growth reversal began only after Independence.
The policies of industrialisation and the green revolution put India on a growth
path for the first time in three hundred years. There are lessons from history for
understanding India’s growth today. A strong focus on higher education under
colonial policy created an advantage for the service sector, which today has a high
concentration of human capital. However, the slow expansion in primary education
was a disadvantage in comparison with the high-growth East Asian economies.
Professor Gupta examines the key drivers of India’s long term economic.

Updated:   1 July 2019 / Responsible Officer:  CBE Communications and Outreach / Page Contact:  College Web Team