Browsing by Author "Nandi, Sukumar"
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Item Export and economic growth in India: empirical evidence(2022) Nandi, Sukumar; Biswas, BasudebIndia is a relatively closed economy.Her international trade export and imports taken together constitutes roughly ten percent of her national income. This small size of external sector has induced economists to discount the role of international trade in the economic growth process of the country. But in the early sixties India adopted import substituting industrialization (ISI) as a strategy of economic growth.