*Assistant Professor, Sree Saraswathi Thyagaraja College, Pollachi
**Associate Professor, Government Arts College, Coimbatore
Online published on 11 July, 2017.
The paper examines the sources of productivity growth in Indian steel industry using Malmquist productivity index approach for the period 2000–2011. The present study suggests that, the impact of policy changes on the sources of productivity growth of steel industry was negative by mean rate of (−) 2.70 per cent. It was mainly due to negative contribution of technical efficiency at (−) 15.90 per cent and positive technical change of 15.70 per cent. The negative sign in the both pure and scale efficiency have resulted in the deterioration of the technical efficiency in the Indian steel industry during study period
