A feature of the growth acceleration during the period was that while the growth rate of industry and services increased that of agriculture fell. This was because there was no notable technological breakthrough after the “green revolution” of the mid-1960s which saw sharp increase in yields of cereal production particularly in northern part of India.
By the 1990s, the momentum of “green revolution” had died down. Consequently, the yield increases in the 2000s were much lower than those experienced even in the 1990s. Notably, the decade of the 2000s encompassed the inflexion point in the growth trajectory with an annual average GDP growth of about 9 per cent for the 5-year period 2004–08.