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Indias Economic Policies
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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 396 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.
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.
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 2012-10-05 with total page 445 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. The first volume, India's Reforms: How They Produced Inclusive Growth (OUP, 2012), systematically demonstrated that reforms-led growth in India led to reduced poverty among all social groups. They also led to shifts in attitudes whereby citizens overwhelmingly acknowledge the benefits that accelerated growth has brought them and as voters, they now reward the governments that deliver superior economic outcomes and punish those that fail to do so. This latest volume takes as its starting point the fact that while reforms have undoubtedly delivered in terms of poverty reduction and associated social objectives, the impact has not been as substantial as seen in other reform-oriented economies such as South Korea and Taiwan in the 1960s and 1970s, and more recently, in China. The overarching hypothesis of the volume is that the smaller reduction in poverty has been the result of slower transformation of the economy from a primarily agrarian to a modern, industrial one. Even as the GDP share of agriculture has seen rapid decline, its employment share has declined very gradually. More than half of the workforce in India still remains in agriculture. In addition, non-farm workers are overwhelmingly in the informal sector. Against this background, the nine original essays by eminent economists pursue three broad themes using firm level data in both industry and services. The papers in part I ask why the transformation in India has been slow in terms of the movement of workers out of agriculture, into industry and services, and from informal to formal employment. They address what India needs to do to speed up this transformation. They specifically show that severe labor-market distortions and policy bias against large firms has been a key factor behind the slow transformation. The papers in part II analyze the transformation that reforms have brought about within and across enterprises. For example, they investigate the impact of privatization on enterprise profitability. Part III addresses the manner in which the reforms have helped promote social transformation. Here the papers analyze the impact the reforms have had on the fortunes of the socially disadvantaged groups in terms of wage and education outcomes and as entrepreneurs.
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 468 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.
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.
Download or read book India Transformed written by Rakesh Mohan and published by Brookings Institution Press. This book was released on 2018-09-25 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this commemorative volume, India's top business leaders and economic luminaries come together to provide a balanced picture of the consequences of the country’s economic reforms, which were initiated in 1991. What were the reforms? What were they intended for? How have they affected the overall functioning of the economy? With contributions from Mukesh Ambani, Narayana Murthy, Sunil Mittal, Kiran Mazumdar-Shaw, Shivshankar Menon, Montek Singh Ahluwalia, T.N. Ninan, Sanjaya Baru, Naushad Forbes, Omkar Goswami and R. Gopalakrishnan, India Transformed delves deep into the life of an economically liberalized India through the eyes of the people who helped transform it.
Book Synopsis India's Economic Reforms, 1991-2001 by : Vijay Joshi
Download or read book India's Economic Reforms, 1991-2001 written by Vijay Joshi and published by Clarendon Press. This book was released on 1996-09-26 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: India is the world's largest democracy, and second-largest developing country. For forty years it has also been one of the most dirigiste and autarkic. The 1980s saw most developing and erstwhile communist countries opt for market economic systems. India belatedly initiated similar reforms in 1991. This book evaluates the progress of those reforms, covering all of the major areas of policy; stabilization, taxation and trade, domestic and external finance, agriculture, industry, the social sectors, and poverty alleviation. Will India realize its great potential by freeing itself from the self-imposed constraints that have hindered its development? This is the important and fascinating question considered by this book.
Book Synopsis The Politics of Economic Restructuring in India by : Loraine Kennedy
Download or read book The Politics of Economic Restructuring in India written by Loraine Kennedy and published by Routledge. This book was released on 2013-12-17 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: State re-scaling is the central concept mobilized in this book to interpret the political processes that are producing new economic spaces in India. In the quarter century since economic reforms were introduced, the Indian economy has experienced strong growth accompanied by extensive sectoral and spatial restructuring. This book argues that in this reformed institutional context, where both state spaces and economic geographies are being rescaled, subnational states play an increasingly critical role in coordinating socioeconomic activities. The core thesis that the book defends is that the reform process has profoundly reconfigured the Indian state’s rapport with its territory at all spatial scales, and these processes of state spatial rescaling are crucial for comprehending emerging patterns of economic governance and growth. It demonstrates that the outcomes of India’s new policy regime are not only the product of impersonal market forces, but that they are also the result of endogenous political strategies, acting in conjunction with the territorial reorganisation of economic activities at various scales, ranging from local to global. Extensive empirical case material, primarily from field-based research, is used to support these theoretical assertions. Scholars of political economy, political and economic geography, industrial development, development studies and Asian Studies will find this a stimulating and innovative contribution to the study of the political economy in the developing countries.
Book Synopsis Growth, Sustainability, and India's Economic Reforms by : T.N. Srinivasan
Download or read book Growth, Sustainability, and India's Economic Reforms written by T.N. Srinivasan and published by Oxford University Press. This book was released on 2011-07-27 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book includes insightful lectures by eminent economist T.N. Srinivasan on the origins, rationale, and outcomes of India's economic reforms. The book will be invaluable for students and teachers of macroeconomics, Indian economy, development economics, and finance.
Book Synopsis Why Growth Matters by : Jagdish Bhagwati
Download or read book Why Growth Matters written by Jagdish Bhagwati and published by PublicAffairs. This book was released on 2013-04-09 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru's pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral challenge: lifting a great number of extremely poor people out of poverty? Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant effect: economic growth, led by markets overseen and encouraged by liberal state policies. Their radical message has huge consequences for economists, development NGOs and anti-poverty campaigners worldwide. There are vital lessons here not only for Southeast Asia, but for Africa, Eastern Europe, and anyone who cares that the effort to eradicate poverty is more than just good intentions. If you want it to work, you need growth. With all that implies.
Book Synopsis Facets of India's Economy and Her Society: Recent economic and social history and political economy by : Raghbendra Jha
Download or read book Facets of India's Economy and Her Society: Recent economic and social history and political economy written by Raghbendra Jha and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "This two-volume work provides an account of how India has been meeting its myriad of economic, political and social challenges and how things are expected to evolve in the future. Despite enormous challenges at the time of independence, India chose to address them within a secular, liberal, democratic framework, which guaranteed several fundamental rights. Challenges included intense mass poverty and hunger, very poor literacy and educational abilities of the population, the task of uniting a country with scores of languages and ethnicities ruled by different entities for decades and persistent threats of external aggression, to name just a few. Over time, incomes and opportunities have expanded enormously and India has regained her self-confidence as a nation."--
Book Synopsis OECD Economic Surveys: India 2019 by : OECD
Download or read book OECD Economic Surveys: India 2019 written by OECD and published by OECD Publishing. This book was released on 2019-12-24 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: India has been a growth champion in recent years and has succeeded in taming inflation, the current account deficit and non-performing loans. India's participation in the global economy has risen, with outstanding performances in some services, while the largest diaspora in the world is an asset in developing new markets. India has also lifted many millions of people out of poverty and has made access to housing for all a priority. Ambitious structural reforms -- including better targeted household support, financial inclusion initiatives, the implementation of the Goods and Services Tax, the Insolvency and Bankruptcy Code, the new approach to federalism and the corporate income tax reform -- have played a key role.
Book Synopsis Development Challenges of India After Twenty Five Years of Economic Reforms by : Nripendra Kishore Mishra
Download or read book Development Challenges of India After Twenty Five Years of Economic Reforms written by Nripendra Kishore Mishra and published by Springer Nature. This book was released on 2020-10-14 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book revisits some of the persisting challenges of development of India, which remain unresolved even after twenty-five years of economic reforms and almost fifteen years of high growth rate. These include defining purpose of development, inequality, labour, work, unemployment, agrarian distress and migration. The book questions the overemphasis on growth to the extent of neglecting basic issues of development. With a number of contributions re-imagining development and its political economy, the book discusses above mentioned issues in light of new data and more recent conceptions of the issues. The contributors of this volume are eminent researchers in their respective field. Presenting primary as well as secondary data, the book considers the latest advances and research and also addresses new challenges like the global reorganization of production and the consequences for labour and the world of work, along with skills question. World of work has received detailed investigation in this book. This is a timely addition in existing literature especially in context of pandemic and lockdown. Informality and un/employment question is addressed in this context. Relationship among poverty, inequality and growth is examined in light of newer understanding. Agrarian distress is looked in a broader context. A number of papers are examining migration question by expanding coverage of migration and including labour mobility as apart of migration debate. The present crisis of migrant labour and absence of social security for these workers is also discussed. This book is primarily intended for those interested in recent advances on some of the basic aspects of development, like poverty, inequality, informality, word of work, migration and labour mobility. It is also useful for researchers, policy makers, journalists and civil society organizations working on these issues.
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.
Download or read book India Unbound written by Gurcharan Das and published by Anchor. This book was released on 2002-04-09 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt: India today is a vibrant free-market democracy, a nation well on its way to overcoming decades of widespread poverty. The nation’s rise is one of the great international stories of the late twentieth century, and in India Unbound the acclaimed columnist Gurcharan Das offers a sweeping economic history of India from independence to the new millennium. Das shows how India’s policies after 1947 condemned the nation to a hobbled economy until 1991, when the government instituted sweeping reforms that paved the way for extraordinary growth. Das traces these developments and tells the stories of the major players from Nehru through today. As the former CEO of Proctor & Gamble India, Das offers a unique insider’s perspective and he deftly interweaves memoir with history, creating a book that is at once vigorously analytical and vividly written. Impassioned, erudite, and eminently readable, India Unbound is a must for anyone interested in the global economy and its future.
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 99 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.
Book Synopsis The Republic of India by : Alan Gledhill
Download or read book The Republic of India written by Alan Gledhill and published by . This book was released on 2013 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt:
