An Analysis of Trends in growth of Capital Formation in Punjab under World Economic Recession

Bhagwant Singh

Abstract


Abstract: Present paper examined the trend in growth of capital formation in Punjab during the World Economic Recession. On the based on secondary data it was examined that growth of capital formation in Punjab was not remained favorable under world recession period. During this period the compound annual growth rate (CAGR) in percentage in the case of ‘gross state domestic capital formation (GSDCF) by industry use’ and ‘gross state domestic capital formation (GSDCF) by type of assets’ increased almost in all the major categories. But the overall growth rate of capital formation in Punjab remained very low. On the basis of study it can be said that the Government and other financial institutions should provide help to resolve the emerging issues and to restructure the policies, so that the growth of capital formation in Punjab can be recovered. Beside, the government should provide help to these sectors of Punjab in the form of subsidy on input cost, exemption from tax, etc. It will help in raising their profitability and would further boost up increasing the investment.


پاراگلایدر Full Text: PDF

Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.

ISSN : 2251-1555