ICOR: INCREMENTAL CAPIAL OUTPUT RATIO
Ø IT ESTABLISH RELATIONSHIP INCREASE ININVESTMENT & RESULTANT OF THE OUTPUT
Ø SHOW HOW MUCH OUTPUT CAN BE INCREASED BY INCREASING THE INVESTMENT PER UNIT
Ø IT IS INVERSLY PERPOTIONAL TO THE PRODUCTIVITY
Ø ICOR=INVESTMENT/GROWTH RATE
Ø PLAN INVESTMENT TARGET 28.41
Ø GROWTH RATE 7.93
Ø THERE FORE ICOR = 28.41/4.93=4.53
SECTOR WISE DISTRIBUTION OF GDP
sector | 1951-52 | 1990-91 | 2007-08 |
Agriculture | 59.5% | 34.9% | 17.3% |
Industry | 13.3% | 24.5% | 26.7% |
services | 27.5% | 40.6% | 56% |
NO.1 | TIME DURATION | MODEL | GROWTHRATE | OBJECTIVES |
TARGET | ACTUAL |
1 | 1951-56 | HARROD DOMAR | 2.1 | 3.6 | DEVVELOPMENT OF AGRICULTRE |
2 | 56-61 | MAHALANOBIS | 4.5 | 4.6 | RAPID NDUSTRILIZATION |
3 | 61-66 | JOHN SANDY | 5.6 | 2.7 | SELF RELIANCE AND STABILTY |
| 66-69 | PLAN HOLIDAY | | | |
4 | 1969-1974 | ALLEN MANNE& ASHOK RUDRA | 5.7 | 3.3 | SELF RELIANCE AND STABILTY |
5 | 74-79 | PC | 4.4 | 4.8 | EMPLOYMENT, REMOVE POVERTY |
6 | 79-80 | | | | |
| 1981-85 | PC | 5.2 | 5.5 | VILLAGE & COTTAGE INDUSTRY |
7 | 1985-90 | PC | 5 | 6 | LIBERALIZATION, MODERANISTION |
| 1990-92 | PLAN HOLIDAY | | 6.7 | |
8 | 1992-97 | JOHN MILLER LIBERLIZED | 5.6 | 5.4 | HUMAN RESOURCE DEVLOPMENT |
9 | 1997-2002 | PC | 6.5 | | GROWTRH AND SOCIAL EQUITY |
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