Jorgenson, D. W. and Z. Griliches (1967): “The explanation of productivity change”, Review of Economic Studies, Vol. 34, pp. 249-283. 5  See, for example, A. Musso and T. Westermann (2005), “Assessing Potential Output Growth in the Euro Area”, ECB Occasional Paper Series, No 22, January 2005.
A Synoptic View of Financial Inclusion is as under: •  Number of No-Frill Accounts – 3,30,24,761 at end-March 2009  •  Number of rural bank branches – 31, 727 constituting 39.7% of total bank branches (as on June, 31, 2009)  •  Number of ATMs – 44,857 (as on May 31, 2009)  •  Number of POS – 4,70,237 (as on May 31, 2009)  •  Number of Cards – 167.09 million (as on May 31, 2009)  •  Number of Kisan Credit Cards – 76 million (Source: CMIE publication 2007-08)  •  Number of Mobile phones – 403 million (as on Apr.30, 2009) -  out of which 187 million (46%) do not have a bank account (Source : Cellular Operators Association of India)  The number of “no frills” accounts increased from 4,89,497 at end-March 2006 to 3,30,24,761 at end-March 2009.