"Why India Cannot Sustain High Economic Growth", by Kunal KumarKundu In his article about India's prospects for growth, the author notes that "Per capita availability of food grain is falling as population is growing faster than food grain production. Deplorable rural infrastructure leads to India wasting an amount of food grain... . India's agriculture is still so very highly monsoon dependent..."
Www)rediff.com 5/29/2008
This view of India's economic growth is best reflected in the

Question

Quizplus · Accepted Answer

Classical growth theory emphasizes the role of diminishing returns to labor and capital, which aligns with the concerns about India's economic growth limitations due to factors like falling per capita availability of food grain, poor rural infrastructure, and high dependency on monsoon for agriculture.