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Economic Policy Reforms and the Indian Economy

Author : Anne O. Krueger
Publisher : University of Chicago Press
ISBN 13 : 0226454541
Total Pages : 377 pages
Book Rating : 4.2/5 (264 download)

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Book Synopsis Economic Policy Reforms and the Indian Economy by : Anne O. Krueger

Download or read book Economic Policy Reforms and the Indian Economy written by Anne O. Krueger and published by University of Chicago Press. This book was released on 2011-04-15 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: India is the second most populous country in the world and also one of the poorest. From the late 1940s to 1980, India's per capita income grew at an average annual rate of only two percent. Expansionist economic reforms during the 1980s boosted economic growth but also unfortunately resulted in high inflation and a balance of payments crisis. As a consequence, in 1991 the government announced sweeping new changes in economic policies. Economic Policy Reforms and the Indian Economy evaluates the effects of those changes and identifies areas of the Indian economy still in urgent need of reform. After an overview of Indian economic policies and development since independence, papers focus on the country's fiscal situation, the environment for private economic activity, education, the reservation of certain activities for small-scale industry, and determinants of differentials in rates of growth across the different Indian states. Contributors include respected academic specialists on India and policy reform, high-level Indian administrators, and present and past policymakers.

Reforms and Economic Transformation in India

Author : Jagdish Bhagwati
Publisher : Oxford University Press
ISBN 13 : 0199915202
Total Pages : 309 pages
Book Rating : 4.1/5 (999 download)

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Book Synopsis Reforms and Economic Transformation in India by : Jagdish Bhagwati

Download or read book Reforms and Economic Transformation in India written by Jagdish Bhagwati and published by Oxford University Press. This book was released on 2013 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reforms and Economic Transformation in India is the second volume in the series Studies in Indian Economic Policies. In this book, nine original essays pursue three interrelated themes: Why the movement of workers out of agriculture, into industry and services, and from informal to formal employments has been slow, explaining the impact the reforms have had on profitability and competition among enterprises,and analyzing the impact on the socially disadvantaged in terms of wage and education outcomes and entrepreneurship.

India's Reforms

Author : Jagdish Bhagwati
Publisher : OUP USA
ISBN 13 : 0199915180
Total Pages : 295 pages
Book Rating : 4.1/5 (999 download)

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Book Synopsis India's Reforms by : Jagdish Bhagwati

Download or read book India's Reforms written by Jagdish Bhagwati and published by OUP USA. This book was released on 2012-04-26 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Openness has affected neither poverty nor inequality adversely. When surveyed, people in disproportionately large volumes from all groups say that their fortunes are improving. The essays in this volume show that trade oppenness has helped reduce poverty among most social groups.

India's Economic Policy

Author : Bimal Jalan
Publisher : Penguin UK
ISBN 13 : 9351187799
Total Pages : 224 pages
Book Rating : 4.3/5 (511 download)

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Book Synopsis India's Economic Policy by : Bimal Jalan

Download or read book India's Economic Policy written by Bimal Jalan and published by Penguin UK. This book was released on 2000-10-14 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: A lucid and brilliantly-argued book on India's recent economic reforms Nearly fifty years after independence, India remains a very poor country. It ranks near the bottom in terms of per capita income, and is similarly placed in the Human Develoent Index which measures social well-being. Economic growth in India has been less than half that of China or even other countries in Asia. And governments, at the Centre as well as in the states, are close to insolvency. The reason for our spectacular underachievement lies in the continuation of policies which had a certain validity as a response to the colonial experience, but which have long outlived their usefulness. The global economic scene has changed dramatically since they were formulated, and we must respond to the new realities. Bimal Jalan, the well known economist and present Governor of the RBI, in this lucid and well-argued book, makes a case for governments doing what they alone can best do, and less of what they cannot do effectively.

India’s New Economic Policy

Author : Waquar Ahmed
Publisher : Routledge
ISBN 13 : 1136936912
Total Pages : 334 pages
Book Rating : 4.1/5 (369 download)

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Book Synopsis India’s New Economic Policy by : Waquar Ahmed

Download or read book India’s New Economic Policy written by Waquar Ahmed and published by Routledge. This book was released on 2010-10-04 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional interpretations of the New Economic Policy introduced in India in 1991 see this program of economic liberalization as transforming the Indian economy and leading to a substantial increase in the rate of India’s economic growth. But in a country like India, growth is not enough. Who benefits from the new growth regime, and can it significantly improve the conditions of livelihood for India’s 800 million people with incomes below $2.00 a day? This edited volume looks at international policy regimes and their national adoption under strategic conditions of economic crisis and coercion, and within longer-term structural changes in the power calculus of global capitalism. The contributors examine long-term growth tendencies, poverty and employment rates at the national level, regional level and local levels in India; the main growth centers; the areas and people left out; the advantages and deficiencies of the existing policy regime, and alternative economic policies for India. Bringing together the leading figures in the discussion on India’s economic policy, this volume is the authoritative critical study of India’s New Economic Policy.

Indian Economic Policy and Development

Author : P. T. Bauer
Publisher : Routledge
ISBN 13 : 1136878505
Total Pages : 154 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis Indian Economic Policy and Development by : P. T. Bauer

Download or read book Indian Economic Policy and Development written by P. T. Bauer and published by Routledge. This book was released on 2012-06-25 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professor Bauer’s book, first published in 1961, reviews the major elements of contemporary official Indian development policy, considers their economic implications and their probable political and economic results. He then examines alternative approaches to the promotion of development. The development plans, notably the Second Five Year Plan and the official outlines of the Third Plan, receive major attention, but the author also considers other official policies and measures affecting economic development, which do not usually figure prominently in the formal development plans. Specific themes which Professor Bauer considers are: the influence of social customs and attitudes on economic progress; the relationship between investment expenditure and economic development; inter-relationships between agriculture and industry; the heavy industry programme; the controls over the private section; the relation of Plan finance to the foreign exchange crisis; the role of foreign aid; and the importance of certain major political objectives.

In Service of the Republic

Author : Vijay Kelkar
Publisher : Penguin Random House India Private Limited
ISBN 13 : 9353057132
Total Pages : 514 pages
Book Rating : 4.3/5 (53 download)

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Book Synopsis In Service of the Republic by : Vijay Kelkar

Download or read book In Service of the Republic written by Vijay Kelkar and published by Penguin Random House India Private Limited. This book was released on 2019-12-06 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a $3-trillion economy, India is on her way to becoming an economic superpower. Between 1991 and 2011, the period of our best growth, there was also a substantial decline in the number of people below the poverty line. Since 2011, however, there has been a marked retreat in the high growth performance of the previous two decades. What happened to the promise? Where have we faltered? How do we change course? How do we overcome the ever-present dangers of the middle-income trap, and get rich before we grow old? And one question above all else: What do we need to do to make our tryst with destiny? As professional economists as well as former civil servants, Vijay Kelkar and Ajay Shah have spent most of their lives thinking about and working on these questions. The result: In Service of the Republic, a meticulously researched work that stands at the intersection of economics, political philosophy and public administration. This highly readable book lays out the art and the science of the policymaking that we need, from the high ideas to the gritty practicalities that go into building the Republic.

Economic Policy in a Liberalising Economy

Author : Yoginder Kumar Alagh
Publisher : Springer
ISBN 13 : 981132817X
Total Pages : 89 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis Economic Policy in a Liberalising Economy by : Yoginder Kumar Alagh

Download or read book Economic Policy in a Liberalising Economy written by Yoginder Kumar Alagh and published by Springer. This book was released on 2018-11-02 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book follows up on the author’s popular previous volume on Indian development planning and policy, published under the UNU WIDER series in development economics. It first introduces an evaluation of the newly mandated policy body of India, National Institution for Transforming India (also called the NITI Aayog), which replaced the erstwhile Planning Commission. As per the government site, NITI Aayog is the premier policy ‘Think Tank’ of the Government of India, providing both directional and policy inputs. While designing strategic and long term policies and programmes for the Government of India, NITI Aayog also provides relevant technical advice to the Centre and States.The book goes on to critically describe and analyse the think tank’s policies in sectors like population, demographics and poverty; agriculture and industry; and infrastructure. Lastly, the concluding chapter discusses appropriate future policies. The approach is to analyse the policy stance of the present Government in India as stated in recent official documents and to see if it has any relationship with past plans in terms of concepts or program details. In addition to the policy makers, the book is a must have resource for students of development economics, particularly of India, and provides a critical account of policies for emerging economies.

Reintegrating India with the World Economy

Author : T. N. Srinivasan
Publisher : Columbia University Press
ISBN 13 : 0881324442
Total Pages : 192 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Reintegrating India with the World Economy by : T. N. Srinivasan

Download or read book Reintegrating India with the World Economy written by T. N. Srinivasan and published by Columbia University Press. This book was released on 2003-05-01 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: After nearly five decades of insulation from world markets, state controls, and slow growth, India embarked in 1991 on a process of liberalization of controls and progressive integration with the global economy in an effort to put its economy on a path of rapid and sustained growth. Despite major changes in the government since then, the thrust on reforms has been maintained. According to the World Bank, only 10 out of 145 countries had more rapid growth than India at over 6 percent per year in the 1990s and two had the same as India's. In this study, T.N. Srinivasan and Suresh D. Tendulkar analyze the economics and politics of India's recent and growing integration with the world economy. They argue that this process has to be nurtured and accelerated if India is to eradicate its poverty and take its rightful place in the global economic system.The study covers the historical roots and the political economy of India's late integration; domestic and external constraints on integration; external capital inflows including foreign direct investment; and India's emerging comparative advantage in the information technology industry and services, particularly computer software. The final chapter offers policy recommendations including proposals that India could make at the ongoing Doha Round of multilateral trade negotiations.

India's Economic Policy

Author : Charan Singh
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (838 download)

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Book Synopsis India's Economic Policy by : Charan Singh

Download or read book India's Economic Policy written by Charan Singh and published by . This book was released on 1979 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Unshackling India

Author : Ajay Chhibber
Publisher : HarperCollins
ISBN 13 : 9354890059
Total Pages : 414 pages
Book Rating : 4.3/5 (548 download)

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Book Synopsis Unshackling India by : Ajay Chhibber

Download or read book Unshackling India written by Ajay Chhibber and published by HarperCollins. This book was released on 2021-11-29 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: As India enters its seventy-fifth year of independence, conventional policy is unlikely to combat the breadth of its economic challenges. Across a range of areas-human capital, technology, agriculture, finance, trade, public service delivery and more-new ideas must now be on the table. The COVID-19 pandemic has not only cost India many lives and livelihoods, it has also exposed major structural weaknesses in the economy. A huge farm and jobs crisis, rising and massive inequalities, tepid investment growth, and chronic banking sector challenges have plagued the economy, exacerbated by the COVID-19 pandemic. It has also exposed the limitations of the Indian state, which tries to control too much-and ends up stifling the economy and the inherent energies of its young population. Climate change is no longer a distant threat, while disruptive technology has huge implications for India's demographic dividend. In addition, the dangerous lurch towards majoritarianism will cast its shadow on India's pursuit of prosperity for all. Unshackling India examines the question: Can India use the next twenty-five years, when it will reach the hundredth year of independence, to restructure not only its economy but rejuvenate its democratic energy and unshackle its potential-to become a genuinely developed economy by 2047? The book argues that India can foster a prosperous and inclusive economy if it sets its mind to it, acknowledges the hard truths, and lays out the clear choices and new ideas India must adopt towards that end.

Caste, Class and Capital

Author : Kanta Murali
Publisher : Cambridge University Press
ISBN 13 : 1107154502
Total Pages : 317 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis Caste, Class and Capital by : Kanta Murali

Download or read book Caste, Class and Capital written by Kanta Murali and published by Cambridge University Press. This book was released on 2017-02-02 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book traces the social and political origins of economic policy in India during its high growth phase after 1991.

India's Open-Economy Policy

Author : Jalal Alamgir
Publisher : Routledge
ISBN 13 : 1135970564
Total Pages : 193 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis India's Open-Economy Policy by : Jalal Alamgir

Download or read book India's Open-Economy Policy written by Jalal Alamgir and published by Routledge. This book was released on 2008-11-07 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first major exploration of Indian political economy using a constructivist approach. Arguing that India’s open-economy policy was made, justified, and continued on the basis of the idea of openness more than its tangible effect, the book explains what sustained the idea of openness, what philosophy, interpretations of history, and international context gave it support, justification, and persuasive force. Drawing on a wide range of contemporary and historical sources, and going as far back as the 19th century, the author reconstructs how Indian policymakers have interpreted economic priorities, perceived success and failure, and evaluated the destiny of their nation. By the 1990s, their imperatives increasingly highlighted a sense of rivalry, especially with China, and globalism, a desire to play a strong role in world affairs. The book shows how a sense of nationalist urgency was created through globalism and rivalry, allowing policymakers to privilege international needs over domestic political demands, replace economic independence with interdependence as a priority, and ensure that the broad basis of India’s openness could not be challenged effectively even though certain policies faced severe opposition. This book will be of interest to those working on International Political Economy, Globalization, Economic History, Public Policy, and South Asian politics.

Evolution of Economic Policy in India

Author : P. N. Dhar
Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 268 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Evolution of Economic Policy in India by : P. N. Dhar

Download or read book Evolution of Economic Policy in India written by P. N. Dhar and published by Oxford University Press, USA. This book was released on 2003 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Book Traces Various Aspects Of Development Under The Aegis Of The Five-Year Plans. For Decades, The Indian Government Under-Emphasized Agriculture And Over-Depended On Foreign Aid. It Institutionalized Inefficiency Of The Public Sector And Followed A Confused Socialist Ideology Leading To Structures Of Privilege. Policies That Were Politically Popular And Yet Economically Irrational Were Implemented. Dhar Underlines That Unless This Gap Between Economic Rationality And Political Feasibility Is Substantially Reduced India Will Not Fully Realize Its Economic Potential.

New Economic Policy

Author : Siddheswar Prasad
Publisher : Mittal Publications
ISBN 13 : 9788170995302
Total Pages : 314 pages
Book Rating : 4.9/5 (953 download)

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Book Synopsis New Economic Policy by : Siddheswar Prasad

Download or read book New Economic Policy written by Siddheswar Prasad and published by Mittal Publications. This book was released on 1993 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers presented at the National Seminar on "New Economic Policy: Perspective and Issues" held at the A.N. Sinha Institute of Social Studies, Patna, October 23-24, 1992.

Indian Economy

Author : K. R. Gupta
Publisher : Atlantic Publishers & Dist
ISBN 13 : 9788126909261
Total Pages : 414 pages
Book Rating : 4.9/5 (92 download)

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Book Synopsis Indian Economy by : K. R. Gupta

Download or read book Indian Economy written by K. R. Gupta and published by Atlantic Publishers & Dist. This book was released on 2008 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: At The Time Of Attainment Of Independence, The Indian Economy Was In A Bad Shape. Centuries Of Exploitative Rule By The British Had Drained India Of Its Wealth. The Realization Of The Need For Resurrecting The Indian Economy Had Dawned Upon Our Leaders Even Before Independence. The National Planning Committee (Npc) Was Constituted In 1938 To Study Various Aspects Of Economic Development. After Independence, The Planning Commission Was Set Up In 1950 To Assess The Country S Needs For Material Capital And Formulate Economic Plans.During The Initial Years Of Planning Major Thrust Was To Develop Heavy And Basic Industries To Reduce The Country S Dependence On Import Of Machinery And Equipment, And Initiate Self-Sustained Long-Term Growth. The Progress Under The Nehru-Mahalanobis Model Of Growth Which Continued Upto The 1980S Was Slow. The 1990S Saw Major Shifts In Economic Policies With The Introduction Of Privatization And Liberalization In The Form Of Industrial Delicensing And Opening Up Of Indian Economy To International Trade. The Economic Reforms, Together With The Adoption Of New Technologies And Building Up Of Infrastructure, Have Led To A High Annual Gdp Growth Rate Of Over Eight Per Cent For The Last Three Years. Nearly All Economic Indicators Are In The Positive Zone.Paradoxically, However, The Country Is Experiencing Shortages In Amenities, Infrastructure And Essential Services. The Basic Objectives Of Alleviation Of Poverty, Generation Of Adequate Employment Opportunities And Removal Of Inequalities Of Income And Wealth Have Not Been Realized. Growth Is, By And Large, Confined To Our Urban Areas.The Book Studies The Structure And Features Of Indian Economy And Analyses All The Important Issues Relating Thereto. It Includes Latest Facts And Figures. It Will Be Useful To The Economists, Government Executives, Parliamentarians And Legislators To Frame Effective Policies. The Coverage And Treatment Of The Subject Will Immensely Help Students Of Economics And The Aspiring Candidates Of Various Competitive Examinations.

Strategic Consequences of India's Economic Performance

Author : Sanjaya Baru
Publisher : Routledge
ISBN 13 : 1134709730
Total Pages : 498 pages
Book Rating : 4.1/5 (347 download)

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Book Synopsis Strategic Consequences of India's Economic Performance by : Sanjaya Baru

Download or read book Strategic Consequences of India's Economic Performance written by Sanjaya Baru and published by Routledge. This book was released on 2013-02-01 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Sanjaya Baru, one of India’s most respected commentators on political and economic issues, pays close attention to the strategic consequences of India’s increasingly impressive economic performance. The new turn in India's economic policies and performance in the last decade of the twentieth century; the success of Indian enterprise in the post-WTO world; the emergence of a confident professional middle-class; a demonstrated nuclear capability; and the resilience of an open society and an open economy, in the face of multiple and complex challenges, have all shaped India's response to the tectonic shifts in the global balance of power in the post-Cold War era. In this collection of academic essays and newspaper columns, Baru explores the business of diplomacy and the diplomacy of business in a rising India. The role of India's cultural and intellectual 'soft power' in shaping global perceptions of India are examined. The book offers a panoramic view of the geopolitics and the geo-economics of India's recent rise as a free market democracy, and as such will interest both experts and lay readers.