2013 |
Volume 1 |
Issue Issue 1
Causal Relationship Between the Performance of Manufacturing and Energy Sector: Current Scenario of Indian Economy
1.
Shivani Jaswal
– Assistant Professor(s), Amity School Of Economics, Amity University, Noida, India
2.
Keerti Singh
– Assistant Professor(s), Amity School Of Economics, Amity University, Noida, India
3.
Japneet Kaur
– Assistant Professor(s), Amity School Of Economics, Amity University, Noida, India
Received
28-Jun-2013
|
Accepted
-
|
Published
28-Jun-2013
|
Abstract
Economic development has often been associated with the performance of the manufacturing sector. Current slowdown of
Indian manufacturing has been the centre of economic debate. This paper dwells into the complexities of the Indian manufacturing sector
highlighting its relation with the power sector. The study emphasizes that sluggish performance of manufacturing is attributed to the retarded
growth of Indian power. Due to the insufficient energy resources, growth of Indian manufacturing has faced tremendous challenges. The study
recommends that higher productivity in the power sector through lowering transmission losses and increasing investment in renewable sources
may act as a stimulus for both Indian power and manufacturing sector.
Keywords Indian Manufacturing, Indian Power, Causal Relationship
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