growth trajectory, real estate surpassing 7% growth and banking and insurance growing at an astounding 10.6%. As a result, in a clear break from the past, non-agricultural sector that was generally growing in 4–5.5% range, recorded a 7.1% growth in the latter half the 1980s.
The high growth phase that started in the 1980s has now lasted for three decades, with the pace of the 1980s being maintained in the 1990s before it accelerated further in the next decade.