{"title":"Reference Texts","description":"","products":[{"product_id":"indian-economy-performance-policies","title":"Indian Economy (25th Edition): 2024-25","description":"\u003cdiv\u003e\n\u003cmeta charset=\"utf-8\"\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eHERE’s the new, 25th Edition of the widely accepted textbook on Indian Economy for undergraduate students (BA \/BCom\/Hons) incorporating the latest recommended readings. The book provides a comprehensive coverage of Indian economy under five sections:\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eI.\u003cspan\u003e \u003c\/span\u003ebasic issues in economic development: institutional framework and policy regimes;\u003c\/div\u003e\n\u003cdiv\u003eII.\u003cspan\u003e \u003c\/span\u003egrowth and distributional issues: poverty, inequality and employment;\u003c\/div\u003e\n\u003cdiv\u003eIII.\u003cspan\u003e \u003c\/span\u003ecurrent perspectives in Indian agriculture: growth, productivity, constraints and pricing;\u003c\/div\u003e\n\u003cdiv\u003eIV.\u003cspan\u003e \u003c\/span\u003eindustry and services sector;\u003c\/div\u003e\n\u003cdiv\u003eV.\u003cspan\u003e \u003c\/span\u003efinancial sector and the external sector.\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eThe author Dr. Uma Kapila has specially designed this book based on the latest original readings recommended for the undergraduate courses, some of these being available in her edited books:\u003cem\u003e\u003cspan\u003e \u003c\/span\u003eIndian Economy Since Independence, 35th Edition (2024-25)\u003c\/em\u003e,\u003cspan\u003e \u003c\/span\u003e\u003cem\u003eIndian Economic Development Since 1947 (2016-17 Edition)\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003eand\u003cspan\u003e \u003c\/span\u003e\u003cem\u003eIndian Economy: Economic Development and Policy (3rd Edition 2021)\u003c\/em\u003e. \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eIn the present volume, author has made an effort to keep the language simple without compromising the effectiveness of the argument or diluting the analyses. The book also carries a comprehensive Glossary. \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eApart from undergraduate students, the book is widely used by students preparing for the IAS and other competitive examinations.\u003c\/div\u003e\n\u003cdiv\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003eDr. Uma Kapila, author\/editor of several books on Indian economy, retired as Reader, Department of Economics, Miranda House, University of Delhi. She has taught Indian economy to undergraduate students for more than 42 years. Currently, she is Editorial Director, Academic Foundation.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003ch2\u003eContents in Detail\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003ca class=\"menuitem submenuheader\" href=\"http:\/\/academicfoundation.org\/#\"\u003e\u003cspan class=\"accordsuffix\"\u003e\u003c\/span\u003e\u003c\/a\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cdiv\u003e\u003cem\u003ePreface\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection - I \u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eEconomic Development in\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePost-Independent India\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eBasic Issues in Economic Development\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e1. Economic Development and Underdevelopment\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e2. Economic Development: Factors and Strategies\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e3. India’s Economy at Independence\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eGrowth, Institutional Framework and Policy Regime\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e4. Economic Planning: Evolution and Strategy\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e5.\u003cspan\u003e \u003c\/span\u003eEconomic Reforms and Liberalisation\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e6.\u003cspan\u003e \u003c\/span\u003eDemography and Development\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e7.\u003cspan\u003e \u003c\/span\u003eLand Reforms\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e8.\u003cspan\u003e \u003c\/span\u003eGrowth and Structural Changes since 1951\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection- II \u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eGrowth and Distribution\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e9. Poverty in India\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e10.\u003cspan\u003e \u003c\/span\u003eUnemployment and Employment Perspective\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e11. Economic Inequality in India\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection- III\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eCurrent Perspectives in Agriculture\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e12. Agriculture: Role and Growth Performance\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e13.\u003cspan\u003e \u003c\/span\u003eAgricultural Price Policy, Food Management and Food Security\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection- IV\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eCurrent Perspectives in Industry and Services\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e14. Industrial Policy\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e15.\u003cspan\u003e \u003c\/span\u003eIndustrial Growth and Structure since 1951\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e16.\u003cspan\u003e \u003c\/span\u003eMicro, Small and Medium Enterprises (MSEs)\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e17. Public Sector in the Indian Economy\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e18. Services in the Indian Growth Process\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e19.\u003cspan\u003e \u003c\/span\u003eForeign Direct Investment\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection- V\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eFinancial Sector and External Sector\u003c\/strong\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eFinancial Sector\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e20. The Financial Sector: Structure, \u003c\/span\u003ePerformance and Reforms\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eExternal Sector\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e21. Foreign Trade and Trade Policy\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e22.\u003cspan\u003e \u003c\/span\u003eBalance of Payments\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e23.\u003cspan\u003e \u003c\/span\u003eIndia and the WTO \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e24.\u003cspan\u003e \u003c\/span\u003eIndian Economy Today: An Overview\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eGlossary\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003e\u003cspan\u003eSelect Bibliography\u003c\/span\u003e\u003c\/em\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ctable style=\"width: 100%; height: 78.3752px;\" width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e604\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332706538\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila","offers":[{"title":"Paperback \/ English \/ Economics","offer_id":51208848015681,"sku":null,"price":775.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/25th_front.png?v=1770637877"},{"product_id":"new-product-copy","title":"Indian Economy (26th Edition)","description":"\u003cdiv\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\u003cspan\u003eHERE’s the new, 26th Edition of the widely accepted textbook on Indian Economy for undergraduate students (BA \/BCom\/Hons) incorporating the latest recommended readings. \u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003eThe book provides a comprehensive coverage of Indian economy under five sections:\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003eI.\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003ebasic issues in economic development: institutional framework and policy regimes;\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003eII. growth and distributional issues: poverty, inequality and employment;\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003eIII. current perspectives in Indian agriculture: growth, productivity, constraints and pricing;\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003eIV. industry and services sector;\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003eV. financial sector and the external sector.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003eThe author Dr. Uma Kapila has specially designed this book based on the latest original readings recommended for the undergraduate courses, some of these being available in her edited books: Indian Economy Since Independence, 36th Edition (2025-26), Indian Econo-mic Development Since 1947 (2016-17 Edition) and Indian Economy: Economic Development and Policy (3rd Edition 2021). \u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003eIn the present volume, author has made an effort to keep the language simple without compromising the effectiveness of the argument or diluting the analyses. The book also carries a comprehensive Glossary.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003eApart from undergraduate students, the book is widely used by students preparing for the IAS and other competitive examinations.\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cp class=\"d_normalheder\"\u003e\u003cspan\u003e\u003cstrong\u003eDr. Uma Kapila,\u003c\/strong\u003e author\/editor of several books on Indian economy, retired as Reader, Department of Economics, Miranda House, University of Delhi. She has taught Indian economy to undergraduate students for more than 42 years. Currently, she is Editorial Director, Academic Foundation.\u003c\/span\u003e\u003c\/p\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: rgb(0, 0, 0);\"\u003eContents in Detail\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h2\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cdiv\u003e\u003cem\u003e\u003cspan\u003ePreface\u003c\/span\u003e\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eSection - I \u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eEconomic Development in Post-Independent India\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003e\u003cspan\u003eBasic Issues in Economic Development\u003c\/span\u003e\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e1. Economic Development and Underdevelopment\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e2. Economic Development: Factors and Strategies\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e3. India’s Economy at Independence\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e4. Economic Planning: Evolution and Strategy\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e5. Economic Reforms and Liberalisation\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e6. Demography and Development\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e7. Land Reforms\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e8. Growth and Structural Changes since 1951\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eSection- II \u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eGrowth and Distribution\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e9. Poverty in India\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e10. Unemployment and Employment Perspective\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e11. Economic Inequality in India\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eSection- III\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eCurrent Perspectives in Agriculture\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e12. Agriculture: Role and Growth Performance\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e13. Agricultural Price Policy, Food Management and Food Security\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eSection- IV\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eCurrent Perspectives in Industry and Services\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e14. Industrial Policy\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e15. Industrial Growth and Structure since 1951\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e16. Micro, Small and Medium Enterprises (MSEs)\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e17. Public Sector in the Indian Economy\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e18.\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eServices in the Indian Growth Process\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e19. Foreign Direct Investment\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eSection- V\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eFinancial Sector and External Sector \u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003e\u003cspan\u003eFinancial Sector\u003c\/span\u003e\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e20. The Financial Sector: Structure, Performance and Reforms\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003e\u003cspan\u003eExternal Sector\u003c\/span\u003e\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e21. Foreign Trade and Trade Policy\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e22.\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eBalance of Payments\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e23. India and the WTO\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e24. Indian Economy Today: An Overview and Journey to 2047\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003e\u003cspan\u003eGlossary\u003c\/span\u003e\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cem\u003e\u003cspan\u003eSelect Bibliography\u003c\/span\u003e\u003c\/em\u003e\u003cmeta charset=\"utf-8\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cbr\u003e\n\u003c\/div\u003e\n\u003ctable width=\"100%\" style=\"width: 100%; height: 78.3752px;\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e2025\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e628\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332707023\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila","offers":[{"title":"Paperback \/ ENG- English \/ Economics","offer_id":50975944769857,"sku":null,"price":995.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/Performance_and_Policies_26_front.png?v=1763981434"},{"product_id":"present-day-china-a-net-assessment-copy-5","title":"Indian Economy","description":"\u003cdiv\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e\n\u003c\/div\u003e\n\u003cdiv id=\"display\"\u003e\n\u003cdiv id=\"yourdiv\"\u003e\n\u003cdiv id=\"display_right\"\u003e\n\u003cdiv id=\"rt_products\" class=\"pad10 overflow\"\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003e\u003cspan\u003eThis book has been designed to cover the course content of Indian Economy paper for the students of B.A. Programme and B.A. (Hons.) other than Economics, including B. Com (Hons.). The book, in five sections, aims to provide comprehensive coverage of the Indian economy as per the course outline with original readings as recommended.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003eSection I discusses the issues in growth, development and sustainability and factors in development followed by economic development in India since Independence (Section II). Section III is devoted to growth and structural change in Indian economy. Section IV provides an assessment of Indian development experience covering critical evaluation of growth, inequality, poverty, employment and unemployment. Section V looks into a comparative picture of Indian economy.\u003c\/p\u003e\n\u003cp\u003eThe analysis and discussion covering these 5 sections in 20 chapters include contributors by economics and experts in their respective fields.\u003c\/p\u003e\n\u003cspan class=\"morecontent\"\u003e\u003cspan\u003e\u003c\/span\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003e\u003cstrong\u003eUMA KAPILA,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eauthor\/editor of several other books, has taught Indian Economy to undergraduate students for over forty-two years. She retired as Reader from the Department of Economics, Miranda House, University of Delhi. Presently, she is Senior Editor, Academic Foundation.\u003c\/p\u003e\n\u003cp\u003eAn Honours Graduate from Miranda House, University of Delhi and M.A. and Ph.D. from Delhi School of Economics, Dr. Uma Kapila has also served on the Planning Commission Study Group on “Agricultural Strategies in the Eastern Region of India for the Seventh Five Year Plan” (Perspective Planning Division).\u003c\/p\u003e\n\u003cp\u003eDr. Uma Kapila is the author of the book\u003cspan\u003e \u003c\/span\u003e\u003cem\u003eOilseeds Economy of India\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003e(1982) published by the Institute of Economic Growth, Delhi. She is also the author\/editor of two other textbooks on Indian economy, one meant for B.A. (Hons.) Economics, and the other for B.A.(Programme) and B.Com (Hons.) and Honours other than Economics. She has edited, and co-edited with Raj Kapila, a number of books on India’s economy, banking and finance.\u003c\/p\u003e\n\u003cspan class=\"morecontent\"\u003e\u003cspan\u003e\u003c\/span\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eContributors\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003e\u003cstrong\u003eArnab Acharya,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eSr. Lecturer, London School of Hygiene\u003cbr\u003eand Tropical Medicine, London, UK.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSanghmitra Acharya,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eDirector, Indian Institute of Dalit Studies,\u003cbr\u003eNew Delhi.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePulapre Balakrishnan\u003c\/strong\u003e, Professor of Economics, \u003cbr\u003eAshoka University, Kundli, Haryana.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eRama Baru,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eProfessor, Centre of Social Medicine and\u003cbr\u003eCommunity Health, Jawaharlal Nehru University, New Delhi \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eKaushik Basu,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eEconomist, Senior Vice-President and\u003cbr\u003eChief Economist, World Bank, Washington, USA.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eS. Mahendra Dev,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eDirector (Vice Chancellor),\u003cbr\u003eIndira Gandhi Institute of Development Research, Mumbai.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eTim Dyson, \u003c\/strong\u003eProfessor, Population Studies, DESTIN,\u003cbr\u003eLondon School of Economics, London.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUma Kapila,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eReader (Retd.), Department of Economics,\u003cbr\u003eMiranda House, University of Delhi.\u003cbr\u003ePresently, Senior Editor, \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eA.K. Shiva Kumar,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eCo-Chair, Know Violence in Childhood\u003cbr\u003eGlobal Learning Initiatives; earlier Director, International Centre\u003cbr\u003efor Human Development, New Delhi. \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eRakesh Mohan, \u003c\/strong\u003eExecutive Director, International Monetary\u003cbr\u003eFund (IMF) Washington, DC representing India,\u003cbr\u003eSri Lanka and Bhutan.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eK. Nagaraj,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eProfessor, Madras Institute of\u003cbr\u003eDevelopment Studies, Chennai, Tamil Nadu\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT.S. Papola, \u003c\/strong\u003eICSSR National Fellow, Institute for Studies\u003cbr\u003ein Industrial Development (ISID), New Delhi. \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eC. Rangarajan,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eChairman, Madras School of Economics,\u003cbr\u003eChennai; formerly Chairman, Prime Minister’s Economic Advisory\u003cbr\u003eCouncil; Chairman, Twelfth Finance Commission.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eAlakh N. Sharma\u003c\/strong\u003e, Director, Institute for Human Development (IHD),\u003cbr\u003eNew Delhi.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eJayan Jose Thomas,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eAssistant Professor, Humanities and\u003cbr\u003eSocial Sciences Department, Indian Institute of Technology, New Delhi.\u003c\/p\u003e\n\u003cspan class=\"morecontent\"\u003e\u003cspan\u003e\u003c\/span\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003eContents in Detail\u003c\/h2\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cp\u003e        Preface    \u003cbr\u003e        Contributors \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSECTION I\u003c\/strong\u003e\u003cbr\u003eISSUES IN GROWTH, DEVELOPMENT, SUSTAINABILITY\u003cbr\u003eAND FACTORS IN DEVELOPMENT\u003cbr\u003e1.    Growth, Development and Sustainability        \u003cbr\u003e        \u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003cbr\u003e            •     Introduction    \u003cbr\u003e            •     What Does Development Mean    \u003cbr\u003e            •     Economic Growth and Economic Development    \u003cbr\u003e            •     The New View of Economic Development    \u003cbr\u003e            •     Development, Freedom and Opportunities    \u003cbr\u003e            •     The Three Objectives of Development    \u003cbr\u003e            •     Human Development    \u003cbr\u003e            •     Are there Limits to Human Development?    \u003cbr\u003e            •     What Makes Development Unsustainable?     \u003cbr\u003e            •     The Current State of Human Development    \u003cbr\u003e            •     The Millennium Development Goals    \u003cbr\u003e            •     Developed and Underdeveloped Countries    \u003cbr\u003e            •     Defining the Developing World    \u003cbr\u003e            •     Characteristics of the Developing World:\u003cbr\u003e                  Diversity within Commonality    \u003cbr\u003e2.    Factors in Development \u003cbr\u003e        \u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003cbr\u003e            •     Introduction   \u003cbr\u003e            •     Economic Factors    \u003cbr\u003e            •     Non-Economic Factors    \u003cbr\u003e            •     Conclusion    \u003c\/p\u003e\n\u003cp\u003e3.    Capital Formation        \u003cbr\u003e        \u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003cbr\u003e            •     What is Capital Formation?    \u003cbr\u003e            •     Process of Capital Formation    \u003cbr\u003e            •     Role of Capital Formation    \u003cbr\u003e            •     Problem of Capital Formation     \u003cbr\u003e            •     Theory of Balanced Growth    \u003cbr\u003e            •     Supply-Side of Capital Formation    \u003cbr\u003e            •     Foreign Capital and Economic Development    \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSECTION II\u003c\/strong\u003e\u003cbr\u003eECONOMIC DEVELOPMENT IN INDIA SINCE INDEPENDENCE\u003cbr\u003e4.    Indian Economy at Independence        \u003cbr\u003e        \u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003cbr\u003e            •     The Colonial Regime    \u003cbr\u003e            •     The India of 1947    \u003cbr\u003e            •     The Agrarian Scene    \u003cbr\u003e            •     The State of Indian Industry and its Structure    \u003cbr\u003e            •     The Planning Era    \u003c\/p\u003e\n\u003cp\u003e5.    Planning, Market and the State        \u003cbr\u003e        \u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003cbr\u003e            •     Structural Constraints and the\u003cbr\u003e                   Development Strategy    \u003cbr\u003e            •     Role of the State as Visualised in the Fifties     \u003cbr\u003e            •     Evolution of Strategy and Priorities     \u003cbr\u003e            •     Changing Perceptions     \u003cbr\u003e            •     Role of Planning in a Market Economy    \u003cbr\u003e            •     Redefining the Role of State     \u003cbr\u003e            •     The Government, the State and the Market    \u003cbr\u003e            •     Relevance of Planning Commission    \u003cbr\u003e            •     NITI Aayog: Role and Functions    \u003c\/p\u003e\n\u003cp\u003e6.    Monetary, Fiscal and Budgetary Developments\u003cbr\u003e       Policies and their Impact        \u003cbr\u003e        \u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003cbr\u003e            •     Monetary Policy    \u003cbr\u003e            •     Fiscal Policy    \u003cbr\u003e            •     Recent Fiscal Performance     \u003cbr\u003e            •     Medium-Term Fiscal Framework    \u003cbr\u003e            •     Conclusions    \u003c\/p\u003e\n\u003cp\u003e7.    Fiscal Federalism: Centre-State Fiscal Relations    \u003cbr\u003e        \u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003cbr\u003e            •     Fiscal Federalism    \u003cbr\u003e            •     Fiscal Transfers     \u003cbr\u003e            •     Guiding Factors and Work Processes    \u003cbr\u003e            •     The Context    \u003cbr\u003e            •     Major Recommendations of FFC    \u003cbr\u003e            •     Implications of FFC Recommendations for\u003cbr\u003e                   Fiscal Federalism: A Way Ahead    \u003c\/p\u003e\n\u003cp\u003e8.    Demographic Constraint: Population Change\u003cbr\u003e        and Economic Development       \u003cbr\u003e        \u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003cbr\u003e            •     Introduction    \u003cbr\u003e            •     Economic Development and Population Growth    \u003cbr\u003e            •     The Microeconomic Theory of Fertility    \u003cbr\u003e            •     Population Trends   \u003cbr\u003e            •     Gender Equity and the Demographic Transition    \u003cbr\u003e            •     Population Policy since 1947    \u003cbr\u003e            •     National Population Policy, 2000    \u003cbr\u003e            •     Human Resource Development    \u003cbr\u003e            •     Public Expenditure and Education Policy    \u003cbr\u003e            •     Health Care as a Social Responsibility    \u003cbr\u003e            •     Human Development: International Comparison    \u003cbr\u003e            •     Disparities and Divides    \u003cbr\u003e            •     Tamil Nadu: The Success Story    \u003cbr\u003e            •     The Future    \u003cbr\u003e            •     Demographic Dividend and Related\u003cbr\u003e                  Policy Interventions    \u003c\/p\u003e\n\u003cp\u003e9.    India’s Demographic Transition and its\u003cbr\u003e       Consequences for Development        \u003cbr\u003e      \u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003e Tim Dyson\u003c\/strong\u003e\u003cbr\u003e            •     India’s Demographic Transition     \u003cbr\u003e            •     Urbanisation    \u003cbr\u003e            •     The Future    \u003cbr\u003e            •     Discussion    \u003c\/p\u003e\n\u003cp\u003e10.   India’s Labour Market During the 2000s:\u003cbr\u003e        Surveying the Changes        \u003cbr\u003e      \u003cstrong\u003e\u003cspan\u003e \u003c\/span\u003e Jayan Jose Thomas\u003c\/strong\u003e\u003cbr\u003e            •    Broad Trends in Labour Absorption     \u003cbr\u003e            •    Explaining Jobless Growth (Second-Half of 2000s)    \u003cbr\u003e            •    Continuing Challenges to a Modern Labour Market    \u003cbr\u003e            •    Missing Women in the Indian Economy    \u003cbr\u003e            •    Conclusions    \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSECTION III\u003c\/strong\u003e\u003cbr\u003eGROWTH AND STRUCTURAL CHANGE\u003cbr\u003e11.  Growth and Structural Change Since 1951    \u003cbr\u003e        \u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003cbr\u003e            •     Periodisation of Indian Growth Experience  \u003cbr\u003e            •     India’s Growth Turnaround  \u003cbr\u003e            •     Aggregate Demand   \u003cbr\u003e            •     Priorities for Reviving Growth    \u003cbr\u003e            •     Reform Agenda    \u003cbr\u003e            •     Performance on Inclusiveness   \u003cbr\u003e            •     The Need for Faster Growth    \u003cbr\u003e            •     International Comparisons    \u003cbr\u003e            •     Growth and Structural Change  \u003cbr\u003e            •     Sectoral Growth Trends    \u003cbr\u003e            •     Growth and Sectoral Shares, Cross-Country\u003cbr\u003e                   Evidence and Indian Experience     \u003cbr\u003e            •     Inter-Regional Disparities in\u003cbr\u003e                   Growth and Development    \u003cbr\u003e            •     The Way Ahead    \u003cbr\u003e            •     Growth Prospect: An Assessment    \u003cbr\u003e            •     Sustainable Development and Climate Change    \u003c\/p\u003e\n\u003cp\u003e12.    The Recovery of India: Economic Growth\u003cbr\u003e         in the Nehru Era        \u003cbr\u003e        \u003cstrong\u003ePulapre Balakrishnan\u003c\/strong\u003e\u003cbr\u003e            •     Introduction    \u003cbr\u003e            •     Nehru-Mahalanobis Strategy    \u003cbr\u003e            •     A Record of Growth in the Nehru Era    \u003cbr\u003e            •     Caricature of a Vision: Through a Glass, Darkly    \u003cbr\u003e            •     Conclusions    \u003c\/p\u003e\n\u003cp\u003e13.  Growth Record of the Indian Economy,\u003cbr\u003e       1950-2008: A Story of Sustained Savings\u003cbr\u003e        and Investment        \u003cbr\u003e        \u003cstrong\u003eRakesh Mohan\u003c\/strong\u003e\u003cbr\u003e            •     A Review of the Indian Growth Process     \u003cbr\u003e            •     Prospects for the Next Five Years     \u003cbr\u003e            •     Issues and Challenges     \u003c\/p\u003e\n\u003cp\u003e14.  Growth and Investment: The Interlinks        \u003cbr\u003e      \u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003e C. Rangarajan\u003c\/strong\u003e\u003cbr\u003e            •     Behaviour of Saving    \u003cbr\u003e            •     Behaviour of Investment    \u003cbr\u003e            •     The Way Forward \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSECTION IV\u003c\/strong\u003e\u003cbr\u003eASSESSMENT OF INDIAN DEVELOPMENT EXPERIENCE\u003cbr\u003e15.  Assessment of the Growth Experience\u003cbr\u003e        Poverty, Inequality and Unemployment        \u003cbr\u003e        \u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003cbr\u003e            •     Poverty and Unemployment     \u003cbr\u003e            •     Poverty Estimates    \u003cbr\u003e            •     Poverty and Inclusive Growth    \u003cbr\u003e            •     Inequality    \u003cbr\u003e            •     Urban Inequality After Economic Reforms    \u003cbr\u003e            •     Employment    \u003cbr\u003e            •     Employment, Unemployment and\u003cbr\u003e                   Labour Force Dynamics    \u003cbr\u003e            •     Underemployment: A Continuing\u003cbr\u003e                  Characteristic of Employment    \u003cbr\u003e            •     Characteristics and Structure of the\u003cbr\u003e                   Indian Labour Market    \u003cbr\u003e            •     Trends and Patterns of Employment Growth  \u003cbr\u003e            •     Summing Up: Key Features of the\u003cbr\u003e                    Employment Situation   \u003cbr\u003e            •     Labour Market Reforms Would Help Boost\u003cbr\u003e                   Employment Creation    \u003cbr\u003e            •     Public Employment Programme for the\u003cbr\u003e                  Unorganised Workers: The Case of NREGA    \u003cbr\u003e            •     The Performance    \u003cbr\u003e            •     Success Stories    \u003cbr\u003e            •     Policy Agenda    \u003cbr\u003e            •     Employment Perspective    \u003cbr\u003e            •     Skill Development: The Challenge    \u003c\/p\u003e\n\u003cp\u003e16.  Labour and Employment in Fast Growing\u003cbr\u003e        India: Issues of Employment and Inclusiveness      \u003cbr\u003e        \u003cstrong\u003eT.S. Papola and Alakh N. Sharma\u003c\/strong\u003e\u003cbr\u003e            •     Introduction    \u003cbr\u003e            •     Some Characteristics of the Indian Labour Market    \u003cbr\u003e            •     Trend and Pattern of Employment Growth    \u003cbr\u003e            •     Impact of Global Financial 2008 Crisis on\u003cbr\u003e                   Indian Labour Market and Employment    \u003cbr\u003e            •     Quality of Employment and Disparities    \u003cbr\u003e            •     Increasing Labour Flexibility and Erosion\u003cbr\u003e                  of Labour Rights    \u003cbr\u003e            •     Conclusion and Policy Agenda    \u003c\/p\u003e\n\u003cp\u003e17.  Counting the Poor: Measurement and Other Issues        \u003cbr\u003e      \u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003e C. Rangarajan and S. Mahendra Dev\u003c\/strong\u003e\u003cbr\u003e            •     Clarifications on Issues    \u003cbr\u003e            •     What is New?    \u003cbr\u003e            •     Use of Calories    \u003cbr\u003e            •     Multidimensional Poverty    \u003cbr\u003e            •     Higher Urban Poverty    \u003cbr\u003e            •     NAS-NSS Consumption Differences    \u003cbr\u003e            •     Poverty Measures in Other Countries    \u003cbr\u003e            •     Public Expenditure and Poverty    \u003cbr\u003e            •     Poverty Ratio for Eligibility under Programmes    \u003cbr\u003e18.  Inequities in Access to Health Services\u003cbr\u003e        in India Caste, Class and Region        \u003cbr\u003e      \u003cstrong\u003e\u003cspan\u003e \u003c\/span\u003e Rama Baru, Arnab Acharya, Sanghmitra Acharya,\u003cbr\u003e        A.K. Shiva Kumar and K. Nagaraj\u003c\/strong\u003e\u003cbr\u003e            •     Determinants of Health Inequities    \u003cbr\u003e            •     Features of Health Service Provisioning    \u003cbr\u003e            •     Inequities in Access to Health Services    \u003cbr\u003e            •     Factors Affecting Equity in Access to\u003cbr\u003e                   Health Services    \u003cbr\u003e            •     Equity Enhancing Initiatives    \u003cbr\u003e            •     The Way Forward    \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSECTION V\u003c\/strong\u003e\u003cbr\u003eCOMPARATIVE PICTURE OF INDIAN ECONOMY\u003cbr\u003e19.  China and India: Idiosyncratic Paths to High Growth  \u003cbr\u003e      \u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003e Kaushik Basu\u003c\/strong\u003e\u003cbr\u003e            •     Introduction    \u003cbr\u003e            •     Economic Growth: Core Factors    \u003cbr\u003e            •     The Asian Theatre    \u003cbr\u003e            •     China and India: What Were the Triggers?    \u003cbr\u003e            •     Notes on Markets and Interventions    \u003c\/p\u003e\n\u003cp\u003e20.  Indian Economy Today:\u003cbr\u003e        Overview and Comparative Perspective\u003cbr\u003e        \u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003cbr\u003e            •     Macroeconomic Management and Policy Reform\u003cbr\u003e            •     Outlook for Growth\u003cbr\u003e            •    Comparisons with the Non-African Poor \u003cbr\u003e            •     India’s Decline in South Asia \u003cbr\u003e            •     India Among the BRIC\u003cbr\u003e            •     Conclusion    \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ctable width=\"100%\" style=\"width: 100%; height: 78.3752px;\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e2016\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e578\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332703742\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila (Ed.)","offers":[{"title":"ENG- English \/ Research \/ Paperback","offer_id":51141006721345,"sku":null,"price":695.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/IndianEconomy2020-2021_front.png?v=1766039905"},{"product_id":"present-day-china-a-net-assessment-copy-6","title":"Indian Economy (20th Edition)","description":"\u003ch2\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e\n\u003c\/h2\u003e\n\u003cdiv id=\"display\"\u003e\n\u003cdiv id=\"yourdiv\"\u003e\n\u003cdiv id=\"display_right\"\u003e\n\u003cdiv class=\"pad10 overflow\" id=\"rt_products\"\u003e\n\u003ch1 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Book\u003c\/span\u003e\u003c\/h1\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eHERE’s the new, 20th Edition of the widely accepted textbook on Indian Economy for undergraduate students (BA \/BCom\/Hons) incorporating the latest recommended readings. The book provides a comprehensive coverage of Indian economy under five sections:\u003c\/div\u003e\n\u003cdiv\u003eI.\u003cspan\u003e \u003c\/span\u003ebasic issues in economic development: institutional framework and policy regimes;\u003c\/div\u003e\n\u003cdiv\u003eII.\u003cspan\u003e \u003c\/span\u003egrowth and distributional issues: poverty, inequality and employment;\u003c\/div\u003e\n\u003cdiv\u003eIII.\u003cspan\u003e \u003c\/span\u003ecurrent perspectives in Indian agriculture: growth, productivity, constraints and pricing;\u003c\/div\u003e\n\u003cdiv\u003eIV.\u003cspan\u003e \u003c\/span\u003eindustry and services sector;\u003c\/div\u003e\n\u003cdiv\u003eV.\u003cspan\u003e \u003c\/span\u003efinancial sector and the external sector.\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eThe author Dr. Uma Kapila has specially designed this book based on the latest original readings recommended for the undergraduate courses, some of these being available in her edited books: Indian Economy Since Independence, 30th Edition (2019-20), Indian Economy-II: Macroeconomic Policies, Sectoral Developments and Performance (2019 Edition) and Indian Economy: Economic Development and Policy (2018-19 Edition).\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eIn the present volume, author has made an effort to keep the language simple without compromising the effectiveness of the argument or diluting the analyses. The book also carries a comprehensive Glossary. \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eApart from undergraduate students, the book is widely used by students preparing for the IAS and other competitive examinations.\u003c\/div\u003e\n\u003cdiv\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003e\u003cstrong\u003eDr. Uma Kapila,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eauthor\/editor of several books on Indian economy, retired as Reader, Department of Economics, Miranda House, University of Delhi. She has taught Indian economy to undergraduate students for more than 42 years. Currently, she is Editorial Director, Academic Foundation.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"glossymenu\"\u003eContents in Detail\u003c\/h2\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cp\u003ePreface\u003c\/p\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection - I \u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eEconomic Development in\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003ePost-Independent India\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eBasic Issues in Economic Development\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e1.\u003cspan\u003e \u003c\/span\u003eEconomic Development and Under Development\u003c\/div\u003e\n\u003cdiv\u003e   \u003c\/div\u003e\n\u003cdiv\u003e2.\u003cspan\u003e \u003c\/span\u003eHuman Development\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e3.\u003cspan\u003e \u003c\/span\u003eIndia’s Economy at Independence\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eGrowth, Institutional Framework and\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003ePolicy Regime\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e4.\u003cspan\u003e \u003c\/span\u003eEconomic Planning: Evolution and Strategy\u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e   \u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e5.\u003cspan\u003e \u003c\/span\u003eEconomic Reforms and Liberalisation\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e6.\u003cspan\u003e \u003c\/span\u003eDemography and Development\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e7.\u003cspan\u003e \u003c\/span\u003eLand Reforms\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e8.\u003cspan\u003e \u003c\/span\u003eGrowth and Structural Changes since 1951\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection- II \u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eGrowth and Distribution\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e9.\u003cspan\u003e \u003c\/span\u003ePoverty in India\u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e10.\u003cspan\u003e \u003c\/span\u003eUnemployment and Employment Perspective\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e11.\u003cspan\u003e \u003c\/span\u003eEconomic Inequality in India.\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection- III\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eCurrent Perspectives in Agriculture\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e12.\u003cspan\u003e \u003c\/span\u003eAgriculture: Role and Growth Performance\u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e      \u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e13.\u003cspan\u003e \u003c\/span\u003eAgricultural Price Policy, Food Management\u003c\/div\u003e\n\u003cdiv\u003e     and Food Security\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection- IV\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eCurrent Perspectives in Industry and Services\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e14.\u003cspan\u003e \u003c\/span\u003eIndustrial Policy\u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e  \u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e15.\u003cspan\u003e \u003c\/span\u003eIndustrial Growth and Structure since 1951\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e16.\u003cspan\u003e \u003c\/span\u003eMicro, Small and Medium Enterprises (MSEs)\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e17.\u003cspan\u003e \u003c\/span\u003ePublic Sector in the Indian Economy\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e18.\u003cspan\u003e \u003c\/span\u003eServices in the Indian Growth Process\u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e   \u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e19.\u003cspan\u003e \u003c\/span\u003eForeign Direct Investment\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection- V\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eFinancial Sector and External Sector \u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eFinancial Sector\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003e20.\u003cspan\u003e \u003c\/span\u003eThe Financial Sector: Structure,\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003e      Performance and Reforms\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e \u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eExternal Sector\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e21.\u003cspan\u003e \u003c\/span\u003eForeign Trade and Trade Policy\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e22.\u003cspan\u003e \u003c\/span\u003eBalance of Payments.\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e23.\u003cspan\u003e \u003c\/span\u003eIndia and the WTO \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e24.\u003cspan\u003e \u003c\/span\u003eIndian Economy Today:\u003c\/div\u003e\n\u003cdiv\u003e     An Overview and Comparative Perspective\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eGlossary\u003c\/div\u003e\n\u003cdiv\u003eSelect Bibliography\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003ctable style=\"width: 100%; height: 78.3752px;\" width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e2019\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e582\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332705180\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila","offers":[{"title":"Paperback \/ ENG- English \/ Economics","offer_id":51141268767041,"sku":null,"price":745.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/Indianeconomy20thEdition_front.png?v=1766050961"},{"product_id":"the-long-view-from-delhi-to-define-the-indian-grand-strategy-for-foriegn-policy-copy","title":"A text on mathematical economics","description":"\u003cdiv\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e\n\u003c\/div\u003e\n\u003cdiv id=\"display\"\u003e\n\u003cdiv id=\"yourdiv\"\u003e\n\u003cdiv id=\"display_right\"\u003e\n\u003cdiv class=\"pad10 overflow\" id=\"rt_products\"\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003eMathematics has been an indispensable tool in economic analysis. Generally, most of the students are found to have what is called mathematics phobia. For them, studying mathematical methods is somewhat unpleasant and a taxing experience. Such an attitude, the authors feel (from their experience of teaching honours students), arises out of the students’ inability to derive maximum benefit from a book due to complex presentation of its text. Even in cases where presentation is simple, the lack of many solved examples minimizes the students’ efficiency to grasp the concepts. An ideal way out of this would be to explain various concepts with the help of solved examples. In specially designing this textbook, the authors have made a sincere effort to incorporate the above methodology by presenting a variety of problems, after explaining every concept. These problems elucidate the concepts and their applications. Throughout the book, emphasis is given on applications rather than pure mathematical techniques. The book aims at familiarizing the reader with some basic mathematical tools needed in economic analysis. Every concept in the book has been dealt with very patiently. The mathematics presented is easily accessible. However, this has not been done at the expense of rigour. The book contains more than 300 problems with solutions to give the reader sufficient practice and confidence.\u003cbr\u003eThe book has been divided into five parts. Part I contains the notion of sets, sequences, functions and analytical geometry with applications. Part II is concerned with differential calculus with one independent variable. Limits and continuity, meaning of derivatives and applications of derivatives are discussed here.\u003cbr\u003ePart III deals with logarithmic and exponential functions. Part IV extends differentiation to multivariate functions. In this connection, partial derivatives, differentials and optimization – unconstrained as well as constrained – are explained. Part V covers matrices and their application to linear models, in addition to what is discussed in Part I. This volume is intended to serve as a useful reference book for honours courses in economics and masters courses in mathematical economics in the Indian universities.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003ePraise for this book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp data-end=\"2975\" data-start=\"2625\"\u003e\u003cstrong data-end=\"2644\" data-start=\"2625\"\u003ePawas Prabhakar\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eis on the faculty of Economics, Shri Ram College of Commerce, University of Delhi. He completed his post-graduate economics from Delhi School of Economics, specialising in Game Theory and Industrial Economics. He has also been a guest lecturer at the Institute of Economic Growth, Delhi, on quantitative techniques in Economics.\u003c\/p\u003e\n\u003cp data-end=\"2975\" data-start=\"2625\"\u003e\u003cstrong data-end=\"2995\" data-start=\"2977\"\u003eAlka Budhiraja\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eis a senior lecturer in the Department of Business Economics, Miranda House, University of Delhi. She is a post-graduate in Economics from Delhi School of Economics, with a specialization in Econometrics. She has teaching experience of fourteen years of which twelve years have been exclusively devoted to Mathematical Economics at the undergraduate level.\u003c\/p\u003e\n\u003cp data-end=\"2975\" data-start=\"2625\"\u003e \u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp data-end=\"2975\" data-start=\"2625\"\u003e\u003cstrong data-end=\"2644\" data-start=\"2625\"\u003ePawas Prabhakar\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eis on the faculty of Economics, Shri Ram College of Commerce, University of Delhi. He completed his post-graduate economics from Delhi School of Economics, specialising in Game Theory and Industrial Economics. He has also been a guest lecturer at the Institute of Economic Growth, Delhi, on quantitative techniques in Economics.\u003c\/p\u003e\n\u003cp data-end=\"3354\" data-start=\"2977\"\u003e\u003cstrong data-end=\"2995\" data-start=\"2977\"\u003eAlka Budhiraja\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eis a senior lecturer in the Department of Business Economics, Miranda House, University of Delhi. She is a post-graduate in Economics from Delhi School of Economics, with a specialization in Econometrics. She has teaching experience of fourteen years of which twelve years have been exclusively devoted to Mathematical Economics at the undergraduate level.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ctable style=\"width: 100%; height: 78.3752px;\" width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e1995\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e302\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e8171881017\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Pawas Prabhakar‚ Alka Budhiraja","offers":[{"title":"Hardcover \/ ENG- English \/ Economics","offer_id":51195297268033,"sku":null,"price":990.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/AtextonMathematical_front.png?v=1767611870"},{"product_id":"energising-rural-development-through-panchayats-copy-1","title":"Indian Economy Performance and Policies","description":"\u003cdiv\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e\n\u003c\/div\u003e\n\u003cdiv id=\"display\"\u003e\n\u003cdiv id=\"yourdiv\"\u003e\n\u003cdiv id=\"display_right\"\u003e\n\u003cdiv class=\"pad10 overflow\" id=\"rt_products\"\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp data-start=\"338\" data-end=\"513\"\u003eHere’s the new,\u003cspan\u003e \u003c\/span\u003e\u003cstrong data-start=\"354\" data-end=\"370\"\u003e21st Edition\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eof the widely accepted textbook on\u003cspan\u003e \u003c\/span\u003e\u003cem data-start=\"406\" data-end=\"422\"\u003eIndian Economy\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003efor undergraduate students (BA\/BCom\/Hons) incorporating the latest recommended readings.\u003c\/p\u003e\n\u003cp data-start=\"515\" data-end=\"597\"\u003eThe book provides a comprehensive coverage of Indian economy under six sections:\u003c\/p\u003e\n\u003col data-start=\"599\" data-end=\"1088\"\u003e\n\u003cli data-start=\"599\" data-end=\"689\"\u003e\n\u003cp data-start=\"602\" data-end=\"689\"\u003e\u003cstrong data-start=\"602\" data-end=\"643\"\u003eBasic issues in economic development:\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003einstitutional framework and policy regimes.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"690\" data-end=\"768\"\u003e\n\u003cp data-start=\"693\" data-end=\"768\"\u003e\u003cstrong data-start=\"693\" data-end=\"730\"\u003eGrowth and distributional issues:\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003epoverty, inequality and employment.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"769\" data-end=\"868\"\u003e\n\u003cp data-start=\"772\" data-end=\"868\"\u003e\u003cstrong data-start=\"772\" data-end=\"819\"\u003eCurrent perspectives in Indian agriculture:\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003egrowth, productivity, constraints and pricing.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"869\" data-end=\"906\"\u003e\n\u003cp data-start=\"872\" data-end=\"906\"\u003e\u003cstrong data-start=\"872\" data-end=\"904\"\u003eIndustry and service sector.\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"907\" data-end=\"953\"\u003e\n\u003cp data-start=\"910\" data-end=\"953\"\u003e\u003cstrong data-start=\"910\" data-end=\"951\"\u003eFinancial sector and external sector.\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/li\u003e\n\u003cli data-start=\"954\" data-end=\"1088\"\u003e\n\u003cp data-start=\"957\" data-end=\"1088\"\u003e\u003cstrong data-start=\"957\" data-end=\"982\"\u003eIndian economy today:\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003ean overview and comparative perspective including Covid-19 and its impact on global and Indian economy.\u003c\/p\u003e\n\u003c\/li\u003e\n\u003c\/ol\u003e\n\u003cp data-start=\"1090\" data-end=\"1510\"\u003eThe author Dr. Uma Kapila has specially designed this book based on the latest original readings recommended for undergraduate courses, some of these being available in her edited books:\u003cspan\u003e \u003c\/span\u003e\u003cem data-start=\"1277\" data-end=\"1336\"\u003eIndian Economy Since Independence, 31st Edition (2020–21)\u003c\/em\u003e,\u003cspan\u003e \u003c\/span\u003e\u003cem data-start=\"1338\" data-end=\"1435\"\u003eIndian Economy-II: Macroeconomic Policies, Sectoral Developments and Performance (2019 Edition)\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003eand\u003cspan\u003e \u003c\/span\u003e\u003cem data-start=\"1440\" data-end=\"1508\"\u003eIndian Economy: Economic Development and Policy (2018–19 Edition).\u003c\/em\u003e\u003c\/p\u003e\n\u003cp data-start=\"1512\" data-end=\"1743\"\u003eIn the present volume, author has made an effort to keep the language simple without compromising the effectiveness of the argument or diluting the analyses. The book also carries a comprehensive glossary and select bibliography.\u003c\/p\u003e\n\u003cp data-start=\"1745\" data-end=\"1875\"\u003eApart from undergraduate students, the book is widely used by students preparing for the IAS and other competitive examinations.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003e\u003cstrong data-start=\"1901\" data-end=\"1919\"\u003eDr. Uma Kapila\u003c\/strong\u003e, author\/editor of several books on Indian economy, retired as Reader, Department of Economics, Miranda House, University of Delhi. She has taught Indian economy to undergraduate students for more than 42 years. Currently, she is\u003cspan\u003e \u003c\/span\u003e\u003cstrong data-start=\"2149\" data-end=\"2192\"\u003eEditorial Director, Academic Foundation\u003c\/strong\u003e.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ctable style=\"width: 100%; height: 78.3752px;\" width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e2020\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e602\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332705456\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila","offers":[{"title":"Paperback \/ ENG- English \/ Economics","offer_id":51195308900673,"sku":null,"price":695.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/Indianeconomy21st_fgront.png?v=1767613390"},{"product_id":"development-narratives-copy","title":"Indian Economy : Performance and Policy","description":"\u003cdiv id=\"display\"\u003e\n\u003cdiv id=\"yourdiv\"\u003e\n\u003cdiv id=\"display_right\"\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003eHERE's the new, 2013-14 Edition of the widely accepted textbook (Indian economy paper) for Semester IV, B.Com (Hons.) Delhi University.\u003c\/p\u003e\n\u003cp\u003eThe book is based on the new guidelines (restructured course), incorporating the latest reading list issued by the department, for the academic year 2013-14.\u003cbr\u003eThe book provides a comprehensive coverage of Indian economy under 5 sections:\u003cbr\u003e     I  Basic Issues in Economic Development\u003cbr\u003e     II Indian Economy at Independence\u003cbr\u003e     III Policy Regimes\u003cbr\u003e     IV Growth, Development and Structural Change\u003cbr\u003e     V Sectoral Trends and Issues\u003cbr\u003eThe author Dr. Uma Kapila has specially designed this book based on the original readings recommended for the new course, many of these being available in her edited books: ‘Indian Economy Since Independence’, 24th Edition 2013-14 and ‘Two Decades of Economic Reforms’, 2012.\u003cbr\u003eIn the present volume, the author has made an effort to keep the language simple without compromising the effectiveness of the argument or diluting the analyses.\u003cbr\u003eAdditionally, inclusion of important questions and a ‘Glossary' make the book an ‘ideal’ text in its category. Not surprising, the book is also being widely used by students who prepare for IAS and other competitive examinations.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cspan class=\"morecontent\"\u003e\u003cspan\u003e\u003c\/span\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"more\"\u003e\n\u003cspan class=\"morecontent\"\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h2\u003e\n\u003ch2 class=\"more\"\u003eContents in Detail\u003c\/h2\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003ca class=\"menuitem submenuheader\" href=\"http:\/\/academicfoundation.org\/#\"\u003e\u003cspan class=\"accordsuffix\"\u003e\u003c\/span\u003e\u003c\/a\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cp\u003e\u003cem\u003ePreface\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSection - I\u003cbr\u003eBasic Issues in Economic Development\u003c\/strong\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 1. Economic Development and\u003cbr\u003e     Under Development\u003c\/strong\u003e\u003cbr\u003e – Introduction\u003cbr\u003e – What Does Development Mean\u003cbr\u003e – Economic Growth and Economic Development\u003cbr\u003e – The New View of Economic Development\u003cbr\u003e   • Development as a Multi-dimensional Process\u003cbr\u003e   • Three Core Values of Development\u003cbr\u003e – Development, Freedom and Opportunities\u003cbr\u003e – The Three Objectives of Development\u003cbr\u003e – The Millennium Development Goals\u003cbr\u003e – Developed and Underdeveloped Countries\u003cbr\u003e – Defining the Developing World\u003cbr\u003e – Characteristics of the Developing World:\u003cbr\u003e    Diversity within Commonality\u003cbr\u003e   • Lower Levels of Living and Productivity\u003cbr\u003e   • Lower Levels of Human Capital\u003cbr\u003e   • High Rate of Population Growth and Dependency Burden\u003cbr\u003e   • Higher Levels of Inequality and Absolute Poverty\u003cbr\u003e   • Greater Social Fractionalisation\u003cbr\u003e   • Larger Rural Populations but Rapid Rural-to-Urban Migration\u003cbr\u003e   • Substantial Dependence on Agricultural Production and Lower\u003cbr\u003e     \u003cspan\u003eLevels of Industrialisation and Manufactured Exports\u003cbr\u003e  \u003c\/span\u003e\u003cspan\u003e • Underdeveloped Financial and Other Markets\u003cbr\u003e   \u003c\/span\u003e\u003cspan\u003e• Lingering Colonial Impacts\u003cbr\u003e   \u003c\/span\u003e\u003cspan\u003e• External Dependence\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e – Nature of Indian Economy\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 2. Human Development\u003c\/strong\u003e\u003cbr\u003e – Human Development\u003cbr\u003e   • Human Development Index\u003cbr\u003e – A Changing World, A More Global South\u003cbr\u003e   • Are there Limits to Human Development?\u003cbr\u003e   • Sustainability, Equity and Human Development\u003cbr\u003e    – What Makes Development Unsustainable?\u003cbr\u003e – The Current State of Human Development\u003cbr\u003e – State of Human Development in India\u003cbr\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSection - II\u003cbr\u003eBasic Features of Indian Economy at Independence\u003c\/strong\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 3. India’s Economy at Independence.\u003c\/strong\u003e\u003cbr\u003e – Introduction\u003cbr\u003e – The Relative Importance of Various Industrial Activities\u003cbr\u003e   • Composition of National Income\u003cbr\u003e   • The Working Force\u003cbr\u003e – The Agrarian Scene\u003cbr\u003e   • Stagnating Agriculture\u003cbr\u003e   • Causes\u003cbr\u003e    – Regressive Organic Structure\u003cbr\u003e    – Internal Drain of Capital\u003cbr\u003e    – Poor Technology\u003cbr\u003e – India’s Industrial Production and Its Structure\u003cbr\u003e   • India’s Industrial Resources\u003cbr\u003e   • The Decline of Traditional Industry and the\u003cbr\u003e      Development of Modern Industry\u003cbr\u003e – Some Positive Features\u003cbr\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSection - III\u003cbr\u003ePolicy Regimes\u003c\/strong\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 4. Economic Planning: Evolution and Strategy.\u003c\/strong\u003e\u003cbr\u003e – Evolution of Planning\u003cbr\u003e – Role of the State as Visualised in the Fifties\u003cbr\u003e – Early Experience with Five Year Plans\u003cbr\u003e – Changing Perceptions\u003cbr\u003e – Role of Planning in a Market Economy\u003cbr\u003e – Redefining the Role of State\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 5. Economic Reform.\u003c\/strong\u003e\u003cbr\u003e – Debate on Liberalisation\u003cbr\u003e – The Background\u003cbr\u003e – The Macroeconomic Crisis\u003cbr\u003e – Rationale for the Reforms\u003cbr\u003e – Macroeconomic Reforms\u003cbr\u003e   • Structural Reforms\u003cbr\u003e    –  Implementation of the Agenda\u003cbr\u003e     ¡ Industrial Policy Reforms\u003cbr\u003e     ¡ Trade Policy Reforms\u003cbr\u003e     ¡ Removal of QRs\u003cbr\u003e     ¡ Exchange Rate Reforms\u003cbr\u003e     ¡ Capital Markets\u003cbr\u003e     ¡ Financial Sector\u003cbr\u003e – Economic Progress Post-1991\u003cbr\u003e   • Fiscal Adjustment and Stabilisation\u003cbr\u003e – Impact of Economic Reforms on the Vulnerable Sections\u003cbr\u003e – Conclusion\u003cbr\u003e – The Next Round of Reforms\u003cbr\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSection - IV\u003cbr\u003eGrowth, Development and Structural Change\u003c\/strong\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 6. Growth and Structural Changes since 1951.\u003c\/strong\u003e\u003cbr\u003e – Periodisation of Indian Growth Experience\u003cbr\u003e – India's Growth Turnaround\u003cbr\u003e   • 2003-2008 The Best Phase in Growth\u003cbr\u003e   • Recent Deceleration since 2011\u003cbr\u003e – Investment\u003cbr\u003e – Growth Prospects\u003cbr\u003e   • Risk Factors and Constraints\u003cbr\u003e – Performance on Inclusiveness\u003cbr\u003e   • Multidimensionality of Inclusion\u003cbr\u003e – The Need for Faster Growth\u003cbr\u003e – International Comparisons\u003cbr\u003e – Growth and Structural Change\u003cbr\u003e   • Share of Services in GDP\u003cbr\u003e   • What are the Factors behind the Dynamism of\u003cbr\u003e     the Services Sector in India\u003cbr\u003e – Inter-Regional Disparities in Growth and Development\u003cbr\u003e – The Way Ahead\u003cbr\u003e – Growth Prospect: An Assessment\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 7. Land Reforms.\u003c\/strong\u003e\u003cbr\u003e – Objective of Land Reforms\u003cbr\u003e – Effects of Land Reforms on Productivity and Poverty\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003e 8. Unemployment and Employment\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePerspective.\u003c\/strong\u003e\u003cbr\u003e – Concepts and Measurement\u003cbr\u003e   • Labour Force and Workforce Participation Rates\u003cbr\u003e – Some Characteristics of the Indian Labour Market\u003cbr\u003e – Trend and Pattern of Employment Growth\u003cbr\u003e   • Growth in Employment, GDP and Employment Elasticity\u003cbr\u003e   • Organised Versus Unorganised Sector Employment\u003cbr\u003e   • Sectoral Employment Shares\u003cbr\u003e – Quality of Employment and Disparities\u003cbr\u003e – Weaknesses in Past Performance\u003cbr\u003e – Employment and Labour Policy\u003cbr\u003e – Indian Labour Laws and Labour Markets\u003cbr\u003e – Public Employment Programme for the\u003cbr\u003e    Unorganised Workers: The Case of NREGA\u003cbr\u003e   • An Overview of the Scheme\u003cbr\u003e   • The Performance\u003cbr\u003e   • Success Stories\u003cbr\u003e   • Remaining Gaps\u003cbr\u003e – Employment Perspective\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 9. Poverty in India.\u003c\/strong\u003e\u003cbr\u003e – Magnitude and Determinants\u003cbr\u003e   • The Selection of Poverty Lines\u003cbr\u003e – Multidimensional Poverty Index\u003cbr\u003e – Reduction in Poverty\u003cbr\u003e – Comparison of India and China in Terms\u003cbr\u003e   of Poverty Reduction\u003cbr\u003e   • Causes of Poverty\u003cbr\u003e   • Growth and Poverty Reduction\u003cbr\u003e   • Growth and Inequality\u003cbr\u003e   • Growth, Employment and Poverty\u003cbr\u003e   • Growth Pattern and Poverty\u003cbr\u003e – Poverty and Inclusive Growth\u003cbr\u003e   • Non-income Poverty Dimensions\u003cbr\u003e – Poverty Alleviation Programmes\u003cbr\u003e   • Programme for Socially Disadvantaged\u003cbr\u003e   • Land Reforms\u003cbr\u003e   • Public Distribution System\u003cbr\u003e   • Public Investment in Human Capital and Public Goods\u003cbr\u003e   • A Stronger Welfare System and Improved Social\u003cbr\u003e    Service Provision are Needed\u003cbr\u003e – Concluding Remarks\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 10. Demographic Constraint: Population\u003cbr\u003e     Change and Economic Development.\u003c\/strong\u003e\u003cbr\u003e – Economic Development and Population Growth\u003cbr\u003e   • The Theory of Demographic Transition\u003cbr\u003e   • The Microeconomic Theory of Fertility\u003cbr\u003e   • How does Population Growth Affect Economic Development\u003cbr\u003e – India’s Demographic Transition\u003cbr\u003e   • Causes of High Birth Rate\u003cbr\u003e    – Social Factors\u003cbr\u003e    –  Economic Factors\u003cbr\u003e     ¡ Poverty\u003cbr\u003e     ¡ Lack of Social Security\u003cbr\u003e     ¡ Illiteracy, Ignorance and Belief in Fate\u003cbr\u003e     ¡ Ineffective Family Planning\u003cbr\u003e   • Fertility Rate\u003cbr\u003e   • Causes of Decline in Death Rate\u003cbr\u003e    – Control of Epidemics\u003cbr\u003e    – Control of Famines\u003cbr\u003e    – Improved Medical Facilities\u003cbr\u003e    – Spread of Maternity Homes\u003cbr\u003e    – Impact of Economic Development\u003cbr\u003e – Measures to Reduce Birth Rate\u003cbr\u003e – Concerns about Population Growth\u003cbr\u003e – Gender Equity and the Demographic Transition\u003cbr\u003e – Population Policy since 1947\u003cbr\u003e – National Population Policy, 2000\u003cbr\u003e   • Objectives of National Population Policy\u003cbr\u003e – The Experience of Kerala and Tamil Nadu\u003cbr\u003e – Enabling Factors\u003cbr\u003e – India's Demographic Dividend\u003cbr\u003e   • 'Window of Opportunity' for India\u003cbr\u003e   • Estimated Demographic Bonus for India\u003cbr\u003e   • India's Response to 'Window of Opportunity'\u003cbr\u003e – The Future\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003eSection- V\u003cbr\u003eSectoral Trends and Issues\u003c\/strong\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eV.1. Agriculture:\u003cbr\u003e 11. Agriculture: Role and Growth Performance.\u003c\/strong\u003e\u003cbr\u003e – Importance of Agriculture in National Economy\u003cbr\u003e   • Linkage between Agriculture and Other Sectors\u003cbr\u003e – Agricultural Growth\u003cbr\u003e   • Role of Institutional and Technological Factors in\u003cbr\u003e    Agriculture Growth\u003cbr\u003e   • The New Technology\u003cbr\u003e    – Characteristics of New Technology\u003cbr\u003e     ¡ Better Agricultural Practices\u003cbr\u003e    – Economic Aspects of New Technology\u003cbr\u003e – Green Revolution\u003cbr\u003e   • Three Phases of  Green Revolution\u003cbr\u003e     –  The First Phase, 1966-1972\u003cbr\u003e     –  Debacle and the Second Phase, 1973-1980\u003cbr\u003e     –  The Third Phase, 1981-1990\u003cbr\u003e – Reform Period, 1991 to the Present\u003cbr\u003e – Deceleration in Agriculture Growth\u003cbr\u003e – Performance of the Agriculture Sector during the\u003cbr\u003e   Eleventh Five Year Plan (2007-2012)\u003cbr\u003e – Instability in Ouput\u003cbr\u003e – Regional Disparities and Intra-Personal Disparities\u003cbr\u003e – New Technology and Environmental Degradation\u003cbr\u003e – Major Factors Affecting the Growth Potential\u003cbr\u003e   • Lack of Long Term Policy Perspective\u003cbr\u003e   • Investment in Agriculture and Subsidies\u003cbr\u003e   • Lagging Research and Development Efforts\u003cbr\u003e   • Technology Generation and Dissemination\u003cbr\u003e   • Rising Soil Degradation and Over-exploitation of Ground Water\u003cbr\u003e   • Degradation of Natural Resources\u003cbr\u003e – Rural Distress in Post-Reform India\u003cbr\u003e – National Policy for Farmers, 2007\u003cbr\u003e – High Value Commodities: The Future Sources of\u003cbr\u003e    Growth in Agriculture\u003cbr\u003e   • Potential of Secondary Agriculture\u003cbr\u003e – Reforming the Three 'I's: Investments, Incentives, and Institutions\u003cbr\u003e   • Reforming Incentives\u003cbr\u003e    – Price and Marketing Policy\u003cbr\u003e   • Reforming Institutions\u003cbr\u003e    – Marketing and Warehouse Facilities\u003cbr\u003e    – Reforming Land and Credit Markets\u003cbr\u003e – Challenges and Outlook\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 12. Agricultural Price Policy, Food Management\u003cbr\u003e     and Food Security.\u003c\/strong\u003e\u003cbr\u003e – Agricultural Price Policy\u003cbr\u003e – Food Management\u003cbr\u003e   • Food Procurement Policy\u003cbr\u003e   • Price and Distribution Controls in the Food Grain Market\u003cbr\u003e   • Public Distribution System (PDS)\u003cbr\u003e   • Food Subsidy\u003cbr\u003e   • Buffer Stock\u003cbr\u003e – Recent Policy Initiatives\u003cbr\u003e – Food Security and Future Sources of Growth in Agriculture\u003cbr\u003e – Pre-Green Revolution\u003cbr\u003e – Green Revolution\u003cbr\u003e – Post-Reform Revolution\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eV.2. Industry and Services:\u003cbr\u003e 13. Industrial Policy.\u003c\/strong\u003e\u003cbr\u003e – The Industrial Scene at Independence\u003cbr\u003e – Industrial Control Regime 1950s to 1970s\u003cbr\u003e – Performance of the Industrial Licensing System\u003cbr\u003e – Industrial Policy Reforms 1980s\u003cbr\u003e – The Policy Regime in the 1990s\u003cbr\u003e – New Economic Policy 1991\u003cbr\u003e   • Opening up to Foreign Investment\u003cbr\u003e   • Public Sector Reforms and Privatisation\u003cbr\u003e – Industrial Policy: Recent Policy Initiatives\u003cbr\u003e – Industrial Policy Eleventh Plan\u003cbr\u003e – Industrial Policy Objectives for the Twelfth Plan\u003cbr\u003e   and Beyond\u003cbr\u003e   • The Architecture of a Strategy to Accelerate\u003cbr\u003e     Growth of Manufacturing\u003cbr\u003e   • Three Components of India’s Manufacturing\u003cbr\u003e     Strategy and Plan\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 14. Industrial Growth since 1951\u003c\/strong\u003e\u003cbr\u003e – Industrial Growth\u003cbr\u003e   • Phases of Industrial Growth\u003cbr\u003e   • The Pre-Reform Regime\u003cbr\u003e   • Industrial Growth in the 90s\u003cbr\u003e   • Comparative Growth Rates in the 80s and the 90s\u003cbr\u003e    – Relative Contribution of Sectors to Total Production\u003cbr\u003e    – The Manufacturing Slowdown (1996-2002)\u003cbr\u003e   • Factors Causing the Slowdown: Some Hypotheses\u003cbr\u003e    – Infrastructure Constraints in the Industrial Sector\u003cbr\u003e – Recovery in Industrial Growth since 2002-03\u003cbr\u003e   • Recent Industrial Growth\u003cbr\u003e – Index of Industrial Production (IIP)\u003cbr\u003e – Why has Growth Moderated since 2011-12?\u003cbr\u003e   • Investment in the Industrial Sector\u003cbr\u003e   • Credit Flow to the Industrial Sector\u003cbr\u003e – Why did Manufacturing Sector's Share in Total\u003cbr\u003e   Employment Stagnate\u003cbr\u003e – Other Aspects of Industrial Change\u003cbr\u003e – Why did the Reforms Fail to Deliver the Expected Results?\u003cbr\u003e – India's Unique Pattern of Development\u003cbr\u003e   • Labour Market Regidity Hypothesis\u003cbr\u003e   • Infrastructure Bottlenecks\u003cbr\u003e   • The Cost of Doing Business\u003cbr\u003e – What Should be Done Now?\u003cbr\u003e   • Balanced Growth\u003cbr\u003e   • Integrating into Global Networks\u003cbr\u003e   • Improving Physical Infrastructure\u003cbr\u003e – National Manufacturing Policy (NMP) Nov. 2011\u003cbr\u003e – Conclusions\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 15. Micro, Small and Medium Enterprises (MSEs)\u003c\/strong\u003e\u003cbr\u003e – Role of SMEs in Global Economy: International Scenario\u003cbr\u003e – Defining MSEs—MSMED Act, 2006\u003cbr\u003e – Role of MSEs in Indian Economy\u003cbr\u003e   • To Generate Large-Scale Employment\u003cbr\u003e   • To Sustain Economic Growth and Increase Exports\u003cbr\u003e   • For Making Growth Inclusive\u003cbr\u003e – Globalisation and Small Industry Performance\u003cbr\u003e   • Infrastructure\u003cbr\u003e    – Economic\u003cbr\u003e    – Technological\u003cbr\u003e    – Financial\u003cbr\u003e   • Marketing\u003cbr\u003e – Future Prospects of Small Industry\u003cbr\u003e – New Initiatives\u003cbr\u003e – Summary and Conclusions\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 16. Public Sector in the Indian Economy\u003c\/strong\u003e\u003cbr\u003e – The Rationale\u003cbr\u003e – Performance of Central Public Sector Undertakings\u003cbr\u003e   • Output and Capital Formation\u003cbr\u003e   • Fall in Public Sector Employment Growth\u003cbr\u003e   • Central PSEs’ Profitability\u003cbr\u003e    – Reasons and Implications\u003cbr\u003e – Public Sector and 1991 Industrial Policy\u003cbr\u003e   • Policies toward CPSEs and their Implementation\u003cbr\u003e – Privatisation\u003cbr\u003e   • Privatisation: Indian Experience since 1991\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 17. Services in the Indian Growth Process.\u003c\/strong\u003e\u003cbr\u003e – Importance of the Services Sector for India\u003cbr\u003e     Services GDP\u003cbr\u003e     Services Employment in India\u003cbr\u003e – Growth and Sectoral Shares, Cross Country Evidence\u003cbr\u003e   and Indian Experience\u003cbr\u003e     Services GDP: International Comparison\u003cbr\u003e     State-wise Comparison of Services\u003cbr\u003e – Important Services for India\u003cbr\u003e – Which Services have Grown Rapidly?\u003cbr\u003e – Factors Underlying the Services Growth\u003cbr\u003e – World Trade in Services Sector\u003cbr\u003e – India’s Services Trade\u003cbr\u003e     India’s Services Exports\u003cbr\u003e     India’s Services Imports\u003cbr\u003e     India’s Balance of Trade in Services\u003cbr\u003e     FDI in India's Service Sector\u003cbr\u003e – Liberalisation of Services in India\u003cbr\u003e     India and Trade Negotiations in Services\u003cbr\u003e     India Moving towards a Services-led Export Growth\u003cbr\u003e – Challenges and Outlook\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e18.  Foreign Direct Investment\u003c\/strong\u003e\u003cbr\u003e – Introduction\u003cbr\u003e – Role of FDI\u003cbr\u003e – FDI Policy: A Historical Perspective\u003cbr\u003e     First Phase 1950-1967\u003cbr\u003e     Second Phase 1967-1980\u003cbr\u003e     Third Phase 1980-1990\u003cbr\u003e     Fourth Phase–1991 Onwards\u003cbr\u003e – Trends in FDI Inflows\u003cbr\u003e     Investment Climate and Prospects for FDI Inflows\u003cbr\u003e – Quality of FDI Inflows\u003cbr\u003e     Sectoral Composition\u003cbr\u003e     Impact of FDI on Growth and Domestic Investment\u003cbr\u003e     FDI and Export-Platform Production\u003cbr\u003e – FPI Inflows and their Impact\u003cbr\u003e – India as an Emerging Source of FDI Outflows\u003cbr\u003e – Concluding Remarks and Policy Lessons\u003cbr\u003e     Policy Lessons\u003cbr\u003e     Changes in Sectoral Composition\u003cbr\u003e     Changes in the Sources of FDI\u003cbr\u003e     FDI Outlook\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eV.3. Financial Sector:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 19. The Financial Sector: Structure, Performance and Reforms.\u003c\/strong\u003e\u003cbr\u003e – Growing Importance of Finance in India\u003cbr\u003e – Financial Sector Development in India\u003cbr\u003e     Institutional Structure\u003cbr\u003e     Capital Markets\u003cbr\u003e     Money Markets\u003cbr\u003e     1991 and After: The Reform Years\u003cbr\u003e     Role of Competition\u003cbr\u003e     Capital Adequacy and Government Ownership in\u003cbr\u003e    the Banking Sector\u003cbr\u003e – Conclusion\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eV.4. External Sector:\u003cbr\u003e 20. Foreign Trade and Trade Policy.\u003c\/strong\u003e\u003cbr\u003e – Constraints Arising from Foreign Trade and\u003cbr\u003e    Import Substitution-based Policies\u003cbr\u003e – Exports and Imports: Broad Trends\u003cbr\u003e   • Exports\u003cbr\u003e    – Composition of India's Exports\u003cbr\u003e    – Direction of Exports\u003cbr\u003e    – Export Diversification\u003cbr\u003e   • Imports\u003cbr\u003e    – Composition of Imports\u003cbr\u003e – Direction of Trade\u003cbr\u003e – World Merchandise Trade: Global Recession\u003cbr\u003e   • Services Trade\u003cbr\u003e – Special Economic Zones (SEZs)\u003cbr\u003e – Challenges and Outlook\u003cbr\u003e – Appendix: Balance of Trade\u003cbr\u003e – Trade Policy: An Overview\u003cbr\u003e   • Import Substitution based Strategy\u003cbr\u003e    – Towards Efficient Import Substitution\u003cbr\u003e   • Trade Policy since 1991\u003cbr\u003e    – Outward Orientation Focusing on Export Promotion\u003cbr\u003e   • Recent Trade Policy Measures\u003cbr\u003e – Annual Supplement 2012-13 to the Foreign Trade Policy\u003cbr\u003e   2009-2014 (June 5, 2012)\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 21. Balance of Payments.\u003c\/strong\u003e\u003cbr\u003e – Concepts\u003cbr\u003e – India’s Balance of Payment Trends: 1950-51 to 2011-12\u003cbr\u003e   • First and Second Oil Shocks of 1973 and 1980\u003cbr\u003e   • External Payment Crisis of 1991\u003cbr\u003e    – The Crisis: 1990-1992\u003cbr\u003e   • India’s BoP during 2011-12\u003cbr\u003e   • Current Account during H1 of 2012-13\u003cbr\u003e – Sustainability of Current Account\u003cbr\u003e – Capital Account\u003cbr\u003e – External Debt\u003cbr\u003e   • International Comparison\u003cbr\u003e – Foreign Exchange Reserves\u003cbr\u003e   • Approach\u003cbr\u003e   • Developments\u003cbr\u003e   • Issues\u003cbr\u003e    – Foreign Exchange Rate Policy\u003cbr\u003e     ¡ Exchange Rate of Other Emerging Economies\u003cbr\u003e     ¡ Nominal Effective Exchange Rate (NEER) and Real\u003cbr\u003e      Effective Exchange Rate (REER)\u003cbr\u003e – Exchange Rate Management\u003cbr\u003e – Concluding Remarks\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e 22. India and the WTO\u003c\/strong\u003e\u003cbr\u003e – World Trade Organization 13-18, 2005)\u003cbr\u003e – India and the WTO\u003cbr\u003e – India's Participation in WTO Meetings, 2005)\u003cbr\u003e – WTO Negotiations and India 2005)\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e \u003cbr\u003e\u003cstrong\u003e 23. India and the Global Economy\u003c\/strong\u003e\u003cbr\u003e – State of the Global Economy\u003cbr\u003e – Locating India in the New Global Economy\u003cbr\u003e – Engaging the World\u003cbr\u003e – Challenges and Outlook\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e  Questions\u003c\/p\u003e\n\u003cp\u003e  Glossary\u003c\/p\u003e\n\u003cp\u003e  Select Bibliography\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ctable style=\"width: 100%; height: 78.3752px;\" width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e2013\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e510\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332700857\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila","offers":[{"title":"Paperback \/ ENG- English \/ Economics","offer_id":51286125609281,"sku":null,"price":745.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/indianeconomy_4th_front.png?v=1768902755"},{"product_id":"the-milk-break-copy-4","title":"Indian Economy","description":"\u003cdiv id=\"display\"\u003e\n\u003cdiv id=\"yourdiv\"\u003e\n\u003cdiv id=\"display_right\"\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eHERE’s the new, 23rd Edition of the widely accepted textbook\u003c\/div\u003e\n\u003cdiv\u003eon Indian Economy for undergraduate students (BA \/BCom\/Hons) incorporating the latest recommended readings. \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eThe book provides a comprehensive coverage of Indian economy under five sections:\u003c\/div\u003e\n\u003cdiv\u003eI.\u003cspan\u003e \u003c\/span\u003ebasic issues in economic development: institutional framework and policy regimes;\u003c\/div\u003e\n\u003cdiv\u003eII.\u003cspan\u003e \u003c\/span\u003egrowth and distributional issues: poverty, inequality and employment;\u003c\/div\u003e\n\u003cdiv\u003eIII.\u003cspan\u003e \u003c\/span\u003ecurrent perspectives in Indian agriculture: growth, productivity, constraints and pricing;\u003c\/div\u003e\n\u003cdiv\u003eIV.\u003cspan\u003e \u003c\/span\u003eindustry and services sector;\u003c\/div\u003e\n\u003cdiv\u003eV.\u003cspan\u003e \u003c\/span\u003efinancial sector and the external sector.\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eThe author Dr. Uma Kapila has specially designed this book based on the latest original readings recommended for the undergraduate courses, some of these being available in her edited books: Indian Economy Since Independence, 33rd Edition (2022-23), Indian Economic Development Since 1947 (2016-17 Edition) and Indian Economy: Economic Development and Policy (4th Edition 2022). \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eIn the present volume, author has made an effort to keep the language simple without compromising the effectiveness of the argument or diluting the analyses. The book also carries a comprehensive Glossary. \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eApart from undergraduate students, the book is widely used by students preparing for the IAS and other competitive examinations.\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h2\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003e\u003cstrong\u003eDr. Uma Kapila,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eauthor\/editor of several books on Indian economy, retired as Reader, Department of Economics, Miranda House, University of Delhi. She has taught Indian economy to undergraduate students for more than 42 years. Currently, she is Editorial Director, Academic Foundation.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"glossymenu\"\u003e\u003cbr\u003e\u003c\/h2\u003e\n\u003ch2 class=\"glossymenu\"\u003eContents in Detail\u003c\/h2\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003ca class=\"menuitem submenuheader\" href=\"http:\/\/academicfoundation.org\/#\"\u003e\u003cspan class=\"accordsuffix\"\u003e\u003c\/span\u003e\u003c\/a\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cdiv\u003e\u003cem\u003ePreface\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection - I \u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eEconomic Development in\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePost-Independent India\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eBasic Issues in Economic Development\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e1.\u003cspan\u003e \u003c\/span\u003eEconomic Development and Underdevelopment\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e2.\u003cspan\u003e \u003c\/span\u003eEconomic Development: Factors and Strategies\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e3.\u003cspan\u003e \u003c\/span\u003eIndia’s Economy at Independence\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e4.\u003cspan\u003e \u003c\/span\u003eEconomic Planning: Evolution and Strategy\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e5.\u003cspan\u003e \u003c\/span\u003eEconomic Reforms and Liberalisation\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e6.\u003cspan\u003e \u003c\/span\u003eDemography and Development\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e7.\u003cspan\u003e \u003c\/span\u003eLand Reforms\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e8.\u003cspan\u003e \u003c\/span\u003eGrowth and Structural Changes since 1951\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection- II \u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eGrowth and Distribution\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e9.\u003cspan\u003e \u003c\/span\u003ePoverty in India\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e10.\u003cspan\u003e \u003c\/span\u003eUnemployment and Employment Perspective\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e11.\u003cspan\u003e \u003c\/span\u003eEconomic Inequality in India\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection- III\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eCurrent Perspectives in Agriculture\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e12.\u003cspan\u003e \u003c\/span\u003eAgriculture: Role and Growth Performance\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e13.\u003cspan\u003e \u003c\/span\u003eAgricultural Price Policy, Food Management and Food Security\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection- IV\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eCurrent Perspectives in Industry and Services\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e14.\u003cspan\u003e \u003c\/span\u003eIndustrial Policy\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e15.\u003cspan\u003e \u003c\/span\u003eIndustrial Growth and Structure since 1951\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e16.\u003cspan\u003e \u003c\/span\u003eMicro, Small and Medium Enterprises (MSEs)\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e17.\u003cspan\u003e \u003c\/span\u003ePublic Sector in the Indian Economy\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e18.\u003cspan\u003e \u003c\/span\u003eServices in the Indian Growth Process\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e19.\u003cspan\u003e \u003c\/span\u003eForeign Direct Investment\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eSection- V\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eFinancial Sector and External Sector Financial Sector\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e20.\u003cspan\u003e \u003c\/span\u003eThe Financial Sector: Structure, Performance and Reforms\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e21.\u003cspan\u003e \u003c\/span\u003eForeign Trade and Trade Policy\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e22.\u003cspan\u003e \u003c\/span\u003eBalance of Payments\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e23.\u003cspan\u003e \u003c\/span\u003eIndia and the WTO\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e24.\u003cspan\u003e \u003c\/span\u003eIndian Economy Today: An Overview, Comparative Perspective and Covid-19 Impact\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eGlossary\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eSelect Bibliography\u003c\/em\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003ctable width=\"100%\" style=\"width: 100%; height: 78.3752px;\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6071%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 48.0357%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6071%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 48.0357%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e2022\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6071%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 48.0357%; height: 19.5938px;\"\u003e645\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6071%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 48.0357%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332706002\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila","offers":[{"title":"Paperback \/ ENG- English \/ Economics","offer_id":51288648843585,"sku":null,"price":799.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/Indianeconomy23rd_front.png?v=1768985813"},{"product_id":"west-asia-in-a-changing-world-copy-copy-1","title":"Indian Economy Since Independence (30th Edition)","description":"\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003ePraise for this book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\u003cem\u003ePraise for the silver jubilee edition:\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e“Uma Kapila’s 25th edition of this well-known volume contains an excellent and up-to-date collection of essays on the Indian Economy by some of the country’s leading economists, interspersed with very useful contributions by the editor herself. It will be a great boon for all students of the Indian economy…young and old.”\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e— Shankar Acharya\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e     Chief Economic Adviser to the Government of India\u003cbr\u003e     (1993-2001)\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eSharing a piece of its history...\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003eYear 1988: Upon publication of the first edition of this book, which was originally designed for students of the University of Delhi, Prof. VKRV Rao, the legendary economist, policymaker and institution builder, thus wrote   in a letter addressed to the editor Uma Kapila:\u003c\/div\u003e\n\u003cdiv\u003e“...It will be a most unusual kind of textbook for pioneering which you deserve congratulations. I, therefore, send you   my good wishes for the success of the publication and its use by students who do Economics Honours not only in the University of Delhi but also other universities.”   \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e—V.K.R.V. Rao \u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e“The annual edition of Dr. Uma Kapila’s Indian Economy since Independence has become a staple, annually updated, reference for University students throughout the country, for aspirants for the civil service and other examinations, and  for all those interested in a single comprehensive source of information, and analysis by a galaxy of scholars, on the Indian economy. This twenty-fifth anniversary edition marks a milestone in a remarkable journey, begun in 1988 by a revered teacher of long standing from Delhi University.” \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e— Indira Rajaraman\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e    Member, 13th Finance Commission and \u003c\/div\u003e\n\u003cdiv\u003e    Member, India Advisory Board of the\u003cbr\u003e    World Gold Council\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch1 class=\"d_normalheder\"\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h1\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003e\u003cstrong\u003eDr. Uma Kapila,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eauthor\/editor of several books on Indian economy, retired as Reader, Department of Economics, Miranda House, University of Delhi. She has taught Indian economy to undergraduate students for more than 42 years. Currently, she is Editorial Director, Academic Foundation.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h2\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eContributors\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003eArnab Acharya\u003c\/p\u003e\n\u003cp\u003eSanghmitra Acharya\u003c\/p\u003e\n\u003cp\u003eRahul Anand\u003c\/p\u003e\n\u003cp\u003ePulapre Balakrishnan\u003c\/p\u003e\n\u003cp\u003eRama Baru\u003c\/p\u003e\n\u003cp\u003eAditya Bhattacharjea\u003c\/p\u003e\n\u003cp\u003eRupa Chanda\u003c\/p\u003e\n\u003cp\u003eS. Mahendra Dev\u003c\/p\u003e\n\u003cp\u003eBiswajit Dhar\u003c\/p\u003e\n\u003cp\u003eLeena Mary Eapen\u003c\/p\u003e\n\u003cp\u003eTim Dyson\u003c\/p\u003e\n\u003cp\u003eAshok Gulati\u003c\/p\u003e\n\u003cp\u003eVijay Joshi\u003c\/p\u003e\n\u003cp\u003eUma Kapila\u003c\/p\u003e\n\u003cp\u003eVijay Kelkar\u003c\/p\u003e\n\u003cp\u003eKalpana Kochhar\u003c\/p\u003e\n\u003cp\u003eNagesh Kumar\u003c\/p\u003e\n\u003cp\u003eA.K. Shiva Kumar\u003c\/p\u003e\n\u003cp\u003eDipak Mazumdar\u003c\/p\u003e\n\u003cp\u003eSaurabh Mishra\u003c\/p\u003e\n\u003cp\u003eRakesh Mohan\u003c\/p\u003e\n\u003cp\u003eK. Nagaraj\u003c\/p\u003e\n\u003cp\u003eR. Nagaraj\u003c\/p\u003e\n\u003cp\u003eSthanur R. Nair\u003c\/p\u003e\n\u003cp\u003eArvind Panagariya\u003c\/p\u003e\n\u003cp\u003eT.S. Papola (late)\u003c\/p\u003e\n\u003cp\u003eC. Rangarajan\u003c\/p\u003e\n\u003cp\u003ePartha Ray\u003c\/p\u003e\n\u003cp\u003eShweta Saini\u003c\/p\u003e\n\u003cp\u003eSandip Sarkar\u003c\/p\u003e\n\u003cp\u003eAlakh N. Sharma\u003c\/p\u003e\n\u003cp\u003eJayan Jose Thomas\u003c\/p\u003e\n\u003cspan class=\"morecontent\"\u003e\u003cspan\u003e\u003c\/span\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cbr\u003e\u003c\/h2\u003e\n\u003ch2 class=\"glossymenu\"\u003eContents in detail\u003c\/h2\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cp\u003ePreface\u003c\/p\u003e\n\u003cdiv\u003eAcknowledgements\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003eAbout the Contributors\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePart I\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePlanning, Institutional Framework,\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eConstraints and  Role of the State\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e1.\u003cspan\u003e \u003c\/span\u003eIndian Economy at Independence\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e    Uma Kapila\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e2.\u003cspan\u003e \u003c\/span\u003ePlanning, Market and the State\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003e    \u003c\/span\u003eEditorial Notes\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e3.\u003cspan\u003e \u003c\/span\u003eEconomic Reforms: Looking Back and Ahead\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e   \u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003eC. Rangarajan\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e4.\u003cspan\u003e \u003c\/span\u003eIndia’s Economic Reforms:\u003c\/div\u003e\n\u003cdiv\u003e    Reflections on the Unfinished Agenda\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e   \u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003eVijay Joshi\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e5.\u003cspan\u003e \u003c\/span\u003eFiscal and Budgetary Developments:\u003c\/div\u003e\n\u003cdiv\u003e    Prospects and Reforms\u003cbr\u003e    \u003cstrong\u003eEditorial Notes\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e6.\u003cspan\u003e \u003c\/span\u003eDemography and Development\u003cspan\u003e \u003c\/span\u003e\u003cbr\u003e\u003cstrong\u003e    Editorial Notes\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e7.\u003cspan\u003e \u003c\/span\u003eIndia’s Demographic Transition and its\u003c\/div\u003e\n\u003cdiv\u003e    Consequences for Development\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e   \u003cstrong\u003e\u003cspan\u003e \u003c\/span\u003eTim Dyson\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePart II\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eGrowth and Structural Change since 1950\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e8.\u003cspan\u003e \u003c\/span\u003eGrowth and Structural Change Since 1950\u003cbr\u003e\u003cstrong\u003e    Editorial Notes\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e9.\u003cspan\u003e \u003c\/span\u003eThe Recovery of India: Economic Growth\u003c\/div\u003e\n\u003cdiv\u003e    in the Nehru Era\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e   \u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003ePulapre Balakrishnan\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e10.\u003cspan\u003e \u003c\/span\u003ePressing the Indian Growth Accelerator:\u003c\/div\u003e\n\u003cdiv\u003e      Policy Imperative\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e     \u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003eRakesh Mohan and Muneesh Kapur\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e11.\u003cspan\u003e \u003c\/span\u003eThe Intriguing Picture of Investment\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e     \u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003eC. Rangarajan\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e12.\u003cspan\u003e \u003c\/span\u003eIndia on the Growth Turnpike:\u003c\/div\u003e\n\u003cdiv\u003e      No State Left Behind\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e      \u003cstrong\u003eArvind Panagariya\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePart III\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cstrong\u003eDistributional Issues: \u003c\/strong\u003e\u003cstrong\u003ePoverty, Inequality, Malnutrition\u003cbr\u003eand Unemployment\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e13.\u003cspan\u003e \u003c\/span\u003eAssessment of the Growth Experience:\u003c\/div\u003e\n\u003cdiv\u003e      Poverty, Inequality and Unemployment\u003cspan\u003e \u003c\/span\u003e\u003cbr\u003e\u003cstrong\u003e      Editorial Notes\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e14.\u003cspan\u003e \u003c\/span\u003eReport of the Expert Group to Review the Methodology for\u003cbr\u003e      Measurement of Poverty: Executive Summary\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e      Rangarajan Committee Report\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e15.\u003cspan\u003e \u003c\/span\u003eCounting the Poor: Measurement and Other Issues\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e     \u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003eC. Rangarajan and S. Mahendra Dev\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e16.\u003cspan\u003e \u003c\/span\u003eInequities in Access to Health Services in India:\u003c\/div\u003e\n\u003cdiv\u003e      Caste, Class and Region\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eRama Baru, Arnab Acharya, Sanghmitra Acharya,\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eA.K. Shiva Kumar and K. Nagaraj\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e17.\u003cspan\u003e \u003c\/span\u003eLabour and Employment in Fast Growing India:\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003eIssues of Employment and Inclusiveness\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eT.S. Papola and Alakh N. Sharma\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePart IV\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eAgriculture\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e18.\u003cspan\u003e \u003c\/span\u003eIndian Agriculture: Developments, Issues,\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003ePolicies and Agenda for Reforms\u003cbr\u003e\u003cstrong\u003e\u003cspan\u003e      \u003c\/span\u003eEditorial Notes\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e19.\u003cspan\u003e \u003c\/span\u003eEconomic Reforms and Indian Agriculture\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eAshok Gulati and Shweta Saini\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e20.\u003cspan\u003e \u003c\/span\u003eThe Context and Conundrums of\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003eContemporary Agriculture\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eWorld Bank Group\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e21.\u003cspan\u003e \u003c\/span\u003eAgrarian Performance and Food Price Inflation\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003ein India: Pre- and Post-Economic Liberalisation\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eSthanur R. Nair and Leena Mary Eapen\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePart V\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eIndustry, Services and Infrastructure\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e22.\u003cspan\u003e \u003c\/span\u003eIndustrial Development and\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003ePolicies since Independence\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eEditorial Notes\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e23.\u003cspan\u003e \u003c\/span\u003eEconomic Reforms and Manufacturing \u003cbr\u003e      Sector Growth: Need for Reconfiguring the\u003cbr\u003e      Industrialisation Model\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eR. Nagaraj\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e24.\u003cspan\u003e \u003c\/span\u003eEconomic Growth without Employment:\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003eThe Story of Indian Manufacturing\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eJayan Jose Thomas\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e25.\u003cspan\u003e \u003c\/span\u003eThe Employment Problem in India and the\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003ePhenomenon of the Missing Middle\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eDipak Mazumdar and Sandip Sarkar\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e26.\u003cspan\u003e \u003c\/span\u003eOn Strategies for Disinvestment and Privatisation\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eVijay Kelkar\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e27.\u003cspan\u003e \u003c\/span\u003eOf Omissions and Commissions:\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003eIndia’s Competition Laws\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eAditya Bhattacharjea\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e28.\u003cspan\u003e \u003c\/span\u003eClothes and Shoes: Can India Reclaim\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003eLow Skill Manufacturing?\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eMinistry of Finance\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e29.\u003cspan\u003e \u003c\/span\u003eIndia’s Services Sector:\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003eTrends, Opportunities and Challengess\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eRupa Chanda\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e30.\u003cspan\u003e \u003c\/span\u003eInfrastructure and Economic Development\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eEditorial Notes\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e31.\u003cspan\u003e \u003c\/span\u003eIndian Financial Sector: Structure,\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003eTrends and Turns\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eRakesh Mohan and Partha Ray\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePart VI\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eThe External Sector\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e32.\u003cspan\u003e \u003c\/span\u003eIndia’s External Sector: \u003cbr\u003e      Policies, Developments and Issues\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eEditorial Notes\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e33.\u003cspan\u003e \u003c\/span\u003eSome Issues in External Sector Management\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eC. Rangarajan\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e34.\u003cspan\u003e \u003c\/span\u003eIndia’s New Foreign Trade Policy:\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003ePluses and Minuses\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eBiswajit Dhar\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e35.\u003cspan\u003e \u003c\/span\u003eMake in India: Which Exports can Drive\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003ethe Next Wave of Growth?\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eRahul Anand, Kalpana Kochhar and Saurabh Mishra\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e36.\u003cspan\u003e \u003c\/span\u003eForeign Direct and Portfolio Investments\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003eFlows and Development:\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003eA Perspective on Indian Experience\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eNagesh Kumar\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e37.\u003cspan\u003e \u003c\/span\u003eIndia and the WTO\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eEditorial Notes\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e38.\u003cspan\u003e \u003c\/span\u003eIndian Economy Today: An Overview and\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003eComparative Perspective\u003cspan\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cspan\u003e      \u003c\/span\u003e\u003cstrong\u003eUma Kapila\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003ctable width=\"100%\" style=\"width: 100%; height: 78.3752px;\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e2019\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e1040\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332705173\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila","offers":[{"title":"Paperback \/ ENG- English \/ Economics","offer_id":51306099605825,"sku":null,"price":1095.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/Indianeconomy_front.png?v=1769232393"},{"product_id":"agrivoltaics-copy-4","title":"Indian Economy Since Independence","description":"\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003e\u003cbr\u003eRevised year after year, now into its 24th Edition, this unique book is widely accepted as the core text for graduate \/ post-graduate courses in Indian economy, in various universities across India.\u003cbr\u003eThe book is essentially, a collection of select articles by some of India’s topmost economists and experts. These highly recommended original readings are well- supported by editorial notes and excerpts from Plan documents, that together present a comprehensive and critical analysis of Indian economy since independence: 1947-2013.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eContributors\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\n\u003cp\u003e\u003cstrong\u003eMontek S. Ahluwalia\u003c\/strong\u003e\u003cbr\u003e\u003cspan\u003eDy. Chairman, Planning Commission, New Delhi.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePulapre Balakrishnan\u003c\/strong\u003e\u003cbr\u003eProfessor, Centre for Development Studies, Thiruvananthapuram.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eRamesh Chand\u003c\/strong\u003e\u003cbr\u003eDirector, National Centre for Agricul. Econ. \u0026amp; Policy Research, Delhi.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eAngus Deaton\u003c\/strong\u003e\u003cbr\u003eProfessor of Economics \u0026amp; Int. Affairs, Princeton University, USA.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eJean Drèze\u003c\/strong\u003e\u003cbr\u003eHony. Professor, Delhi School of Economics, Delhi.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eS. Mahendra Dev\u003c\/strong\u003e\u003cbr\u003eDirector, Indira Gandhi Institute of Development Research, Mumbai.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eTim Dyson\u003c\/strong\u003e\u003cbr\u003eProf., Population Studies, DESTIN, London School of Economics.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eRamesh Golait\u003c\/strong\u003e\u003cbr\u003eAsst. Adviser, DEAP, Reserve Bank of India, New Delhi.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eK.S. James\u003c\/strong\u003e\u003cbr\u003eProfessor \u0026amp; Head, Population Research Centre, ISEC, Bangalore..\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003cbr\u003eReader (Retd.), Dept. of Economics, Miranda House, Univ. of Delhi.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eVijay Kelkar\u003c\/strong\u003e\u003cbr\u003eChairman, National Stock Exchange of India Ltd.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eK.L. Krishna\u003c\/strong\u003e\u003cbr\u003eChairman, Madras Institute of Development Studies, Chennai.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eNagesh Kumar\u003c\/strong\u003e\u003cbr\u003eChief Economist \u0026amp; Director, MPDD, ESCAP, United Nations.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePankaj Kumar\u003c\/strong\u003e\u003cbr\u003eAsst. Adviser, DEAP, Reserve Bank of India, New Delhi.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eDipak Mazumdar\u003c\/strong\u003e\u003cbr\u003eMunk Centre for International Studies, University of Toronto.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePrachi Mishra\u003c\/strong\u003e\u003cbr\u003eSr. Economist, Office of the Chief Economic Adviser, Min. of Finance.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eRakesh Mohan\u003c\/strong\u003e\u003cbr\u003eConsult. Prof., Stanford Inst. for Economic Policy Research, USA.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eR. Nagaraj\u003c\/strong\u003e\u003cbr\u003eProfessor, Indira Gandhi Institute of Development Research, Mumbai.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eArvind Panagariya\u003c\/strong\u003e\u003cbr\u003eProfessor of Economics, Columbia University, USA.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT.S. Papola\u003c\/strong\u003e\u003cbr\u003eICSSR National Fellow, Inst. for Studies in Industrial Develop., Delhi.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eShinoj Parappurathu\u003c\/strong\u003e\u003cbr\u003eScientist, National Centre for Agricul. Econ. \u0026amp; Policy Research, Delhi.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eC. Rangarajan\u003c\/strong\u003e\u003cbr\u003eChairman, Prime Minister’s Economic Advisory Council, Govt. of India.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eN. Chandrasekhara Rao\u003c\/strong\u003e\u003cbr\u003eProfessor, Centre for Economic and Social Studies, Hyderabad.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eC.H. Hanumantha Rao\u003c\/strong\u003e\u003cbr\u003eChancellor, Hyderabad Central University, Hyderabad.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eS.K. Ray\u003c\/strong\u003e\u003cbr\u003eProfessor (Retd.), Institute of Economic Growth, Delhi.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSandip Sarkar\u003c\/strong\u003e\u003cbr\u003eProfessor, Institute for Human Development, New Delhi.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eAlakh N. Sharma\u003c\/strong\u003e\u003cbr\u003eDirector, Institute for Human Development, New Delhi.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eM.H. Bala Subrahmanya\u003c\/strong\u003e\u003cbr\u003eProf. \u0026amp; Chair. (Mgmt), Indian Inst. of Science, Bangalore.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cbr\u003e\u003c\/h2\u003e\n\u003cp class=\"p1\"\u003e\u003cb\u003eConntents in Detail\u003cbr\u003e\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003ePreface    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003eAcknowledgements\u003c\/p\u003e\n\u003cp class=\"p2\"\u003eThe Contributors\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003ePart - I \u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003ePlanning, Institutional Framework, Constraints and Role of the State\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e1.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eIndian Economy at Independence\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eUma Kapila\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•    The Colonial Regime \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    The India of 1947 \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    The Agrarian Scene \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    India’s Industrial Production and its Structure\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    The State of Indian Industry\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    The Planning Era\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e2.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003ePlanning and the Market (Ed. Notes)\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•    Structural Constraints and the Development Strategy\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Role of the State as Visualised in the Fifties \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Evolution of Strategy and Priorities \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Changing Perceptions \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Role of Planning in a Market Economy \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Redefining the Role of State \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    The Government, the State and the Market     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Cooperative Action\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e3.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eTwelfth Five Year Plan: Faster, More Inclusive and Sustainable Growth\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eManmohan Singh\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e4.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eProspects and Policy Challenges in the Twelfth Plan\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eMontek S. Ahluwalia\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Review of Recent Performance\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Growth Prospects for the Twelfth Plan\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Some Critical Policy Challenges\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e5.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eFiscal and Budgetary Developments: Prospects and Reforms\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Fiscal Consolidation    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Measuring the Fiscal Deficit in India\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Spending and Deficits in the Medium Term:\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e      Can Expenditure be made more effective? \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     A New Framework for Fiscal Policy \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Expenditure Trends \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Consolidated General Government \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e6.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eDemographic Constraints: Population\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eChange and Economic Development (Ed. Notes)\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Economic Development and Population Growth \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Population Trends\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Gender Equity and the Demographic Transition\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Population Policy since 1947\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     National Population Policy 2000\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Human Resource Development\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Public Expenditure and Education Policy\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Health Care as a Social Responsibility\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Disparities and Divides\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Tamil Nadu: The Success Story\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Future    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e7.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eIndia’s Demographic Transition and Its Consequences for Development\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eTim Dyson\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     India’s Demographic Transition\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Urbanisation\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Future    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Discussion\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e8.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eGlorifying Malthus: Current Debate on \u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003e‘Demographic Dividend’ in India\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eK.S. James\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     The Concept of Demographic Dividend\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Theoretical Confusion \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Empirical Estimation of Demographic Dividend    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Statistical Analysis\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003ePart - II\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003eAgriculture\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e9.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eIndian Agriculture: Developments, Issues and Policies (Ed. Notes)\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Linkages between Agriculture and Other Sectors    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Institutional Context    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The New Technology    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Three Phases of Green Revolution    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Reform Period, 1991 to the Present    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Deceleration in Agriculture Growth    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Performance of the Agriculture Sector during\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e      the Eleventh Five Year Plan (2007-2012)\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Major Factors Affecting the Growth Potential    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     National Policy for Farmers, 2007\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Role and Performance of Critical Inputs    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Outputs, Inputs and Productivity    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Emerging Imbalances \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Cereals Production and Build up of Stocks    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Secondary Agriculture: A Driver for Growth of\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e        Primary Agriculture    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Reforming the Three ‘I's: Investments, Incentives\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e      and Institutions    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Food Management    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Food Procurement Policy    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Public Distribution System (PDS)     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Food Subsidy    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Food Security\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Towards Elimination of Hunger and Malnutrition\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Way Forward\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     National Food Security Bill 2013\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Agricultural Price Policy\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Agricultural Exports\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Rural Distress in Post-Reform India\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Farmers’ Suicides\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Challenges and Outlook\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e10.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eReforms in Land System in Post-Independent India\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eS.K. Ray\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Policy Objectives for Structural Reorganisation\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Reform Controversy\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Impact of Structural Reorganisation\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Emerging Perspectives and Policy Issues\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e11.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eTemporal and Spatial Variations in\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eAgricultural Growth and Its Determinants\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eRamesh Chand, Shinoj Parappurathu\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•    Introduction\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Historical Growth Trends in Agriculture\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Structural Breaks in GDP-Agriculture\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Hypothesis on Growth\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Agriculture Performance at Disaggregate Level \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Livestock Sub-sector\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Agricultural Performance at State Level\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Pattern of Growth of Major Determinants\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Investment in Agriculture\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Primary Inputs\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Terms of Trade\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Technology    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Other Factors\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Conclusions\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e12.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eAgricultural Growth in India Since 1991\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003ePulapre Balakrishnan, Ramesh Golait, Pankaj Kumar\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Agriculture and the Economic Reforms \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Growth of Agriculture Since 1991 \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Prices and the Recent Agricultural Growth \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Non-price Factors and the Recent Agricultural Growth\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Conclusions, with Implications for Policy \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e13.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eAgricultural Price Policy, Farm Profitability and Food Security\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eS. Mahendra Dev, N. Chandrasekhara Rao\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Trends in Costs and Yields\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Trends in MSPs and Prices Realised by Farmers\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Relationship between Costs, Prices Realised and MSP \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Returns to Farming\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Increased Role of Price Policy\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Concluding Observations\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e14.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eUnderstanding the Nature and Causes of Food Inflation\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eRamesh Chand \u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Inflation: Trend and Structure    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Factors Affecting Food Inflation    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Conclusions and Implications\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003ePart - III\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003eIndustry \u0026amp; Infrastructure\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e15.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eIndustrial Development and Policies since Independence (Ed. Notes)\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Extent and Pattern of Industrialisation during the British Rule \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Industrial Scene at Independence\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Industrial Control Regime\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Policy Regime in the 1990s\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     New Economic Policy\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Opening up to Foreign Investment\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Public Sector Reforms, Privatisation and Infrastructure\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Industrial Policy: Recent Policy Initiatives\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Industrial Policy Eleventh Plan\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Industrial Policy Objectives for the Twelfth Plan and Beyond    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Industrial Growth     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Phases of Industrial Growth    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Industrial Growth in the 90s     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Profile of Industrial Growth \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Shift in Favour of Registered Manufacturing \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Decline in Employment Growth in Organised Manufacturing\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Stagnant Share of Manufacturing Sector\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Manufacturing Slowdown (1996-2002)     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Factors Causing the Industrial Slowdown: Some Hypotheses\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Cyclical Factors in Industrial Slowdown \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Infrastructure Constraints in the Industrial Sector     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Industrial Performance and Credit Growth \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Productivity Trends in the Manufacturing Sector     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Recovery in Industrial Growth since 2002-03    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Slowdown during 2007-08 and 2008-09    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Recent Industrial Growth\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Why has Growth Moderated?\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Manufacturing Sector's Share in Total Employment?\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Other Aspects of Industrial Change    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Why did the Reforms Fail to Deliver the Expected Results?\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Cost of Doing Business    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     What Should be Done Now?    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Balanced Growth    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Integrating into Global Networks    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Improving Physical Infrastructure    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Conclusions    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Micro and Small Enterprises (MSEs)    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Status and Key Challenges    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Public Sector    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Privatisation     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Foreign Direct Investment (FDI)    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Labour Policy Reforms     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Challenges and Outlook\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e16.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eIndustrial Development and Policies since\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eIndependence: Growth without Employment \u003c\/b\u003e   \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eK.L. Krishna\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•    Introduction    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Policy Regimes and Pattern of Growth     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Structural Transformation of the Economy    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    India's Unique Pattern of Development    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Employment Generation in Manufacturing    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    National Manufacturing Plan \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Concluding Remarks \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e17.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eSmall Industry and Globalisation:\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eImplications, Performance and Prospects\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eM.H. Bala Subrahmanya\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Introduction \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Implications of Policy Changes \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Globalisation and Small Industry Performance \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Future Prospects of Small Industry \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Summary and Conclusions\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e18.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003ePublic Sector Performance since 1950: A Fresh Look\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eR. Nagaraj\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Public Sector Performance\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Reasons and Implications\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Conclusions\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e19.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eOn Strategies for Disinvestment and Privatisation\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eVijay Kelkar\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Public versus Private Ownership    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Privatisation \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e20.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eServices in India’s Growth Process (Ed. Notes)\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Growth and Sectoral Shares, Cross-Country\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e       Evidence and Indian Experience \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     International Trade in Services \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Services GDP \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Important Services for India \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Which Services have Grown Rapidly? \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Factors Underlying the Services Growth\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Challenges\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e21.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eInfrastructure and Economic Development (Ed. Notes)\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Commercialisation: A New Wave, A New Necessity\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Strategies for Infrastructure Development\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Differences in Infrastructure Building between India and China\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Infrastructure Investment in India    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Prioritisation of Infrastructure Sectors for\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e       Development: Twelfth Five Year Plan 2012-2017\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Challenges and Outlook \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003ePart - IV\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003eThe External Sector\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e22.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eIndia’s External Sector: Policies Developments \u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eand Issues  (Ed. Notes)\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Trade Policy    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Foreign Trade Performance     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Structural Changes in India’s Foreign Trade\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e       during Eighties and Nineties    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Trade Composition    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Direction of Trade      \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     World Merchandise Trade: Global Recession    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     India's Services Trade\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Balance of Trade in Services\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Special Economic Zones\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Bilateral and Regional Trade Agreements\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Outlook and Challenges\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Balance of Payments\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     India’s Balance of Payment Trends 1950-51 to 2011-12\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Financing Aspect of Current Account\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Sustainability of Current Account \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Capital Account\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     External Debt\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     International Comparison\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Managing Capital Flows\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Foreign Exchange Reserves: Approach, Developments and Issues\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     FCAs\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Foreign Exchange Rate Policy\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Exchange Rate Management \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Concluding Remarks\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e23.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eIndia's External Sector: Do We Need to Worry?\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eC Rangarajan, Prachi Mishra\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Introduction\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     External Sector Reforms\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    External Sector Performance since 1991\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Some Analytical Issues\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•    Way Forward\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e24.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eForeign Direct and Portfolio Investments\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eFlows and Development: A Perspective on Indian Experience\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eNagesh Kumar\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     The Context\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Evolution of Policy Regime towards FDI and FPIs in India\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Foreign Direct Investment flows and their quality\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     FPI Inflows and their Impact\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     India as an Emerging Source of FDI Outflows    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Concluding Remarks and Policy Lessons\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e25.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eIndia and the WTO\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     World Trade Organization\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     India and the WTO\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     India's Participation in WTO Meetings \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     WTO Negotiations and India\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e26.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eIndia and the Global Economy\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     State of the Global Economy \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Locating India in the New Global Economy    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Engaging the World\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003ePart - V\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003eGrowth \u0026amp; Structural Change Since 1950 and\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003eAssessment of the Growth Experience \u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e27.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eGrowth and Structural Change Since 1950 (Ed. Notes)\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     The Performance    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     India's Growth Turnaround\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Investment    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Growth Prospects     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Performance on Inclusiveness    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Need for Faster Growth    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Growth and Structural Change    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Growth and Sectoral Shares, Cross-Country\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e       Evidence and Indian Experience    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Inter-Regional Disparities in Growth and Development\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Way Ahead    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Growth Prospect: An Assessment    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e28.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eGrowth Record of the Indian Economy, 1950-2008: \u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eA Story of Sustained Savings and Investment\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eRakesh Mohan\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     A Review of the Indian Growth Process \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Growth Acceleration over the Decades \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Consistent Growth in Savings and Investment \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Growing Fiscal Imbalance and Correction     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Public Sector Savings \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Performance of the Private Corporate Sector     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Household Savings \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Estimation of Savings and Investment \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Efficiency in the Use of Resources     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Financial Sector Reforms \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Prospects for the Next Five Years \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Issues and Challenges \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e29.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eIndia on the Growth Turnpike: No State Left Behind\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eArvind Panagariya\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Growth: No State Left Behind\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Poverty: Progress Everywhere \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Smaller and Newer States and Union Territories \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Conclusions\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e30.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eAssessment of the Growth Experience: Poverty, \u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eInequality, Unemployment and Inflation (Ed. Notes)\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Poverty and Unemployment \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Poverty Estimates\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Poverty and Inclusive Growth\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Inequality\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Urban Inequality after Economic Reforms\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Employment\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Unemployment\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Unemployment among Young and the Educated\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Employment Trends Among The Social Groups\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Growth and Employment    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Employment and Livelihood    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Labour Market Reforms would help Boost Employment Creation    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Public Employment Programme for the Unorganised\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e      Workers: The Case of NREGA\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Performance    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Success Stories    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Work Force Projections: Total and Sectoral Employment\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e      Projections (Twelfth Five Year Plan)\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Challenges for Employment Policy\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Skill Development: The Challenge\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e31.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eThe Employment Problem in India and\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003ethe Phenomenon of the Missing Middle\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eDipak Mazumdar, Sandip Sarkar\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Trends in the Industrial Structure of Employment    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Employment Growth in the Tertiary Sector in\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e       India in a Comparative Context    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Dualism in Indian Manufacturing    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Why is Dualism a Problem for Manufacturing Growth?    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Causes of the Emergence and Persistence of Dualism    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Conclusion\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e32.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eLabour and Employment in Fast Growing India: \u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eIssues of Employment and Inclusiveness\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eT.S. Papola, Alakh N. Sharma\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Introduction    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Some Characteristics of the Indian Labour Market    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Trend and Pattern of Employment Growth    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Impact of Global Financial 2008 Crisis on\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e      Indian Labour Market and Employment    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Quality of Employment and Disparities    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Increasing Labour Flexibility and Erosion of Labour Rights    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Conclusion and Policy Agenda\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e33.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eInclusive Growth: Role of Socio-Political Factors \u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eComparative Experience of India and China\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eC.H. Hanumantha Rao\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Introduction    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Growth, Poverty and Inequality    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Socio-Political Compulsions for Course Correction    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Structural Bottlenecks to Inclusive Growth    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Conclusion\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e34.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003ePoverty and Inequality in India: A Re-Examination\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eAngus Deaton, Jean Drèze\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Economic Inequality in the Nineties    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Qualifications and Concerns    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Beyond Poverty Indexes\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e\u003cb\u003e35.\u003c\/b\u003e\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eInflation\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e•     Measurement     \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Trends in Wholesale Prices: 1950s to 1980s    \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Period of 1990s\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Average Trends in WPI Inflation 2000-01 to 2011-12\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     The Anatomy of Food Inflation\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Why has Inflation Persisted?\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Anti-Inflationary Measures\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Inflation Targeting\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Issues in Price Stability\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e•     Inflation: Growth Trade-off\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eStatistical Appendix\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e      Selected Economic and Social Indicators 1950-51 to 2011-12\u003c\/p\u003e\n\u003cp class=\"p2\"\u003e \u003c\/p\u003e\n\u003cp class=\"p3\"\u003e \u003c\/p\u003e\n\u003ctable style=\"width: 100%; height: 78.3752px;\" width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e2013\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e1020\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332700352\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila (Ed.)","offers":[{"title":"Paperback \/ ENG- English \/ Economics","offer_id":51346172576065,"sku":null,"price":1195.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/Indianeconomy24_front.png?v=1769840674"},{"product_id":"agrivoltaics-copy-5","title":"Indian Economy Since Independence","description":"\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003ePraise for this book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003e“Uma Kapila’s 25th edition of this well-known volume contains an excellent and up-to-date collection of essays on the Indian Economy by some of the country’s leading economists, interspersed with very useful contributions by the editor herself. It will be a great boon for all students of the Indian economy…young and old.”\u003cbr\u003e   \u003cstrong\u003e\u003cspan\u003e \u003c\/span\u003e— Shankar Acharya\u003c\/strong\u003e\u003cbr\u003e        Chief Economic Adviser to the\u003cbr\u003e        Government of India (1993-2001)\u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch1 class=\"d_normalheder\"\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h1\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003e\u003cstrong\u003eDr. Uma Kapila,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eauthor\/editor of several books on Indian economy, retired as Reader, Department of Economics, Miranda House, University of Delhi. She has taught Indian economy to undergraduate students for more than 42 years. Currently, she is Senior Editor, Academic Foundation.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h2\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eContributors\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003e\u003cstrong\u003eArnab Acharya,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eSr. Lecturer, London School of Hygiene\u003cbr\u003eand Tropical Medicine, London, UK.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSanghmitra Acharya,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eDirector, Indian Institute of Dalit Studies, New Delhi.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePulapre Balakrishnan,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eProfessor of Economics, Ashoka University, Haryana.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eRama Baru,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eProfessor, Centre of Social Medicine and Community Health,\u003cbr\u003eJawaharlal University, New Delhi \u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eAditya Bhattacharjea,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eProfessor and Head, Department of Economics,\u003cbr\u003eDelhi School of Economics, University of Delhi, Delhi.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eAchin Chakraborty,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eProfessor and Director, \u003cbr\u003eInstitute of Development Studies, Kolkata.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eS. Mahendra Dev,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eDirector (Vice Chancellor), Indira Gandhi Institute of\u003cbr\u003eDevelopment Research, Mumbai.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eBiswajit Dhar,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eProfessor, Centre of Economic Studies and Planning,\u003cbr\u003eSchool of Social Sciences, Jawaharlal Nehru University, New Delhi.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eTim Dyson,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eProfessor, Population Studies, DESTIN,\u003cbr\u003eLondon School of Economics, London.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eAshok Gulati,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eChair Professor-Agriculture, Indian Council for Research\u003cbr\u003ein International Economic Relations (ICRIER); formerly Chairman,\u003cbr\u003eCommission for Agricultural Costs and Prices (CACP), New Delhi.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eUma Kapila,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eReader (Retd.), Department of Economics, Miranda House,\u003cbr\u003eUniversity of Delhi. Presently, Senior Editor, Academic Foundation, New Delhi.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eVijay Kelkar,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eChairman, India Development Foundation, New Delhi.\u003cbr\u003eChairman, 13th Finance Commission, Government of India. \u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eK.L. Krishna,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eChairman, Madras Institute of Development Studies, Chennai; Member,\u003cbr\u003eCentre for Development Economics, Delhi School of Economics, Delhi.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eNagesh Kumar,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eHead, UN ESCAP South and \u003cbr\u003eSouth-West Asia Office, New Delhi.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eA.K. Shiva Kumar, \u003c\/strong\u003eCo-Chair, Know Violence in Childhood Global Learning Initiatives;\u003cbr\u003eearlier Director, International Centre for Human Development, New Delhi. \u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eDipak Mazumdar,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eMunk Center for International Studies, University of Toronto;\u003cbr\u003eVisiting Professor, Institute for Human Development, New Delhi.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePrachi Mishra,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eChief General Manager, Reserve Bank of India, Mumbai;\u003cbr\u003eearlier Senior Economist, IMF.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eRakesh Mohan, \u003c\/strong\u003eExecutive Director, International Monetary Fund (IMF)\u003cbr\u003eWashington, DC representing India, Sri Lanka and Bhutan.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eK. Nagaraj, \u003c\/strong\u003eProfessor, Madras Institute of Development\u003cbr\u003eStudies, Chennai, Tamil Nadu\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eR. Nagaraj,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eProfessor, Indira Gandhi Institute of Development Research, Mumbai.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eArvind Panagariya,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eDy. Chairman, NITI Aayog, Govt. of India, New Delhi.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eManoj Panda,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eDirector, Institute of Economic Growth, University of Delhi, Delhi.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eT.S. Papola,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eICSSR National Fellow, Institute for Studies in Industrial Development (ISID), New Delhi. \u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eC. Rangarajan,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eChairman, Madras School of Economics, Chennai; formerly Chairman,\u003cbr\u003ePrime Minister’s Economic Advisory Council; Chairman, Twelfth Finance Commission.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eN. Chandrasekhara Rao, \u003c\/strong\u003eProfessor, Institute of Economic Growth, University of Delhi, Delhi.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eTirthankar Roy,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eProfessor, London School of Economics and Political Science, the U.K.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eShweta Saini,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eConsultant, Indian Council for Research in International Economic Relations (ICRIER), New Delhi.\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSandip Sarkar,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eProfessor, Institute for Human Development, New Delhi.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eAlakh N. Sharma,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eDirector, Institute for Human Development (IHD), New Delhi.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eManmohan Singh,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eEconomist, Former Prime Minister of India, New Delhi.\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eM.H. Bala Subrahmanya,\u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003eProfessor \u0026amp; Chairman, Department of Management Studies,\u003cbr\u003eIndian Institute of Science, \u003c\/p\u003e\n\u003cspan class=\"morecontent\"\u003e\u003cspan\u003e\u003c\/span\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003ch2 class=\"glossymenu\"\u003eContents in Detail\u003c\/h2\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cp\u003e\u003cbr\u003ePreface\u003cbr\u003e Acknowledgements\u003cbr\u003eContributors\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003ePART I\u003cbr\u003e\u003cstrong\u003ePLANNING, INSTITUTIONAL FRAMEWORK,\u003cbr\u003eCONSTRAINTS AND  ROLE OF THE STATE\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e1.    Indian Economy at Independence\u003cbr\u003e        \u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003cbr\u003e            •    The Colonial Regime\u003cbr\u003e            •    The India of 1947\u003cbr\u003e            •    The Agrarian Scene\u003cbr\u003e            •    The State of Indian Industry and its Structure\u003cbr\u003e            •    The Planning Era\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e2.    \u003c\/span\u003e\u003cspan\u003eThe Economic Legacies of Colonial \u003c\/span\u003e\u003cspan\u003eRule in India: Another Look\u003c\/span\u003e\u003cbr\u003e\u003cspan\u003e        \u003c\/span\u003e\u003cstrong\u003eTirthankar Roy\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e\u003c\/strong\u003e\u003cspan\u003e           \u003c\/span\u003e\u003cspan\u003e •     Linking Empire with Development: The Old Theory    \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e            •     Linking Empires with Development: The New Trends    \u003cbr\u003e            •     What Kind of a State was the Raj?\u003cbr\u003e            •     Benefits and Costs of Colonialism\u003cbr\u003e            •     Policy and Ideology after 1947    \u003cbr\u003e            •     Conclusions: Economic Legacies of Colonialism\u003c\/p\u003e\n\u003cp\u003e3.    Planning, Market and the State (Ed. Notes)    \u003cbr\u003e            •     Structural Constraints and the Development Strategy\u003cbr\u003e            •     Role of the State as Visualised in the Fifties\u003cbr\u003e            •     Evolution of Strategy and Priorities\u003cbr\u003e            •     Changing Perceptions\u003cbr\u003e            •     Role of Planning in a Market Economy\u003cbr\u003e            •     Redefining the Role of State  \u003cbr\u003e            •     The Government, the State and the Market   \u003cbr\u003e            •     Relevance of Planning Commission  \u003cbr\u003e            •     NITI Aayog: Role and Functions   \u003c\/p\u003e\n\u003cp\u003e4.    Twelfth Five Year Plan: Faster, More Inclusive\u003cbr\u003e       and Sustainable Growth\u003cbr\u003e        \u003cstrong\u003eManmohan Singh\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e5.    Economic Reforms: Looking Back and Ahead\u003cbr\u003e        \u003cstrong\u003eC. Rangarajan\u003c\/strong\u003e\u003cbr\u003e            •    Break with the Past \u003cbr\u003e            •    The Genesis of Reforms    \u003cbr\u003e            •    Questions on the Reform Process   \u003c\/p\u003e\n\u003cp\u003e6.    Fiscal and Budgetary Developments:\u003cbr\u003e      Prospects and Reforms (Ed. Notes)\u003cbr\u003e            •     Introduction\u003cbr\u003e            •     Recent Fiscal Performance\u003cbr\u003e            •     Medium-Term Fiscal Framework\u003cbr\u003e            •     Conclusions\u003c\/p\u003e\n\u003cp\u003e7.    Demographic Constraint: Population\u003cbr\u003e       Change and Economic Development (Ed. Notes)\u003cbr\u003e            •     Introduction   \u003cbr\u003e            •     Economic Development and Population Growth    \u003cbr\u003e            •     The Microeconomic Theory of Fertility    \u003cbr\u003e            •     Population Trends   \u003cbr\u003e            •     Gender Equity and the Demographic Transition   \u003cbr\u003e            •     Population Policy since 1947   \u003cbr\u003e            •     National Population Policy, 2000   \u003cbr\u003e            •     Human Resource Development   \u003cbr\u003e            •     Public Expenditure and Education Policy   \u003cbr\u003e            •     Health Care as a Social Responsibility   \u003cbr\u003e            •     Human Development: International Comparison   \u003cbr\u003e            •     Disparities and Divides   \u003cbr\u003e            •     Tamil Nadu: The Success Story   \u003cbr\u003e            •     The Future \u003cbr\u003e            •     Demographic Dividend and Related Policy Interventions\u003c\/p\u003e\n\u003cp\u003e8.    India’s Demographic Transition and its\u003cbr\u003e        Consequences for Development\u003cbr\u003e\u003cstrong\u003e        Tim Dyson\u003c\/strong\u003e\u003cbr\u003e            •    India’s Demographic Transition    \u003cbr\u003e            •    Urbanisation    \u003cbr\u003e            •    The Future    \u003cbr\u003e            •    Discussion    \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003ePART II\u003cbr\u003e\u003cstrong\u003eGROWTH AND STRUCTURAL CHANGE SINCE 1950\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e9.    Growth and Structural Change Since 1950 (Ed. Notes)       \u003cbr\u003e            •     The Performance   \u003cbr\u003e            •     India’s Growth Turnaround   \u003cbr\u003e            •     Recent Growth Record   \u003cbr\u003e            •     Aggregate Demand   \u003cbr\u003e            •     Priorities for Reviving Growth   \u003cbr\u003e            •     Reform Agenda   \u003cbr\u003e            •     Performance on Inclusiveness   \u003cbr\u003e            •     The Need for Faster Growth   \u003cbr\u003e            •     Growth and Structural Change   \u003cbr\u003e            •     Sectoral Growth Trends\u003cbr\u003e            •     Growth and Sectoral Shares, Cross-Country\u003cbr\u003e                   Evidence and Indian Experience \u003cbr\u003e            •     Inter-Regional Disparities in Growth and Development   \u003cbr\u003e            •     The Way Ahead   \u003cbr\u003e            •     Growth Prospect: An Assessment   \u003cbr\u003e            •     Sustainable Development and Climate Change   \u003c\/p\u003e\n\u003cp\u003e10.  The Recovery of India: Economic Growth in the Nehru Era\u003cbr\u003e        \u003cstrong\u003ePulapre Balakrishnan\u003c\/strong\u003e\u003cbr\u003e            •     Introduction   \u003cbr\u003e            •     Nehru-Mahalanobis Strategy   \u003cbr\u003e            •     A Record of Growth in the Nehru Era   \u003cbr\u003e            •     Caricature of a Vision: Through a Glass, Darkly   \u003cbr\u003e            •     Conclusions   \u003c\/p\u003e\n\u003cp\u003e11.  Macroeconomic Overview: The Growth Story       \u003cbr\u003e        \u003cstrong\u003eManoj Panda\u003c\/strong\u003e\u003cbr\u003e            •    Introduction   \u003cbr\u003e            •    National Income Growth   \u003cbr\u003e            •    Other Macroeconomic Developments   \u003cbr\u003e            •    Growth Prospect: An Assessment    \u003c\/p\u003e\n\u003cp\u003e12.  Growth Record of the Indian Economy, 1950-2008:\u003cbr\u003e       A Story of Sustained Savings and Investment \u003cbr\u003e        \u003cstrong\u003eRakesh Mohan\u003c\/strong\u003e\u003cbr\u003e            •    A Review of the Indian Growth Process     \u003cbr\u003e            •    Prospects for the Next Five Years     \u003cbr\u003e            •    Issues and Challenges     \u003c\/p\u003e\n\u003cp\u003e13.  Growth and Investment: The Interlinks  \u003cbr\u003e      \u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003e C. Rangarajan\u003c\/strong\u003e\u003cbr\u003e            •    Behaviour of Saving    \u003cbr\u003e            •    Behaviour of Investment    \u003cbr\u003e            •    The Way Forward    \u003c\/p\u003e\n\u003cp\u003e14.  India on the Growth Turnpike: No State Left Behind        \u003cbr\u003e        \u003cstrong\u003eArvind Panagariya\u003c\/strong\u003e\u003cbr\u003e            •    Growth: No State Left Behind    \u003cbr\u003e            •    Poverty: Progress Everywhere    \u003cbr\u003e            •    Smaller and Newer States and Union Territories    \u003cbr\u003e            •    Conclusions    \u003c\/p\u003e\n\u003cp\u003ePART III\u003cbr\u003e\u003cstrong\u003eDISTRIBUTIONAL ISSUES: POVERTY, INEQUALITY,\u003cbr\u003eMALNUTRITION AND UNEMPLOYMENT\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e15.    Assessment of the Growth Experience:\u003cbr\u003e         Poverty, Inequality and Unemployment (Ed. Notes)     \u003cbr\u003e            •     Poverty and Unemployment    \u003cbr\u003e            •     Poverty Estimates   \u003cbr\u003e            •     Poverty and Inclusive Growth   \u003cbr\u003e            •     Inequality   \u003cbr\u003e            •     Inequality After Economic Reforms   \u003cbr\u003e            •     Employment   \u003cbr\u003e            •     Employment, Unemployment and Labour Force Dynamics   \u003cbr\u003e            •     Underemployment: A Continuing Characteristic of Employment   \u003cbr\u003e            •     Characteristics and Structure of the Indian Labour Market   \u003cbr\u003e            •     Trends and Patterns of Employment Growth  \u003cbr\u003e            •     Summing Up: Key Features of the Employment Situation   \u003cbr\u003e            •     Labour Market Reforms would Help Boost\u003cbr\u003e                  Employment Creation   \u003cbr\u003e            •     Public Employment Programme for the\u003cbr\u003e                  Unorganised Workers: The Case of NREGA   \u003cbr\u003e            •     The Performance   \u003cbr\u003e            •     Success Stories   \u003cbr\u003e            •     Policy Agenda   \u003cbr\u003e            •     Employment Perspective   \u003cbr\u003e            •     Skill Development: The Challenge   \u003c\/p\u003e\n\u003cp\u003e16.    Counting the Poor: Measurement and Other Issues \u003cbr\u003e\u003cstrong\u003e        C. Rangarajan and S. Mahendra Dev\u003c\/strong\u003e\u003cbr\u003e            •     Clarifications on Issues    \u003cbr\u003e            •     What is New?    \u003cbr\u003e            •     Use of Calories    \u003cbr\u003e            •     Multidimensional Poverty    \u003cbr\u003e            •     Higher Urban Poverty    \u003cbr\u003e            •     NAS-NSS Consumption Differences    \u003cbr\u003e            •     Poverty Measures in Other Countries    \u003cbr\u003e            •     Public Expenditure and Poverty    \u003cbr\u003e            •     Poverty Ratio for Eligibility under Programmes    \u003c\/p\u003e\n\u003cp\u003e17.    Inequities in Access to Health Services\u003cbr\u003e         in India: Caste, Class and Region        \u003cbr\u003e\u003cstrong\u003e        Rama Baru, Arnab Acharya, Sanghmitra Acharya,\u003cbr\u003e        A.K. Shiva Kumar and K. Nagaraj\u003c\/strong\u003e\u003cbr\u003e            •     Determinants of Health Inequities    \u003cbr\u003e            •     Features of Health Service Provisioning    \u003cbr\u003e            •     Inequities in Access to Health Services    \u003cbr\u003e            •     Factors Affecting Equity in Access to\u003cbr\u003e                  Health Services    \u003cbr\u003e            •     Equity Enhancing Initiatives    \u003cbr\u003e            •     The Way Forward    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e18.    Labour and Employment in Fast Growing India:\u003cbr\u003e         Issues of Employment and Inclusiveness      \u003cbr\u003e        \u003cstrong\u003eT.S. Papola and Alakh N. Sharma\u003c\/strong\u003e\u003cbr\u003e            •    Introduction    \u003cbr\u003e            •    Some Characteristics of the\u003cbr\u003e                  Indian Labour Market    \u003cbr\u003e            •    Trend and Pattern of Employment Growth   \u003cbr\u003e            •    Impact of Global Financial 2008 Crisis on\u003cbr\u003e                 Indian Labour Market and Employment   \u003cbr\u003e            •    Quality of Employment and Disparities    \u003cbr\u003e            •    Increasing Labour Flexibility and Erosion of\u003cbr\u003e                  Labour Rights    \u003cbr\u003e            •    Conclusion and Policy Agenda   \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e19.  Reforming Labour Markets in States:\u003cbr\u003e        Revisiting the Futility Thesis      \u003cbr\u003e        \u003cstrong\u003eAchin Chakraborty\u003c\/strong\u003e\u003cbr\u003e            •    How Rigid is the Labour Market?    \u003cbr\u003e            •    The Logic of Flexibility    \u003cbr\u003e            •    What Flexibility Cannot Achieve    \u003cbr\u003e            •    Concluding Remarks    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003ePART IV\u003cbr\u003e\u003cstrong\u003eAGRICULTURE\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e20.  Indian Agriculture: Developments, Issues,\u003cbr\u003e        Policies and Agenda for Reforms (Ed. Notes)\u003cbr\u003e            •     Introduction \u003cbr\u003e            •     Linkages between Agriculture and Other Sectors   \u003cbr\u003e            •     The Institutional Context   \u003cbr\u003e            •     The New Technology   \u003cbr\u003e            •     Three Phases of Green Revolution    \u003cbr\u003e            •     Reform Period, 1991 to the Present    \u003cbr\u003e            •     Deceleration in Agriculture Growth    \u003cbr\u003e            •     Long-term Performance, and what could be\u003cbr\u003e                  Holding Back Indian Agriculture    \u003cbr\u003e            •     Major Factors Affecting the Growth Potential    \u003cbr\u003e            •     National Policy for Farmers, 2007    \u003cbr\u003e            •     Cereals Production and Build up of Stocks    \u003cbr\u003e            •     Secondary Agriculture: A Driver for Growth of\u003cbr\u003e                    Primary Agriculture    \u003cbr\u003e            •     Reforming the Three ‘I’s: Investments,\u003cbr\u003e                  Incentives, and Institutions    \u003cbr\u003e            •     Food Management    \u003cbr\u003e            •     Public Distribution System (PDS)     \u003cbr\u003e            •     Food Subsidy    \u003cbr\u003e            •     Food Security    \u003cbr\u003e            •     Agricultural Price Policy    \u003cbr\u003e            •     Challenges and Outlook    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e21.   Agricultural Development in India: \u003cbr\u003e        Performance, Issues and Policies\u003cbr\u003e\u003cstrong\u003e        S. Mahendra Dev\u003c\/strong\u003e\u003cbr\u003e            •    Performance of Agriculture    \u003cbr\u003e            •    Policies Since Independence    \u003cbr\u003e            •    Issues and Policies for Higher Growth,\u003cbr\u003e                 Equity and Sustainability    \u003cbr\u003e            •    Conclusion   \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e22.  The Context and Conundrums of Contemporary Agriculture\u003cbr\u003e        World Bank Group\u003cbr\u003e            •     India’s Food Security Puzzle   \u003cbr\u003e            •     Persistent Food Price Rise   \u003cbr\u003e            •     Trade Policy and Cereal Prices   \u003cbr\u003e            •     Food Grain Management and Food Prices    \u003cbr\u003e            •     Rising Real Rural Wages    \u003cbr\u003e            •     Persistent Questions about the\u003cbr\u003e                  Sustainability of Growth    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e23.  Agricultural Price Policy, Farm Profitability\u003cbr\u003e        and Food Security  \u003cbr\u003e        \u003cstrong\u003eS. Mahendra Dev and N. Chandrasekhara Rao\u003c\/strong\u003e\u003cbr\u003e            •    Trends in Costs and Yields    \u003cbr\u003e            •    Trends in MSPs and Prices Realised by Farmers     \u003cbr\u003e            •    Relationship between Costs, Prices\u003cbr\u003e                 Realised and MSP    \u003cbr\u003e            •    Returns to Farming    \u003cbr\u003e            •    Increased Role of Price Policy     \u003cbr\u003e            •    Concluding Observations    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e24.  The National Food Security Act:\u003cbr\u003e        Challenges and Options \u003cbr\u003e        \u003cstrong\u003eAshok Gulati and Shweta Saini\u003c\/strong\u003e\u003cbr\u003e            •    The National Food Security Act (NFSA), 2013  \u003cbr\u003e            •    Targeted Public Distribution System (TPDS)\u003cbr\u003e                  Provisions of the NFSA, 2013    \u003cbr\u003e            •    Other Welfare Schemes under NFSA 2013    \u003cbr\u003e            •    Conditional Cash-Transfer Scheme     \u003cbr\u003e            •    NFSA’s Operational Challenges    \u003cbr\u003e            •    Way Forward    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e25.    Food Inflation in India: Diagnosis and Remedies       \u003cbr\u003e        \u003cstrong\u003eAshok Gulati and Shweta Saini\u003c\/strong\u003e\u003cbr\u003e            •    Backdrop    \u003cbr\u003e            •    Nature and Structure of Food Inflation    \u003cbr\u003e            •    Drivers of Food Inflation: The Diagnosis    \u003cbr\u003e            •    Remedies: Policy Options    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003ePART V\u003cbr\u003e\u003cstrong\u003eINDUSTRY, SERVICES AND INFRASTRUCTURE\u003c\/strong\u003e\u003cbr\u003e26.  Industrial Development and Policies since\u003cbr\u003e        Independence (Ed. Notes)        \u003cbr\u003e            •     Extent and Pattern of Industrialisation\u003cbr\u003e                   during the British Rule     \u003cbr\u003e            •     The Industrial Scene at Independence    \u003cbr\u003e            •     Industrial Control Regime    \u003cbr\u003e            •     The Policy Regime in the 1990s    \u003cbr\u003e            •     New Economic Policy    \u003cbr\u003e            •     Opening up to Foreign Investment    \u003cbr\u003e            •     Public Sector Reforms,\u003cbr\u003e                   Privatisation and Infrastructure \u003cbr\u003e            •     Industrial Policy Objectives for the\u003cbr\u003e                  Twelfth Plan and Beyond \u003cbr\u003e            •     Trends and Pattern of Industrial Growth  \u003cbr\u003e            •     Policy Regimes and Pattern of Growth   \u003cbr\u003e            •     Recent Industrial Growth, 2008-09 to 2013-14    \u003cbr\u003e            •     Industrial-Sector Performance Based on Revised \u003cbr\u003e                  GDP Estimates 2012-13 to 2015-16    \u003cbr\u003e            •     Why has Growth Moderated?    \u003cbr\u003e            •     Challenges Arising from Government Policies    \u003cbr\u003e            •     Micro, Small and Medium Enterprises (MSMEs)    \u003cbr\u003e            •     Status and Key Challenges    \u003cbr\u003e            •     Public Sector    \u003cbr\u003e            •     Privatisation     \u003cbr\u003e            •     Foreign Direct Investment (FDI)    \u003cbr\u003e            •     Outlook    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e27.  Industrial Performance, 1991-2008: A Review     \u003cbr\u003e      \u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003e R. Nagaraj\u003c\/strong\u003e\u003cbr\u003e            •    Introduction    \u003cbr\u003e            •    Industrial Performance After 1991-92    \u003cbr\u003e            •    Why Did the Reforms Fail to Deliver the\u003cbr\u003e                 Expected Results?    \u003cbr\u003e            •    What should be Done Now?    \u003cbr\u003e            •    Conclusions    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e28.   Industrial Development and Policies Since\u003cbr\u003e        Independence: Growth without Employment        \u003cbr\u003e        \u003cstrong\u003eK.L. Krishna\u003c\/strong\u003e\u003cbr\u003e            •    Introduction    \u003cbr\u003e            •    Policy Regimes and Pattern of Growth     \u003cbr\u003e            •    Structural Transformation of the Economy    \u003cbr\u003e            •    India’s Unique Pattern of Development    \u003cbr\u003e            •    Employment Generation in Manufacturing    \u003cbr\u003e            •    Recent Trends in Manufacturing Employment    \u003cbr\u003e            •    National Manufacturing Plan and its Progress     \u003cbr\u003e            •    Kumar’s Policy Suggestions    \u003cbr\u003e            •    Concluding Remarks     \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e29.   Public Sector Performance Since 1950:\u003cbr\u003e        A Fresh Look        \u003cbr\u003e        \u003cstrong\u003eR. Nagaraj\u003c\/strong\u003e\u003cbr\u003e            •    Public Sector Performance    \u003cbr\u003e            •    Reasons and Implications    \u003cbr\u003e            •    Conclusions    \u003cbr\u003e            •    An Update    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e30.  On Strategies for Disinvestment and Privatisation\u003cbr\u003e        \u003cstrong\u003eVijay Kelkar\u003c\/strong\u003e\u003cbr\u003e            •    Public versus Private Ownership     \u003cbr\u003e            •    Privatisation    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e31.  Of Omissions and Commissions:\u003cbr\u003e       India’s Competition Laws        \u003cbr\u003e        \u003cstrong\u003eAditya Bhattacharjea\u003c\/strong\u003e\u003cbr\u003e            •    Introduction    \u003cbr\u003e            •    The MRTP Act, 1969-2009     \u003cbr\u003e            •    The Competition Act, 2002     \u003cbr\u003e            •    Post Script (2016)     \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e32.  Small-scale Industrialisation under Globalisation:\u003cbr\u003e        Is the Tide Turning Around?     \u003cbr\u003e        \u003cstrong\u003eM.H. Bala Subrahmanya\u003c\/strong\u003e\u003cbr\u003e            •    Introduction    \u003cbr\u003e            •    Globalisation and Domestic Economic Reforms:\u003cbr\u003e                 Implications and Impact on the SSI    \u003cbr\u003e            •    SSI Performance in the Globalisation Era    \u003cbr\u003e            •    Inferences and Conclusions (in the Context\u003cbr\u003e                 of Recent Policy Initiatives)    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e33.  The Employment Problem in India\u003cbr\u003e        and the Phenomenon of the Missing Middle      \u003cbr\u003e        \u003cstrong\u003eDipak Mazumdar and Sandip Sarkar\u003c\/strong\u003e\u003cbr\u003e            •    Trends in the Industrial Structure of Employment    \u003cbr\u003e            •    Employment Growth in the Tertiary Sector\u003cbr\u003e                 in India in a Comparative Context    \u003cbr\u003e            •    Dualism in Indian Manufacturing   \u003cbr\u003e            •    Why is Dualism a Problem for\u003cbr\u003e                 Manufacturing Growth?    \u003cbr\u003e            •    Causes of the Emergence and\u003cbr\u003e                Persistence of Dualism\u003cbr\u003e            •    Conclusion \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e34.   Services in India’s Growth Process (Ed. Notes)\u003cbr\u003e            •     Introduction    \u003cbr\u003e            •     Growth and Sectoral Shares, Cross-Country\u003cbr\u003e                  Evidence and Indian Experience     \u003cbr\u003e            •     World Services Employment    \u003cbr\u003e            •     Factors Underlying the Services Growth    \u003cbr\u003e            •     India’s Services Employment    \u003cbr\u003e            •     India’s Services Trade    \u003cbr\u003e            •     Foreign Direct Investment in India’s Service Sector    \u003cbr\u003e            •     Liberalisation of Services in India    \u003cbr\u003e            •     India and Trade Negotiations in Services    \u003cbr\u003e            •     Conclusion    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e35.    Infrastructure and Economic Development (Ed. Notes)     \u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e            •     Introduction    \u003cbr\u003e            •     Strategies for Infrastructure Development    \u003cbr\u003e            •     Differences in Infrastructure Building\u003cbr\u003e                   Between India and China    \u003cbr\u003e            •     Prioritisation of Infrastructure Sectors for\u003cbr\u003e                   Development: Twelfth Five Year Plan 2012-2017    \u003cbr\u003e            •     The Way Forward    \u003cbr\u003e            •     Foreign Direct Investment into\u003cbr\u003e                  Major Infrastructure    \u003cbr\u003e            •     Infrastructure Development in India:\u003cbr\u003e                  A Macro Perspective    \u003cbr\u003e            •     Challenges and Outlook    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003ePART VI\u003cbr\u003e\u003cstrong\u003eTHE EXTERNAL SECTOR\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e36.  India’s External Sector:  Policies, Developments\u003cbr\u003e       and Issues (Ed. Notes)   \u003cbr\u003e            •     Trade Policy    \u003cbr\u003e            •     Structural Changes in India’s Foreign Trade\u003cbr\u003e                  during 1980s and 1990s    \u003cbr\u003e            •     India’s Merchandise Trade 2001 to 2015-16    \u003cbr\u003e            •     Composition of Trade    \u003cbr\u003e            •     Direction of Trade    \u003cbr\u003e            •     Trade Deficit    \u003cbr\u003e            •     Trade Policy    \u003cbr\u003e            •     Balance of Payments    \u003cbr\u003e            •     Managing Capital Flows    \u003cbr\u003e            •     External Debt    \u003cbr\u003e            •     International Comparison    \u003cbr\u003e            •     Foreign Exchange Reserves:\u003cbr\u003e                  Approach, Developments and Issues    \u003cbr\u003e            •     Foreign Exchange Rate Policy    \u003cbr\u003e            •     Exchange Rate    \u003cbr\u003e            •     Concluding Remarks   \u003c\/p\u003e\n\u003cp\u003e37. India’s New Foreign Trade Policy: Pluses and Minuses\u003cbr\u003e       \u003cstrong\u003eBiswajit Dhar\u003c\/strong\u003e\u003cbr\u003e         •  Whole-of-Government Approach \u003cbr\u003e         •  Three Issues Highlighted \u003cbr\u003e         •  SEZ Failure \u003cbr\u003e         •  Regional Trade Agreements \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e38. India’s External Sector: Do We Need to Worry? \u003cbr\u003e       \u003cstrong\u003eC. Rangarajan and Prachi Mishra\u003c\/strong\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\n\u003cbr\u003e\u003cmeta charset=\"utf-8\"\u003e\n\u003c\/h2\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cdiv\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ctable style=\"width: 100%; height: 78.3752px;\" width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e2016\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e1014\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332703759\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila (Ed.)","offers":[{"title":"Paperback \/ ENG- English \/ agriculture","offer_id":51346179129665,"sku":null,"price":1095.0,"currency_code":"INR","in_stock":true},{"title":"Paperback \/ ENG- English \/ Economics","offer_id":51346185814337,"sku":null,"price":1095.0,"currency_code":"INR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/Indianeconomy27_front.png?v=1769841940"},{"product_id":"agrivoltaics-copy-6","title":"Indian Economy Since Independence","description":"\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003ePraise for this book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\u003cem\u003ePraise for the silver jubilee edition:\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e“Uma Kapila’s 25th edition of this well-known volume contains an excellent and up-to-date collection of essays on the Indian Economy by some of the country’s leading economists, interspersed with very useful contributions by the editor herself. It will be a great boon for all students of the Indian economy…young and old.”\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e— Shankar Acharya\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e    Chief Economic Adviser to the Government of India (1993-2001)\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eSharing a piece of its history...\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003eYear 1988: Upon publication of the first edition of this book, which was originally designed for students of the University of Delhi, Prof. VKRV Rao, the legendary economist, policymaker and institution builder, thus wrote   in a letter addressed to the editor Uma Kapila:\u003c\/div\u003e\n\u003cdiv\u003e“...It will be a most unusual kind of textbook for pioneering which you deserve congratulations. I, therefore, send you   my good wishes for the success of the publication and its use by students who do Economics Honours not only in the University of Delhi but also other universities.”   \u003c\/div\u003e\n\u003cdiv\u003e\n\u003cstrong\u003e—V.K.R.V. Rao\u003c\/strong\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e“The annual edition of Dr. Uma Kapila’s Indian Economy since Independence has become a staple, annually updated, reference for University students throughout the country, for aspirants for the civil service and other examinations, and  for all those interested in a single comprehensive source of information, and analysis by a galaxy of scholars, on the Indian economy. This twenty-fifth anniversary edition marks a milestone in a remarkable journey, begun in 1988 by a revered teacher of long standing from Delhi University.” \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e—  Indira Rajaraman\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e      Member, 13th Finance Commission and \u003c\/div\u003e\n\u003cdiv\u003e      Member, India Advisory Board of the World Gold Council\u003c\/div\u003e\n\u003cdiv\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003e\u003cstrong\u003eUma Kapila,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eauthor\/editor of several other books, has taught Indian Economy to undergraduate students for over forty-two years. She retired as Reader from the Department of Economics, Miranda House, University of Delhi. Presently, she is Editorial Director, Academic Foundation.\u003c\/p\u003e\n\u003cp\u003eAn Honours Graduate from Miranda House, University of Delhi and M.A. and Ph.D. from Delhi School of Economics, Dr. Uma Kapila has also served on the Planning Commission Study Group on “Agricultural Strategies in the Eastern Region of India for the Seventh Five Year Plan” (Perspective Planning Division).\u003c\/p\u003e\n\u003cp\u003eDr. Uma Kapila is the author of the book Oilseeds Economy of India (1982) published by the Institute of Economic Growth, Delhi. She is also the author\/editor of two other textbooks on Indian economy, one meant for B.A. (Hons.) Economics, and the other for B.A.(Programme) and B.Com (Hons.) and Honours other than Economics. She has edited, and co-edited with Raj Kapila, a number of books on India’s economy, banking and finance. Detailed information on these publications is  readily available at the publisher’s website: www.academicfoundation.com \/ \u003cbr\u003ewww.academicfoundation.org\u003c\/p\u003e\n\u003cspan class=\"morecontent\"\u003e\u003cspan\u003e\u003c\/span\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h2\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eContributors\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003eArnab Acharya\u003cbr\u003eSanghmitra Acharya\u003cbr\u003ePulapre Balakrishnan\u003cbr\u003eRama Baru\u003cbr\u003eAditya Bhattacharjea\u003cbr\u003eDavid E. Bloom\u003cbr\u003eS. Mahendra Dev\u003cbr\u003eBiswajit Dhar\u003cbr\u003eAshok Gulati\u003cbr\u003eUma Kapila\u003cbr\u003eVijay Kelkar\u003cbr\u003eK.L. Krishna\u003cbr\u003eNagesh Kumar\u003cbr\u003eA.K. Shiva Kumar\u003cbr\u003eDipak Mazumdar\u003cbr\u003ePrachi Mishra\u003cbr\u003eRakesh Mohan\u003cbr\u003eK. Nagaraj\u003cbr\u003eR. Nagaraj\u003cbr\u003eArvind Panagariya\u003cbr\u003eT.S. Papola\u003cbr\u003eC. Rangarajan\u003cbr\u003eN. Chandrasekhara Rao\u003cbr\u003eTirthankar Roy\u003cbr\u003eShweta Saini\u003cbr\u003eSandip Sarkar\u003cbr\u003eAlakh N. Sharma\u003cbr\u003eM.H. Bala Subrahmanya\u003cbr\u003eJayan Jose Thomas\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003cbr\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cdiv\u003e\n\u003ch2 align=\"left\"\u003eContents in Detail\u003c\/h2\u003e\n\u003cp align=\"left\"\u003e\u003cem\u003ePreface\u003c\/em\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e\u003cem\u003eAcknowledgements\u003c\/em\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e\u003cem\u003eContributors\u003c\/em\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePart I\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePlanning, Institutional Framework,\u003cbr\u003eConstraints and  Role of the State\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e1.  Indian Economy at Independence\u003c\/p\u003e\n\u003cp align=\"left\"\u003e     \u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e2.  The Economic Legacies of Colonial Rule\u003cbr\u003e      in India: Another Look                                                               \u003c\/p\u003e\n\u003cp align=\"left\"\u003e     \u003cstrong\u003eTirthankar Roy\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e3.  Planning, Market and the State (Ed. Notes)            \u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e4.  Economic Reforms: Looking Back and Ahead                     \u003c\/p\u003e\n\u003cp align=\"left\"\u003e    \u003cstrong\u003e C. Rangarajan\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e5.  Fiscal and Budgetary Developments:\u003cbr\u003e     Prospects and Reforms (Ed. Notes)                                      \u003c\/p\u003e\n\u003cp align=\"left\"\u003e6.  Demography and Development (Ed. Notes)                                                                   \u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e7.  Population Dynamics in India and\u003cbr\u003e     Implications for Economic Growth                                      \u003c\/p\u003e\n\u003cp align=\"left\"\u003e     \u003cstrong\u003eDavid E. Bloom\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePart II\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eGrowth and Structural Change since 1950\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e8.  Growth and Structural Change\u003cbr\u003e     Since 1950 (Ed. Notes)                                                           \u003c\/p\u003e\n\u003cp align=\"left\"\u003e              \u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e9.  The Recovery of India: Economic Growth\u003cbr\u003e      in the Nehru Era                                                                      \u003c\/p\u003e\n\u003cp align=\"left\"\u003e      \u003cstrong\u003ePulapre Balakrishnan\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e         \u003c\/p\u003e\n\u003cp align=\"left\"\u003e10.  Pressing the Indian Growth Accelerator:\u003cbr\u003e       Policy Imperative                                                        \u003c\/p\u003e\n\u003cp align=\"left\"\u003e       \u003cstrong\u003eRakesh Mohan and Muneesh Kapur\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e         \u003c\/p\u003e\n\u003cp align=\"left\"\u003e11.  Growth and Investment: The Interlinks                               \u003c\/p\u003e\n\u003cp align=\"left\"\u003e      \u003cstrong\u003e C. Rangarajan\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e12.  India on the Growth Turnpike:\u003cbr\u003e       No State Left Behind                                                              \u003c\/p\u003e\n\u003cp align=\"left\"\u003e       \u003cstrong\u003eArvind Panagariya\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePart III\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eDistributional Issues:\u003cbr\u003ePoverty, Inequality, Malnutrition and Unemployment\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e13.  Assessment of the Growth Experience:\u003cbr\u003e      Poverty, Inequality and Unemployment (Ed. Notes)                \u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e14.  Report of the Expert Group to Review the\u003cbr\u003e       Methodology for Measurement of Poverty:\u003cbr\u003e       Executive Summary                                                                 \u003c\/p\u003e\n\u003cp align=\"left\"\u003e      \u003cstrong\u003eRangarajan Committee Report\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e15.  Counting the Poor: Measurement and\u003cbr\u003e       Other Issues                                                                             \u003c\/p\u003e\n\u003cp align=\"left\"\u003e      \u003cstrong\u003e C. Rangarajan and S. Mahendra Dev\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e16.  Inequities in Access to Health Services in India:\u003cbr\u003e       Caste, Class and Region                                                          \u003c\/p\u003e\n\u003cp align=\"left\"\u003e       \u003cstrong\u003eRama Baru, Arnab Acharya, Sanghmitra Acharya,\u003cbr\u003e       A.K. Shiva Kumar and K. Nagaraj\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e17.  Labour and Employment in Fast Growing India:\u003cbr\u003e       Issues of Employment and Inclusiveness                            \u003c\/p\u003e\n\u003cp align=\"left\"\u003e      \u003cstrong\u003eT.S. Papola and Alakh N. Sharma\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e              \u003c\/p\u003e\n\u003cp align=\"left\"\u003e18.  India’s Labour Market During the 2000s\u003cbr\u003e       Surveying the Changes\u003c\/p\u003e\n\u003cp align=\"left\"\u003e      \u003cstrong\u003eJayan Jose Thomas\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePart IV\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eAgriculture\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e19.  Indian Agriculture: Developments, Issues,\u003cbr\u003e       Policies and Agenda for Reforms (Ed. Notes)         \u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e20.  The Context and Conundrums of\u003cbr\u003e       Contemporary Agriculture                                                     \u003c\/p\u003e\n\u003cp align=\"left\"\u003e      \u003cstrong\u003eWorld Bank Group\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e21.  Agricultural Price Policy, Farm Profitability\u003cbr\u003e       and Food Security                                                                    \u003c\/p\u003e\n\u003cp align=\"left\"\u003e     \u003cstrong\u003e S. Mahendra Dev and N. Chandrasekhara Rao\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e       \u003c\/p\u003e\n\u003cp align=\"left\"\u003e22.  Food Inflation in India: Diagnosis and Remedies              \u003c\/p\u003e\n\u003cp align=\"left\"\u003e     \u003cstrong\u003e Ashok Gulati and Shweta Saini\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePart V\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eIndustry, Services and Infrastructure\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e23.  Industrial Development and Policies since\u003cbr\u003e       Independence (Ed. Notes)                                                      \u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e24.  Industrial Performance, 1991-2008: A Review                   \u003c\/p\u003e\n\u003cp align=\"left\"\u003e       \u003cstrong\u003eR. Nagaraj\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e25.  Industrial Development and Policies Since\u003cbr\u003e       Independence: Growth without Employment         \u003c\/p\u003e\n\u003cp align=\"left\"\u003e     \u003cstrong\u003e  K.L. Krishna\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e26.  On Strategies for Disinvestment and Privatisation                                                                             \u003c\/p\u003e\n\u003cp align=\"left\"\u003e       \u003cstrong\u003eVijay Kelkar\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e27.  Of Omissions and Commissions:\u003cbr\u003e       India’s Competition Laws                                                      \u003c\/p\u003e\n\u003cp align=\"left\"\u003e     \u003cstrong\u003e Aditya Bhattacharjea\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e28.  Small-scale Industrialisation under Globalisation:\u003cbr\u003e       Is the Tide Turning Around?                                                  \u003c\/p\u003e\n\u003cp align=\"left\"\u003e    \u003cstrong\u003e  M.H. Bala Subrahmanya\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e         \u003c\/p\u003e\n\u003cp align=\"left\"\u003e29.  The Employment Problem in India and the\u003cbr\u003e       Phenomenon of the Missing Middle                                    \u003c\/p\u003e\n\u003cp align=\"left\"\u003e     \u003cstrong\u003e Dipak Mazumdar and Sandip Sarkar\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e30.  Services in India’s Growth Process (Ed. Notes)                  \u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e31.  Infrastructure and Economic Development\u003cbr\u003e       (Ed. Notes)                                                                               \u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePart VI\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eThe External Sector\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e32.  India’s External Sector:  Policies, Developments\u003cbr\u003e       and Issues (Ed. Notes)                                                            \u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e33.  India’s New Foreign Trade Policy:\u003cbr\u003e       Pluses and Minuses                                                                 \u003c\/p\u003e\n\u003cp align=\"left\"\u003e      \u003cstrong\u003eBiswajit Dhar\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e34.  India’s External Sector: Do We Need to Worry?                 \u003c\/p\u003e\n\u003cp align=\"left\"\u003e      \u003cstrong\u003eC. Rangarajan and Prachi Mishra\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e35.  Foreign Direct and Portfolio Investments\u003cbr\u003e       Flows and Development:\u003cbr\u003e       A Perspective on Indian Experience                                     \u003c\/p\u003e\n\u003cp align=\"left\"\u003e    \u003cstrong\u003e  Nagesh Kumar\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003cp align=\"left\"\u003e36.  India and the WTO (Ed. Notes)                                             \u003c\/p\u003e\n\u003cp align=\"left\"\u003e       \u003c\/p\u003e\n\u003cp align=\"left\"\u003e37.  Indian Economy Today: An Overview and\u003cbr\u003e       Comparative Perspective                                                       \u003c\/p\u003e\n\u003cp align=\"left\"\u003e      \u003cstrong\u003eUma Kapila\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp align=\"left\"\u003e \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\n\u003cbr\u003e\u003cmeta charset=\"utf-8\"\u003e\n\u003c\/h2\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cdiv\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ctable width=\"100%\" style=\"width: 100%; height: 78.3752px;\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e2017\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e972\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332704329\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila (Ed.)","offers":[{"title":"Paperback \/ ENG- English \/ Economics","offer_id":51346299355457,"sku":null,"price":1095.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/Indianeconomy28_front.png?v=1769843849"},{"product_id":"india-alive-copy-copy","title":"Indian Economy Since Independence","description":"\u003cdiv\u003e\n\u003ch2\u003e\u003cspan\u003eReviews\u003c\/span\u003e\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003e“Kapila’s list of contributing authors reads like a who’s who of Indian economic policy-makers... and... eminent academic economists... What Kapila’s book shows is the richness of the analysis of the Indian economy that an undergraduate student is privileged to be exposed to... Kapila’s volume includes essays that record both the upside and the downside of the Indian growth story... rightly ends with an emphasis on the importance of investment in human capabilities for a country of young people.”\u003cbr\u003e    \u003cstrong\u003e— Sanjaya Baru, \u003c\/strong\u003e\u003cbr\u003e        director for Geo-Economics and Strategy at\u003c\/p\u003e\n\u003cp\u003e        the International Institute of Strategic Studies\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e“The annual edition of Dr. Uma Kapila’s Indian Economy since  Independence has become a staple, annually updated, reference for University students throughout the country, for aspirants for the civil service and other examinations, and  for all those interested in a single comprehensive source of information, and analysis by a galaxy of scholars, on the Indian economy. This twenty-fifth anniversary edition marks a milestone in a remarkable journey, begun in 1988 by a revered teacher of long standing from Delhi University.” \u003cbr\u003e\u003cstrong\u003e    — Indira Rajaraman\u003c\/strong\u003e\u003cbr\u003e        Former Member, 13th Finance Commission and\u003c\/p\u003e\n\u003cp\u003e       presently Member, Central Board of Reserve Bank of India\u003c\/p\u003e\n\u003cspan class=\"morecontent\"\u003e\u003cspan\u003e\u003c\/span\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003ePraise for this book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003e“Uma Kapila’s 25th edition of this well-known volume contains an excellent and up-to-date collection of essays on the Indian Economy by some of the country’s leading economists, interspersed with very useful contributions by the editor herself. It will be a great boon for all students of the Indian economy…young and old.”\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e    — Shankar Acharya\u003c\/strong\u003e\u003cbr\u003e        Chief Economic Adviser to the\u003cbr\u003e        Government of India (1993-2001)\u003c\/p\u003e\n\u003cspan class=\"morecontent\"\u003e\u003cspan\u003e\u003c\/span\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003e\u003cstrong\u003eDr. Uma Kapila\u003c\/strong\u003e, author\/editor of several books on Indian economy, retired as Reader, Department of Economics, Miranda House, University of Delhi. She has taught Indian economy to undergraduate students for more than 42 years. Currently, she is Senior Editor, Academic Foundation.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch1 class=\"d_normalheder\"\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h1\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eContributors\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003eArnab Acharya\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eSanghmitra Acharya\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eMontek S. Ahluwalia\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003ePulapre Balakrishnan\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eRama Baru\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eKaushik Basu\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eAditya Bhattacharjea\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eAngus Deaton\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eBipin K. Deokar\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eJean Drèze\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eS. Mahendra Dev\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eTim Dyson\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eAshok Gulati\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eK. Kanagasabapathy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eUma Kapila\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eVijay Kelkar\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eK.L. Krishna\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eR. Krishnaswamy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eNagesh Kumar\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eA.K. Shiva Kumar\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eDipak Mazumdar\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003ePrachi Mishra\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eRakesh Mohan\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eK. Nagaraj\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eR. Nagaraj\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eArvind Panagariya\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eManoj Panda\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eT.S. Papola\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eC. Rangarajan\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eN. Chandrasekhara Rao\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eTirthankar Roy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eShweta Saini\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eSandip Sarkar\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eAlakh N. Sharma\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eS.L. Shetty\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eManmohan Singh\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003eM.H. Bala Subrahmanya\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003eVishakha G. Tilak\u003c\/p\u003e\n\u003cspan class=\"morecontent\"\u003e\u003cspan\u003e\u003c\/span\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cbr\u003e\u003c\/h2\u003e\n\u003ch2 class=\"glossymenu\"\u003eContents in Detail\u003c\/h2\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003ca class=\"menuitem submenuheader\" href=\"http:\/\/academicfoundation.org\/#\"\u003e\u003cspan class=\"accordsuffix\"\u003e\u003c\/span\u003e\u003c\/a\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cp\u003e\u003cem\u003ePreface\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cem\u003eAcknowledgements\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cem\u003eContributors\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003ePart I : Planning, Institutional Framework, \u003cbr\u003e            Constraints and  Role of the State\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e1.Indian Economy at Independence  \u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003e \u003cbr\u003e   Uma Kapila\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e      •The Colonial Regime\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      •The India of 1947\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      •The Agrarian Scene\u003c\/p\u003e\n\u003cp\u003e    \u003cbr\u003e      •The State of Indian Industry \u003cbr\u003e        and its Structure\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      •The Planning Era\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e2.The Economic Legacies of Colonial Rule \u003cbr\u003e    in India: Another Look\u003c\/strong\u003e\u003cbr\u003e    Tirthankar Roy\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e      • Linking Empire with Development:\u003cbr\u003e         The Old Theory\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Linking Empires with Development:\u003cbr\u003e         The New Trends\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • What Kind of a State Was the Raj?\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Benefits and Costs of Colonialism\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Policy and Ideology after 1947\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Conclusions: Economic \u003cbr\u003e         Legacies of Colonialism\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e3.Planning, Market and the State \u003cbr\u003e   (Ed. Notes)\u003c\/strong\u003e\u003cbr\u003e    \u003cbr\u003e      • Structural Constraints and \u003cbr\u003e         the Development Strategy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Role of the State as Visualised\u003cbr\u003e         in the Fifties \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Evolution of Strategy and \u003cbr\u003e         Priorities \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Changing Perceptions\u003c\/p\u003e\n\u003cp\u003e \u003cbr\u003e      • Role of Planning in a Market \u003cbr\u003e         Economy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Redefining the Role of State\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • The Government, the State \u003cbr\u003e         and the Market\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Relevance of Planning Commission\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • NITI Aayog: Role and Functions\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e4.Twelfth Five Year Plan: Faster, More \u003cbr\u003e   Inclusive and Sustainable Growth    \u003c\/strong\u003e\u003cbr\u003e   Manmohan Singh\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e5.Fiscal and Budgetary Developments: \u003cbr\u003e   Prospects and Reforms (Ed. Notes) \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e      • Introduction\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Recent Fiscal Performance\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Medium-Term Strategy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Conclusions\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e6.Demographic Constraint: Population \u003cbr\u003e   Change and Economic Development \u003cbr\u003e   (Ed. Notes) \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e      • Introduction \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Economic Development and \u003cbr\u003e         Population Growth \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • The Microeconomic Theory \u003cbr\u003e         of Fertility \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Population Trends\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Gender Equity and the Demographic \u003cbr\u003e         Transition\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Population Policy since 1947\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • National Population Policy, 2000\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Human Resource Development\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Public Expenditure and Education\u003cbr\u003e         Policy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Health Care as a Social Responsibility\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Human Development: International \u003cbr\u003e         Comparison\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Disparities and Divides\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Tamil Nadu: The Success Story\u003c\/p\u003e\n\u003cp\u003e    \u003cbr\u003e      • The Future\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Demographic Dividend and \u003cbr\u003e         Related Policy Interventions\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e7.India’s Demographic Transition and \u003cbr\u003e   its Consequences for Development    \u003c\/strong\u003e\u003cbr\u003e   Tim Dyson\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e      •India’s Demographic Transition \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      •Urbanisation\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      •The Future\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      •Discussion\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePart II : Growth and Structural \u003cbr\u003e             Change since 1950\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e8.Growth and Structural Change\u003cbr\u003e   Since 1950 (Ed. Notes)\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • The Performance\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • India’s Growth Turnaround\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Recent Growth Record\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Aggregate Demand\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Factor Shares in GVA\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Priorities for Reviving Growth\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Reform Agenda\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Performance on Inclusiveness\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • The Need for Faster Growth\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Human Development\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Growth and Structural Change\u003c\/p\u003e\n\u003cp\u003e    \u003cbr\u003e      • Sectoral Growth Trends\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Growth and Sectoral Shares, Cross-\u003cbr\u003e         Country Evidence and Indian Experience \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Inter-Regional Disparities in Growth \u003cbr\u003e         and Development\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • The Way Ahead\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Growth Prospect: An Assessment\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Sustainable Development and \u003cbr\u003e         Climate Change\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e9.The Recovery of India: Economic \u003cbr\u003e   Growth in the Nehru Era\u003c\/strong\u003e\u003cbr\u003e   Pulapre Balakrishnan\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e      • Introduction\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Nehru-Mahalanobis Strategy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • A Record of Growth in the \u003cbr\u003e         Nehru Era\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Caricature of a Vision: Through\u003cbr\u003e         a Glass, Darkly\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e      • Conclusions\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e10.Macroeconomic Overview: The \u003cbr\u003e     Growth Story\u003c\/strong\u003e\u003cbr\u003e     Manoj Panda\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Introduction\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •National Income Growth\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Other Macroeconomic \u003cbr\u003e         Developments\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Growth Prospect: An Assessment \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e11.Growth Record of the Indian Economy, \u003cbr\u003e     1950-2008: A Story of Sustained Savings \u003cbr\u003e     and Investment\u003c\/strong\u003e\u003cbr\u003e     Rakesh Mohan\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •A Review of the Indian Growth \u003cbr\u003e         Process \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Prospects for the Next Five Years \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Issues and Challenges \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e12.Growth and Investment: The Interlinks  \u003cspan\u003e \u003c\/span\u003e\u003c\/strong\u003e \u003cbr\u003e     C. Rangarajan\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Behaviour of Saving\u003c\/p\u003e\n\u003cp\u003e    \u003cbr\u003e       •Behaviour of Investment\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •The Way Forward\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e13.Prospects and Policy Challenges \u003cbr\u003e     in the Twelfth Plan\u003c\/strong\u003e\u003cbr\u003e     Montek S. Ahluwalia\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Review of Recent Performance \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Growth Prospects for the \u003cbr\u003e         Twelfth Plan\u003c\/p\u003e\n\u003cp\u003e    \u003cbr\u003e       •Some Critical Policy Challenges\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Conclusions\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Growth Performance and \u003cbr\u003e         Prospects: An Update\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Inclusiveness of Growth\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Policy Challenges\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e14.India on the Growth Turnpike: \u003cbr\u003e     No State Left Behind\u003c\/strong\u003e\u003cbr\u003e    Arvind Panagariya\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Growth: No State Left Behind\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Poverty: Progress Everywhere\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Smaller and Newer States and Union\u003cbr\u003e         Territories\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Conclusions\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePart III : Distributional Issues: Poverty, Inequality,\u003cbr\u003e               Malnutrition and Unemployment\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e15.Assessment of the Growth Experience: \u003cbr\u003e     Poverty, Inequality and Unemployment \u003cbr\u003e     (Ed. Notes)    \u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       • Poverty and Unemployment\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Poverty Estimates\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Poverty and Inclusive Growth\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Inequality\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Urban Inequality After Economic \u003cbr\u003e          Reforms\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Employment\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Employment, Unemployment and \u003cbr\u003e          Labour Force Dynamics\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Underemployment: A Continuing \u003cbr\u003e          Characteristic of Employment\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Characteristics and Structure of \u003cbr\u003e          the Indian Labour Market\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Trends and Patterns of Employment\u003cbr\u003e          Growth\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Summing Up: Key Features of the \u003cbr\u003e          Employment Situation\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Labour Market Reforms Would Help\u003cbr\u003e          Boost Employment Creation\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Public Employment Programme for \u003cbr\u003e          the Unorganised Workers: The Case\u003cbr\u003e          of NREGA\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • The Performance\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Success Stories\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Policy Agenda\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Employment Perspective\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Skill Development: The \u003cbr\u003e          Challenge\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e16.Poverty and Inequality in India: A \u003cbr\u003e     Re-Examination\u003c\/strong\u003e\u003cbr\u003e     Angus Deaton and Jean Drèze\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Economic Inequality in the 1990s\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Qualifications and Concerns\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Beyond Poverty Indexes\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e17.Counting the Poor: Measurement \u003cbr\u003e     and Other Issues\u003c\/strong\u003e\u003cbr\u003e     C. Rangarajan and S. Mahendra Dev\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       • Clarifications on Issues\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • What is New?\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Use of Calories\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Multidimensional Poverty\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Higher Urban Poverty\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • NAS-NSS Consumption Differences\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Poverty Measures in Other Countries\u003c\/p\u003e\n\u003cp\u003e    \u003cbr\u003e       • Public Expenditure and Poverty\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Poverty Ratio for Eligibility under \u003cbr\u003e          Programmes\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e18.Inequities in Access to Health Services \u003cbr\u003e     in India: Caste, Class and Region\u003c\/strong\u003e\u003cbr\u003e     Rama Baru, Arnab Acharya, Sanghmitra \u003cbr\u003e     Acharya, A.K. Shiva Kumar and K. Nagaraj\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       • Determinants of Health Inequities\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Features of Health Service Provisioning\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Inequities in Access to Health Services\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Factors Affecting Equity in Access \u003cbr\u003e          to Health Services\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Equity Enhancing Initiatives\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • The Way Forward\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e19.Labour and Employment in Fast Growing India:\u003cbr\u003e     Issues of Employment and Inclusiveness\u003c\/strong\u003e\u003cbr\u003e     T.S. Papola and Alakh N. Sharma\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Introduction\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Some Characteristics of the Indian \u003cbr\u003e         Labour Market\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Trend and Pattern of Employment \u003cbr\u003e         Growth\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Impact of Global Financial 2008 Crisis on \u003cbr\u003e         Indian Labour Market and Employment\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Quality of Employment and Disparities\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Increasing Labour Flexibility and \u003cbr\u003e         Erosion of Labour Rights\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Conclusion and Policy Agenda\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e20.China and India: Idiosyncratic Paths \u003cbr\u003e     to High Growth\u003c\/strong\u003e\u003cbr\u003e     Kaushik Basu\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       • Introduction\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Economic Growth: Core\u003cbr\u003e          Factors\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • The Asian Theatre\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • China and India: What Were\u003cbr\u003e          the Triggers?\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Notes on Markets and Interventions\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePart IV : Agriculture\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e21.Indian Agriculture: Developments, \u003cbr\u003e     Issues, Policies and Agenda for Reforms \u003cbr\u003e     (Ed. Notes)\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       \u003cbr\u003e       • Introduction\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Linkages between Agriculture\u003cbr\u003e          and Other Sectors\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • The Institutional Context\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • The New Technology\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Three Phases of Green \u003cbr\u003e          Revolution\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Reform Period, 1991 to the \u003cbr\u003e          Present\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Deceleration in Agriculture Growth\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Long-term Performance, and What \u003cbr\u003e          could be Holding Back Indian Agriculture\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Major Factors Affecting the \u003cbr\u003e         Growth Potential\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • National Policy for Farmers, 2007\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Emerging Imbalances \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Cereals Production and Build up\u003cbr\u003e          of Stocks\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Secondary Agriculture: A Driver for \u003cbr\u003e          Growth of Primary Agriculture\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Reforming the Three ‘I’s: Investments,\u003cbr\u003e          Incentives, and Institutions\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Food Management\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Public Distribution System (PDS) \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Food Subsidy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Food Security\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Agricultural Price Policy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Challenges and Outlook\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e22.Agricultural Development in India:\u003cbr\u003e     Performance, Issues and Policies    \u003c\/strong\u003e\u003cbr\u003e     S. Mahendra Dev\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Performance of Agriculture\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Policies Since Independence\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Issues and Policies for Higher Growth, \u003cbr\u003e         Equity and Sustainability\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Conclusion\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e23.Growth in Indian Agriculture: Responding\u003cbr\u003e     to Policy Initiatives since 2004-05\u003c\/strong\u003e\u003cbr\u003e     Bipin K. Deokar and S.L. Shetty\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Policy Initiatives\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Improved Private Investment\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Positive Outcomes\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Production Trends: Food Grains\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Quantum Leap in Productivity\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Impressive Diversification\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e24.Agricultural Price Policy, Farm \u003cbr\u003e     Profitability and Food Security\u003c\/strong\u003e\u003cbr\u003e     S. Mahendra Dev and N. Chandrasekhara Rao\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Trends in Costs and Yields\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Trends in MSPs and Prices Realised\u003cbr\u003e         by Farmers \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Relationship between Costs, Prices \u003cbr\u003e         Realised and MSP\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Returns to Farming\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Increased Role of Price Policy \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Concluding Observations\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e25.The National Food Security Act: \u003cbr\u003e     Challenges and Options    \u003c\/strong\u003e\u003cbr\u003e     Ashok Gulati and Shweta Saini\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •The National Food Security Act \u003cbr\u003e         (NFSA), 2013\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Targeted Public Distribution System \u003cbr\u003e         (TPDS) Provisions of the NFSA, 2013\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Other Welfare Schemes under \u003cbr\u003e         NFSA 2013\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Conditional Cash-Transfer Scheme \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •NFSA’s Operational Challenges\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Way Forward\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e26.Food Inflation in India: Diagnosis \u003cbr\u003e     and Remedies    \u003c\/strong\u003e\u003cbr\u003e     Ashok Gulati and Shweta Saini\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Backdrop\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Nature and Structure of Food \u003cbr\u003e         Inflation\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Drivers of Food Inflation: \u003cbr\u003e         The Diagnosis\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Remedies: Policy Options\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePart V : Industry, Services and Infrastructure\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e27.Industrial Development and \u003cbr\u003e     Policies since Independence \u003cbr\u003e     (Ed. Notes)\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       • Extent and Pattern of Industrialisation\u003cbr\u003e          During the British Rule \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • The Industrial Scene at Independence\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Industrial Control Regime\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • The Policy Regime in the 1990s\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • New Economic Policy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Opening up to Foreign Investment\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Public Sector Reforms, Privatisation\u003cbr\u003e          and Infrastructure \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Industrial Policy Objectives for \u003cbr\u003e          the Twelfth Plan and Beyond\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Industrial Growth \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Industrial Growth in the 1990s \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • The Manufacturing Slowdown \u003cbr\u003e          (1996-2002)\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Factors Causing the Industrial \u003cbr\u003e          Slowdown: Some Hypotheses\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Productivity Trends in the \u003cbr\u003e          Manufacturing Sector\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Recovery in Industrial Growth\u003cbr\u003e          Since 2002-03\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • The Slowdown During 2007-08 \u003cbr\u003e          and 2008-09\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Recent Industrial Growth, 2008-09 \u003cbr\u003e          to 2013-14\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • IIP-Based Industrial Performance\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Industrial-sector Performance \u003cbr\u003e          Based on Revised GDP Estimates\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Performance of Eight Core Industries\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Why has Growth Moderated?\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Challenges Arising from Government\u003cbr\u003e          Policies\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Micro, Small and Medium Enterprises \u003cbr\u003e          (MSMEs)\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Status and Key Challenges\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Public Sector\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Privatisation \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Foreign Direct Investment (FDI)\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • FDI Policy Changes Announced \u003cbr\u003e          in the Budget 2014-15\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Outlook    \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e28.Industrial Performance, 1991-2008: \u003cbr\u003e     A Review    \u003c\/strong\u003e\u003cbr\u003e     R. Nagaraj\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Introduction\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Industrial Performance After 1991-92\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Why Did the Reforms Fail to Deliver \u003cbr\u003e         the Expected Results?\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •What Should Be Done Now?\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Conclusions\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e29.Industrial Development and Policies \u003cbr\u003e     Since Independence: Growth without\u003cbr\u003e     Employment\u003c\/strong\u003e\u003cbr\u003e     K.L. Krishna\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Introduction\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Policy Regimes and Pattern \u003cbr\u003e         of Growth\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Structural Transformation \u003cbr\u003e         of the Economy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •India’s Unique Pattern of\u003cbr\u003e         Development\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Employment Generation in\u003cbr\u003e         Manufacturing\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Recent Trends in Manufacturing \u003cbr\u003e         Employment\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •National Manufacturing Plan \u003cbr\u003e         and its Progress \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Kumar’s Policy Suggestions\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Concluding Remarks \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e30.Public Sector Performance Since \u003cbr\u003e    1950: A Fresh Look\u003c\/strong\u003e\u003cbr\u003e     R. Nagaraj\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Public Sector Performance\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Reasons and Implications\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Conclusions\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •An Update\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e31.On Strategies for Disinvestment \u003cbr\u003e     and Privatisation    \u003c\/strong\u003e\u003cbr\u003e     Vijay Kelkar\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Public versus Private Ownership \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Privatisation\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e32.Of Omissions and Commissions:\u003cbr\u003e     India’s Competition Laws\u003c\/strong\u003e\u003cbr\u003e     Aditya Bhattacharjea\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Introduction\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •The MRTP Act, 1969-2009 \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •The Competition Act, 2002 \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Post Script (2014) \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e33.Small-scale Industrialisation under \u003cbr\u003e     Globalisation: Is the Tide Turning \u003cbr\u003e     Around?\u003c\/strong\u003e\u003cbr\u003e     M.H. Bala Subrahmanya\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Introduction\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Globalisation and Domestic Economic \u003cbr\u003e         Reforms: Implications and Impact on \u003cbr\u003e         the SSI\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •SSI Performance in the Globalisation Era\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Inferences and Conclusions (in the \u003cbr\u003e         Context of Recent Policy Initiatives)\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e34.The Employment Problem in India and\u003cbr\u003e     the Phenomenon of the Missing Middle    \u003c\/strong\u003e\u003cbr\u003e     Dipak Mazumdar and Sandip Sarkar\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Trends in the Industrial Structure \u003cbr\u003e         of Employment\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Employment Growth in the Tertiary \u003cbr\u003e        Sector in India in a Comparative Context\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Dualism in Indian Manufacturing\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Why is Dualism a Problem for \u003cbr\u003e         Manufacturing Growth?\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Causes of the Emergence and \u003cbr\u003e        Persistence of Dualism\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Conclusion\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e35.Services in India’s Growth Process \u003cbr\u003e     (Ed. Notes\u003c\/strong\u003e)\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       • Introduction\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Growth and Sectoral Shares,Cross-\u003cbr\u003e          Country Evidence and Indian Experience\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • World Services Employment\u003c\/p\u003e\n\u003cp\u003e    \u003cbr\u003e       • World Services Trade\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Factors Underlying the Services\u003cbr\u003e          Growth\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • India’s Services Employment\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • India’s Services Trad\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Foreign Direct Investment in \u003cbr\u003e          India’s Service Sector\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Challenges\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e36.Infrastructure and Economic \u003cbr\u003e     Development (Ed. Notes)\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       • Introduction\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Strategies for Infrastructure \u003cbr\u003e          Development\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Differences in Infrastructure \u003cbr\u003e          Building Between India and China\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Prioritisation of Infrastructure Sectors\u003cbr\u003e          for Development: Twelfth Five Year \u003cbr\u003e          Plan 2012-2017\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • The Way Forward\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Foreign Direct Investment into\u003cbr\u003e          Major Infrastructure\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Infrastructure Development In \u003cbr\u003e         India: A Macro Perspective\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Challenges and Outlook\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003ePart VI : The External Sector\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e37.India’s External Sector:  Policies, \u003cbr\u003e     Developments and Issues (Ed. Notes)\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       • Trade Policy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Structural Changes in India’s \u003cbr\u003e          Foreign Trade During 1980s \u003cbr\u003e          and 1990s\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • India’s Merchandise Trade 2001-02\u003cbr\u003e          to 2013-14\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Trade Deficit\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Direction of Trade\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Special Economic Zones\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Bilateral and Regional Trade\u003cbr\u003e          Agreements\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Challenges and Outlook\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Balance of Payments\u003c\/p\u003e\n\u003cp\u003e    \u003cbr\u003e       • Managing Capital Flows\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • External Debt\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • International Comparison\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Foreign Exchange Reserves: \u003cbr\u003e          Approach, Developments and\u003cbr\u003e          Issues\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Foreign Exchange Rate Policy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Exchange Rate Management\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Concluding Remarks\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e38.A Rethink on India’s Foreign \u003cbr\u003e     Trade Policy\u003c\/strong\u003e\u003cbr\u003e     K. Kanagasabapathy, Vishakha \u003cbr\u003e     G. Tilak and R. Krishnaswamy\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •India’s Place in Global Trade\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Direction and Composition\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Strategic Rethink\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e39.India’s External Sector: Do We\u003cbr\u003e     Need to Worry? \u003c\/strong\u003e\u003cbr\u003e     C. Rangarajan and Prachi Mishra\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •Introduction\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •External Sector Reforms\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •External Sector Performance \u003cbr\u003e         Since 1991\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Some Analytical Issues\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Way Forward\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e40.Foreign Direct and Portfolio Investments\u003cbr\u003e     Flows and Development: A Perspective \u003cbr\u003e     on Indian Experience\u003c\/strong\u003e\u003cbr\u003e     Nagesh Kumar\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       •The Context\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Evolution of Policy Regime \u003cbr\u003e         Towards FDI and FPIs in India\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Foreign Direct Investment Flows\u003cbr\u003e         and Their Quality\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •FPI Inflows and Their Impact\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •India as an Emerging Source\u003cbr\u003e         of FDI Outflows\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       •Concluding Remarks and \u003cbr\u003e         Policy Lessons\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e41.India and the WTO (Ed. Notes)\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       • World Trade Organization\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • India and the WTO\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • India’s Participation in WTO \u003cbr\u003e          Meetings\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • WTO Negotiations and India\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e42.Indian Economy Today: Overview \u003cbr\u003e     and Comparative Perspective\u003c\/strong\u003e\u003cbr\u003e     Uma Kapila\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e       • Macroeconomic Management \u003cbr\u003e          and Policy Reforms\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Outlook for Growth\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • External Sector\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Comparisons with the \u003cbr\u003e          Non-African Poor\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • India’s Decline in South Asia\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • India Among the BRIC\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e       • Conclusion\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003ctable style=\"width: 100%; height: 78.3752px;\" width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e2015\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e1112\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332703186\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila (Ed.)","offers":[{"title":"Paperback \/ ENG- English \/ Economics","offer_id":51346918932801,"sku":null,"price":1095.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/Indianeconomy26_front.png?v=1769852617"},{"product_id":"indian-economy-since-independence-34th-edition-2023-24-copy-1","title":"Indian Economy","description":"\u003ch2\u003eAbout the Book\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\n\u003cmeta charset=\"utf-8\"\u003e\n\u003cdiv\u003e\n\u003cp\u003eHERE’s the new, 16th Edition of the widely accepted textbook\u003cbr\u003e(Indian economy paper) for B.Com (Hons.) based on new guidelines (restructured course), incorporating the latest readings recommened by the Department of Economics, University of Delhi.\u003cbr\u003eThe book provides a comprehensive coverage of Indian economy under five sections:\u003cbr\u003eI.Basic Issues in economic development: institutional framework and policy regimes;\u003cbr\u003eII.Growth and distributional issues: poverty, inequality and employment;\u003cbr\u003eIII.Current perspectives in Indian agriculture: growth, productivity, constraints and pricing;\u003cbr\u003eIV.Industry and services sector;\u003cbr\u003eV.Financial sector and the external sector.\u003cbr\u003eThe author Dr. Uma Kapila has specially designed this book based on the original readings recommended for the new course, some of these being available in her edited books: Indian Economy Since Indepen-dence, 26th Ed. 2015-16 and Two Decades of Economic Reforms, 2012.\u003cbr\u003eIn the present volume, the author has made an effort to keep the language simple without compromising the effectiveness of the argument or diluting the analyses. The book also carries a compre-hensive Glossary. Apart from undergraduate students, the book is widely used by students preparing for the IAS and other competitive examinations.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h2\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003e\u003cstrong\u003eDr. Uma Kapila\u003c\/strong\u003e, author\/editor of several books on Indian economy, retired as Reader, Department of Economics, Miranda House, University of Delhi. She has taught Indian economy to undergraduate students for more than 42 years. Currently, she is Senior Editor, Academic Foundation.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003ch2 class=\"glossymenu\"\u003eContents in Detail\u003c\/h2\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003ca class=\"menuitem submenuheader\" href=\"http:\/\/academicfoundation.org\/#\"\u003e\u003cspan class=\"accordsuffix\"\u003e\u003c\/span\u003e\u003c\/a\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cp\u003e\u003cem\u003eContents\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003ePreface\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSection - I Economic Development in \u003cbr\u003e              Post-Independence India\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003eBasic Issues in Economic Development:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e1.Economic Development and\u003cbr\u003e   Under Development\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e   –Introduction\u003cbr\u003e   –What Does Development Mean\u003cbr\u003e   –Economic Growth and Economic \u003cbr\u003e     Development\u003cbr\u003e   –The New View of Economic Development\u003cbr\u003e      •Development as a Multi-dimensional \u003cbr\u003e        Process\u003cbr\u003e      •Three Core Values of Development\u003cbr\u003e   –Development, Freedom and Opportunities\u003cbr\u003e   –The Three Objectives of Development\u003cbr\u003e   –The Millennium Development Goals\u003cbr\u003e   –Developed and Underdeveloped Countries\u003cbr\u003e   –Defining the Developing World\u003cbr\u003e   –Characteristics of the Developing World:\u003cbr\u003e     Diversity within Commonality\u003cbr\u003e      •Lower Levels of Living and Productivity\u003cbr\u003e      •Lower Levels of Human Capital    \u003cbr\u003e      •High Rate of Population Growth and \u003cbr\u003e        Dependency Burden\u003cbr\u003e      •Higher Levels of Inequality and Absolute\u003cbr\u003e        Poverty\u003cbr\u003e      •Greater Social Fractionalisation\u003cbr\u003e      •Larger Rural Populations but Rapid \u003cbr\u003e        Rural-to-Urban Migration\u003cbr\u003e      •Substantial Dependence on Agricultural \u003cbr\u003e        Production and Lower Levels of \u003cbr\u003e        Industrialisation\u003cbr\u003e        and Manufactured Exports\u003cbr\u003e      •Underdeveloped Financial and Other \u003cbr\u003e        Markets\u003cbr\u003e      •Lingering Colonial Impacts\u003cbr\u003e      •External Dependence    \u003cbr\u003e   –Nature of Indian Economy\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e2.Human Development\u003c\/strong\u003e\u003cbr\u003e   –Human Development\u003cbr\u003e      •Human Development Index\u003cbr\u003e   –Are there Limits to Human Development? \u003cbr\u003e      •Sustainability, Equity and Human \u003cbr\u003e        Development\u003cbr\u003e   –What Makes Development Unsustainable?\u003cbr\u003e   –The Current State of Human Development \u003cbr\u003e   –Human Development: International \u003cbr\u003e     Comparison \u003cbr\u003e   –State of Human Development in India\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e3.India’s Economy at Independence.\u003c\/strong\u003e\u003cbr\u003e   –Introduction\u003cbr\u003e   –The Relative Importance of Various \u003cbr\u003e     Industrial Activities\u003cbr\u003e      •Composition of National Income\u003cbr\u003e      •The Working Force\u003cbr\u003e   –The Agrarian Scene\u003cbr\u003e      •Stagnating Agriculture\u003cbr\u003e           –Causes\u003cbr\u003e               ¡ Regressive Agrarian Structure\u003cbr\u003e               ¡ Internal Drain of Capital\u003cbr\u003e               ¡ Poor Technology\u003cbr\u003e   –India’s Industrial Production and its \u003cbr\u003e     Structure\u003cbr\u003e      •India’s Industrial Resources\u003cbr\u003e      •The Decline of Traditional Industry and\u003cbr\u003e        the Development of Modern Industry\u003cbr\u003e   –Some Positive Features\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003eGrowth, Institutional Framework and Policy Regime:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e4.Economic Planning: Evolution and Strategy.\u003c\/strong\u003e\u003cbr\u003e   –Evolution of Planning \u003cbr\u003e   –Role of the State as Visualised in the Fifties\u003cbr\u003e   –Early Experience with Five Year Plans \u003cbr\u003e     Changing Perceptions\u003cbr\u003e   –Role of Planning in a Market Economy\u003cbr\u003e   –Redefining the Role of State\u003cbr\u003e   –Relevance of Planning Commission\u003cbr\u003e   –NITI Aayog: Role and Functions\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e5.Economic Reforms and Liberalisation.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e   –Debate on Liberalisation\u003cbr\u003e   –The Background \u003cbr\u003e   –The Macroeconomic Crisis\u003cbr\u003e   –Rationale for the Reforms\u003cbr\u003e   –Macroeconomic Reforms\u003cbr\u003e      •Structural Reforms\u003cbr\u003e           –Industrial Policy Reforms\u003cbr\u003e           –Trade Policy Reforms\u003cbr\u003e    ¡ Tariffs\u003cbr\u003e                ¡ Removal of Quantitative \u003cbr\u003e                  Restrictions\u003cbr\u003e    ¡ Indian Customs Single Window \u003cbr\u003e                  Project: 2014-15\u003cbr\u003e    ¡ Exchange Rate Reforms\u003cbr\u003e           –Financial Sector Reforms\u003cbr\u003e    ¡ Capital Markets\u003cbr\u003e      •Fiscal Adjustment and Stabilisation\u003cbr\u003e   –Economic Progress Post-1991\u003cbr\u003e   –Impact of Economic Reforms on the \u003cbr\u003e     Vulnerable Sections\u003cbr\u003e   –Conclusion\u003cbr\u003e      •The Next Round of Reforms\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e6.Demographic Constraint: Population Change \u003cbr\u003e   and Economic Development.\u003c\/strong\u003e\u003cbr\u003e   –Economic Development and Population \u003cbr\u003e     Growth\u003cbr\u003e      •The Theory of Demographic Transition\u003cbr\u003e      •The Microeconomic Theory of Fertility\u003cbr\u003e   –How does Population Growth Affect \u003cbr\u003e     Economic Development?\u003cbr\u003e   –India’s Demographic Transition\u003cbr\u003e      •Causes of High Birth Rate\u003cbr\u003e    –Social Factors \u003cbr\u003e    – Economic Factors\u003cbr\u003e          ¡ Poverty\u003cbr\u003e          ¡ Lack of Social Security\u003cbr\u003e          ¡ Illiteracy, Ignorance and \u003cbr\u003e                        Belief in Fate\u003cbr\u003e          ¡ Ineffective Family Planning\u003cbr\u003e      •Fertility Rate\u003cbr\u003e      •Causes of Decline in Death Rate\u003cbr\u003e            –Control of Epidemics\u003cbr\u003e            –Control of Famines\u003cbr\u003e            –Improved Medical Facilities\u003cbr\u003e            –Spread of Maternity Homes\u003cbr\u003e            –Impact of Economic Development\u003cbr\u003e   –Measures to Reduce Birth Rate\u003cbr\u003e   –Concerns about Population Growth\u003cbr\u003e   –Gender Equity and the Demographic \u003cbr\u003e     Transition\u003cbr\u003e   –Population Policy since 1947\u003cbr\u003e   –National Population Policy, 2000\u003cbr\u003e      •Objectives\u003cbr\u003e   –The Experience of Kerala and Tamil Nadu\u003cbr\u003e      •Enabling Factors\u003cbr\u003e   –India's Demographic Dividend\u003cbr\u003e      •'Window of Opportunity' for India\u003cbr\u003e      •Estimated Demographic Bonus \u003cbr\u003e        for India\u003cbr\u003e      •India's Response to 'Window of \u003cbr\u003e        Opportunity'\u003cbr\u003e   –The Future\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e7.Land Reforms.\u003c\/strong\u003e\u003cbr\u003e   –Objectives of Land Reforms\u003cbr\u003e   –Effects of Land Reforms on \u003cbr\u003e     Productivity and Poverty \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e8.Growth and Structural Changes since 1951.\u003c\/strong\u003e\u003cbr\u003e   –Periodisation of Indian Growth Experience\u003cbr\u003e   –India's Growth Turnaround\u003cbr\u003e      •2003-2008: The Best Phase in Growth\u003cbr\u003e      •Recent Deceleration since 2011\u003cbr\u003e      •Recent Growth Record\u003cbr\u003e           –Aggregate Demand\u003cbr\u003e           –Factor Shares in GVA\u003cbr\u003e   –Priorities for Reviving Growth\u003cbr\u003e   –Reform Agenda\u003cbr\u003e   –Risk Factors and Constraints\u003cbr\u003e   –Performance on Inclusiveness\u003cbr\u003e      •Multidimensionality of Inclusion\u003cbr\u003e   –The Need for Faster Growth\u003cbr\u003e   –Human Development\u003cbr\u003e   –International Comparisons\u003cbr\u003e   –Growth and Structural Change\u003cbr\u003e   –Sectoral Growth Trends\u003cbr\u003e      •Growth and Sectoral Shares,\u003cbr\u003e        Cross-country Evidence and Indian \u003cbr\u003e        Experience\u003cbr\u003e    –Inter-Regional Disparities in \u003cbr\u003e                  Growth and Development\u003cbr\u003e    –The Way Ahead\u003cbr\u003e    –Growth Prospect: An Assessment\u003cbr\u003e    –Sustainable Development and \u003cbr\u003e                  Climate Change\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSection- II Growth and Distribution\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e9.Poverty in India.\u003c\/strong\u003e\u003cbr\u003e   –Magnitude and Determinants\u003cbr\u003e      •The Selection of Poverty Lines\u003cbr\u003e   –Multidimensional Poverty Index\u003cbr\u003e   –Reduction in Poverty\u003cbr\u003e   –Comparison of India and China in \u003cbr\u003e     Terms of Poverty Reduction\u003cbr\u003e      •Causes of Poverty\u003cbr\u003e      •Growth and Poverty Reduction\u003cbr\u003e      •Growth and Inequality\u003cbr\u003e      •Growth, Employment and Poverty\u003cbr\u003e      •Growth Pattern and Poverty\u003cbr\u003e   –Poverty and Inclusive Growth\u003cbr\u003e   –Non-income Poverty Dimensions\u003cbr\u003e   –Poverty Alleviation Programmes\u003cbr\u003e      •Programme for Socially \u003cbr\u003e        Disadvantaged \u003cbr\u003e      •Land Reforms \u003cbr\u003e      •Public Distribution System \u003cbr\u003e      •Public Investment in Human \u003cbr\u003e        Capital and Public Goods\u003cbr\u003e      •A Stronger Welfare System and \u003cbr\u003e        Improved Social Service Provision \u003cbr\u003e        are Needed\u003cbr\u003e   –Concluding Remarks\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e10.Unemployment and Employment\u003cbr\u003e     Perspective.\u003c\/strong\u003e\u003cbr\u003e   –Concepts and Measurement\u003cbr\u003e   –Characteristics and Structure of \u003cbr\u003e     the Indian Labour Market\u003cbr\u003e   –Trend and Pattern of Employment \u003cbr\u003e     Growth\u003cbr\u003e      •Growth in Employment, GDP and \u003cbr\u003e        Employment Elasticity\u003cbr\u003e      •Patterns of Employment Growth at \u003cbr\u003e        a Disaggregated Level \u003cbr\u003e            –Primary Sector\u003cbr\u003e            –Secondary Sector\u003cbr\u003e            –Services Sector\u003cbr\u003e            –Overall Sectoral Pattern\u003cbr\u003e      •Gender Differentials in Employment \u003cbr\u003e        Growth\u003cbr\u003e      •Long Term Perspectives\u003cbr\u003e   –Labour Market Reforms would Help \u003cbr\u003e    Boost Employment Creation\u003cbr\u003e   –Public Employment Programme for the \u003cbr\u003e     Unorganised Workers: The Case of NREGA\u003cbr\u003e      •An Overview of the Scheme\u003cbr\u003e      •The Performance\u003cbr\u003e      •Success Stories\u003cbr\u003e      •Remaining Gaps\u003cbr\u003e   –Policy Agenda\u003cbr\u003e   –Skill Development: The Challenge\u003cbr\u003e   –Employment Perspective\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e11.Economic Inequality in India.\u003c\/strong\u003e\u003cbr\u003e    –Inequality\u003cbr\u003e    –Inequality after Economic Reforms\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSection- III Current Perspectives in \u003cbr\u003e                  Agriculture\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e12.Agriculture: Role and Growth \u003c\/strong\u003e\u003cbr\u003e     Performance.\u003cbr\u003e    –Importance of Agriculture in National \u003cbr\u003e      Economy \u003cbr\u003e       •Linkage between Agriculture and \u003cbr\u003e         Other Sectors\u003cbr\u003e    –Agricultural Growth\u003cbr\u003e       •Role of Institutional and Technological \u003cbr\u003e         Factors in Agriculture Growth\u003cbr\u003e        •The New Technology\u003cbr\u003e             –Characteristics of New \u003cbr\u003e               Technology\u003cbr\u003e                   ¡ Better Agricultural Practices\u003cbr\u003e            –Economic Aspects of New \u003cbr\u003e              Technology\u003cbr\u003e    –Green Revolution\u003cbr\u003e       •Three Phases of  Green Revolution\u003cbr\u003e    – The First Phase, 1966-1972\u003cbr\u003e    – Debacle and the Second Phase, \u003cbr\u003e       1973-1980\u003cbr\u003e    – The Third Phase, 1981-1990\u003cbr\u003e    –Reform Period, 1991 to the Present\u003cbr\u003e      •Deceleration in Agriculture Growth\u003cbr\u003e        during 1995-96 to 2004-05\u003cbr\u003e      •Performance of the Agriculture Sector \u003cbr\u003e        during the Eleventh Five Year Plan\u003cbr\u003e        (2007-2012) and Thereafter\u003cbr\u003e   –Instability in Ouput\u003cbr\u003e   –Regional Disparities and Intra-Personal \u003cbr\u003e     Disparities\u003cbr\u003e   –New Technology and Environmental \u003cbr\u003e     Degradation\u003cbr\u003e   –Long-term Performance, and What \u003cbr\u003e    could be Holding Back Indian Agriculture\u003cbr\u003e   –Major Factors Affecting the Growth\u003cbr\u003e     Potential\u003cbr\u003e      •Lack of Long Term Policy \u003cbr\u003e        Perspective\u003cbr\u003e      •Investment in Agriculture and\u003cbr\u003e        Subsidies \u003cbr\u003e      •Lagging Research and Development \u003cbr\u003e        Efforts\u003cbr\u003e      •Technology Generation and Dissemination\u003cbr\u003e      •Rising Soil Degradation and Over-\u003cbr\u003e         exploitation of Groundwater\u003cbr\u003e      •Degradation of Natural Resources\u003cbr\u003e      •Subsidies vis-à-vis Investments and \u003cbr\u003e        Farm Support Systems\u003cbr\u003e      •Agriculture’s Terms of Trade and \u003cbr\u003e        Farm Price Volatility\u003cbr\u003e   –Rural Distress in Post-Reform India\u003cbr\u003e   –National Policy for Farmers, 2007\u003cbr\u003e   –Emerging Imbalances\u003cbr\u003e      •Subsidies versus Public Investment\u003cbr\u003e      •Cereals Production and Build \u003cbr\u003e        up of Stocks\u003cbr\u003e   –High Value Commodities: The Future\u003cbr\u003e    Sources of Growth in Agriculture\u003cbr\u003e   –Secondary Agriculture: A Driver for \u003cbr\u003e     Growth of Primary Agriculture\u003cbr\u003e   –Reforming the Three 'I's: Investments,\u003cbr\u003e     Incentives, and Institutions\u003cbr\u003e      •Investments\u003cbr\u003e      •Reforming Incentives\u003cbr\u003e         –Price and Marketing Policy\u003cbr\u003e      •Reforming Institutions\u003cbr\u003e         –Marketing and Warehouse Facilities\u003cbr\u003e         –Reforming Land and Credit Markets\u003cbr\u003e         –For a High-yield Agri-trade\u003cbr\u003e         –Challenges and Outlook\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e13.Agricultural Price Policy, Food \u003cbr\u003e     Management and Food Security.\u003c\/strong\u003e\u003cbr\u003e    –Agricultural Price Policy\u003cbr\u003e    –Food Management\u003cbr\u003e       •Food Procurement Policy\u003cbr\u003e       •Price and Distribution Controls in\u003cbr\u003e         the Food Grain Market\u003cbr\u003e       •Public Distribution System (PDS) \u003cbr\u003e       •Food Subsidy\u003cbr\u003e       •Buffer Stock\u003cbr\u003e    –Food Security\u003cbr\u003e    –Conclusion\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003eSection- IV Current Perspectives in Industry\u003cbr\u003e                  and Services\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e14.Industrial Policy.    \u003c\/strong\u003e\u003cbr\u003e    –The Industrial Scene at Independence\u003cbr\u003e    –Industrial Control Regime 1950s\u003cbr\u003e      to 1970s\u003cbr\u003e    –Performance of the Industrial\u003cbr\u003e      Licensing System\u003cbr\u003e    –Industrial Policy Reforms 1980s\u003cbr\u003e    –The Policy Regime in the 1990s\u003cbr\u003e    –New Economic Policy (1991)\u003cbr\u003e       •Opening up to Foreign Investment\u003cbr\u003e       •Public Sector Reforms and Privatisation\u003cbr\u003e    –Industrial Policy: Recent Policy\u003cbr\u003e      Initiatives\u003cbr\u003e    –Industrial Policy Objectives for the \u003cbr\u003e      Twelfth Plan and Beyond\u003cbr\u003e       •The Architecture of a Strategy to \u003cbr\u003e         Accelerate Growth of Manufacturing    \u003cbr\u003e       •Three Components of India’s \u003cbr\u003e        Manufacturing Strategy and Plan\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e15.Industrial Growth and Structure\u003c\/strong\u003e\u003cbr\u003e\u003cstrong\u003e     since 1951.\u003c\/strong\u003e\u003cbr\u003e     –Industrial Growth\u003cbr\u003e     –Policy Regimes and Pattern \u003cbr\u003e       of Growth\u003cbr\u003e     –Comparative Growth Rates in the \u003cbr\u003e       1980s and the 1990s\u003cbr\u003e     –Relative Contribution of Sectors \u003cbr\u003e       to Total Production\u003cbr\u003e     –The Manufacturing Slowdown \u003cbr\u003e       (1996-2002)\u003cbr\u003e          •Factors Causing the Slowdown: \u003cbr\u003e            Some Hypotheses\u003cbr\u003e                –Cyclical Factors in Industrial\u003cbr\u003e                  Slowdown\u003cbr\u003e    –Structural Factors\u003cbr\u003e         ¡ Infrastructure Constraints\u003cbr\u003e                       in the Industrial Sector\u003cbr\u003e     –Recovery in Industrial Growth \u003cbr\u003e       since 2002-03\u003cbr\u003e     –Recent Industrial Growth (2008-09 \u003cbr\u003e       to 2013-14)\u003cbr\u003e     –Industrial-sector Performance based \u003cbr\u003e       on Revised GDP Estimates\u003cbr\u003e     –Comparative Position of India and\u003cbr\u003e       World Manufacturing\u003cbr\u003e     –Why has Growth Moderated?\u003cbr\u003e     –Investment in the Industrial Sector\u003cbr\u003e          •Gross Capital Formation in\u003cbr\u003e            Industrial Sector\u003cbr\u003e     –Challenges Arising from Government \u003cbr\u003e       Policies: Difficult Business Environment\u003cbr\u003e          •Labour Deployment Rigidities\u003cbr\u003e          •Infrastructure Bottlenecks\u003cbr\u003e          •Regulatory Delays and Lack of \u003cbr\u003e            Transparency\u003cbr\u003e          •High Cost and Non-availability\u003cbr\u003e            of Commercial Bank Credit\u003cbr\u003e     –Why did Manufacturing Sector's \u003cbr\u003e       Share in Total Employment Stagnate\u003cbr\u003e     –Other Aspects of Industrial Change\u003cbr\u003e     –Why did the Reforms Fail to \u003cbr\u003e       Deliver the Expected Results?\u003cbr\u003e     –India's Unique Pattern of Development\u003cbr\u003e     –What Should be Done Now?\u003cbr\u003e          •Balanced Growth\u003cbr\u003e          •Integrating into Global Networks\u003cbr\u003e          •Improving Physical Infrastructure \u003cbr\u003e     –The Architecture of a Strategy to Accelerate\u003cbr\u003e       Growth of Manufacturing\u003cbr\u003e     –Conclusions\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e16.Micro, Small and Medium\u003cbr\u003e     Enterprises (MSEs).\u003c\/strong\u003e\u003cbr\u003e     –Role of SMEs in Global Economy: \u003cbr\u003e       International Scenario\u003cbr\u003e     –Defining MSEs: MSMED Act, 2006\u003cbr\u003e     –Role of MSEs in Indian Economy \u003cbr\u003e          •To Generate Large-Scale \u003cbr\u003e            Employment\u003cbr\u003e          •To Sustain Economic Growth\u003cbr\u003e            and Increase Exports\u003cbr\u003e          •Making Growth Inclusive\u003cbr\u003e     –Globalisation and Small Industry\u003cbr\u003e       Performance\u003cbr\u003e     –SSI Performance in the Globalisation Era\u003cbr\u003e          •Performance of the SSI Sector: Pre-\u003cbr\u003e            liberalisation Period versus Liberalisation\u003cbr\u003e            Period\u003cbr\u003e          •Performance of the Registered SSI in \u003cbr\u003e            the Liberalisation Period: 1987\/88-2006\/07\u003cbr\u003e     –Inferences and Conclusions (In the Context\u003cbr\u003e       of Recent Policy Initiatives)\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e17.Public Sector in the Indian Economy.\u003c\/strong\u003e\u003cbr\u003e     –The Rationale\u003cbr\u003e     –Performance of Central Public \u003cbr\u003e      Sector Enterprises\u003cbr\u003e          •Output and Capital Formation\u003cbr\u003e          •Fall in Public Sector Employment\u003cbr\u003e            Growth\u003cbr\u003e          •Central PSEs’ Profitability\u003cbr\u003e     –Reasons and Implications\u003cbr\u003e     –Public Sector and 1991 Industrial \u003cbr\u003e       Policy\u003cbr\u003e     –Policies toward CPSEs and their \u003cbr\u003e       Implementation\u003cbr\u003e     –Privatisation \u003cbr\u003e          •Privatisation: Indian Experience\u003cbr\u003e            since 1991\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e18.Services in the Indian Growth Process.    \u003c\/strong\u003e\u003cbr\u003e     –Importance of the Services Sector \u003cbr\u003e       for India\u003cbr\u003e          Services GDP and Gross \u003cbr\u003e            Capital Formation\u003cbr\u003e          Services Employment in India\u003cbr\u003e     –Growth and Sectoral Shares, \u003cbr\u003e       Cross Country Evidence and \u003cbr\u003e        Indian Experience\u003cbr\u003e          Services GDP: International\u003cbr\u003e            Comparison\u003cbr\u003e     –India’s Services Sector\u003cbr\u003e     –Important Services for India\u003cbr\u003e     –Factors Underlying the Services\u003cbr\u003e       Growth\u003cbr\u003e     –India’s Services Trade\u003cbr\u003e          India’s Services Exports\u003cbr\u003e          India’s Services Imports\u003cbr\u003e          India’s Balance of Trade \u003cbr\u003e            in Services\u003cbr\u003e          FDI in India's Service Sector\u003cbr\u003e     –Liberalisation of Services in India\u003cbr\u003e          India Moving towards a Services-\u003cbr\u003e            led Export Growth\u003cbr\u003e          India and Trade Negotiations \u003cbr\u003e            in Services\u003cbr\u003e          –Challenges and Outlook\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e19.Foreign Direct Investment.    \u003c\/strong\u003e\u003cbr\u003e     –Introduction \u003cbr\u003e     –Role of FDI\u003cbr\u003e     –FDI Policy: A Historical Perspective\u003cbr\u003e     –FDI Policy Changes Announced in \u003cbr\u003e       the Budget 2014-15\u003cbr\u003e     –Trends in FDI Inflows\u003cbr\u003e          Investment Climate and Prospects \u003cbr\u003e            for FDI Inflows\u003cbr\u003e     –Quality of FDI Inflows\u003cbr\u003e          Sectoral Composition\u003cbr\u003e          Changes in the Sources of FDI\u003cbr\u003e          Changes in Sectoral Composition\u003cbr\u003e     –FDI Inflows and their Impact\u003cbr\u003e     –India as an Emerging Source of \u003cbr\u003e       FDI Outflows\u003cbr\u003e          Impact of FDI on Growth and \u003cbr\u003e            Domestic Investment\u003cbr\u003e          FDI and Export-Platform Production\u003cbr\u003e     –Concluding Remarks and Policy Lessons\u003cbr\u003e          Policy Lessons\u003cbr\u003e          FDI Outlook\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSection- V Financial Sector and External \u003cbr\u003e                 Sector Financial Sector:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e20.The Financial Sector: Structure, \u003c\/strong\u003e\u003cbr\u003e   \u003cstrong\u003e\u003cspan\u003e \u003c\/span\u003e Performance and Reforms.\u003c\/strong\u003e\u003cbr\u003e     –Growing Importance of Finance\u003cbr\u003e       in India\u003cbr\u003e     –Financial Sector Development\u003cbr\u003e       in India\u003cbr\u003e          Institutional Structure\u003cbr\u003e          Capital Markets \u003cbr\u003e          Money Markets\u003cbr\u003e          1991 and After: The Reform \u003cbr\u003e             Years\u003cbr\u003e          Role of Competition \u003cbr\u003e          Capital Adequacy and Government\u003cbr\u003e             Ownership in the Banking Sector \u003cbr\u003e     –Conclusion\u003cbr\u003e     –The Road Ahead\u003cbr\u003e          Indian Financial Code (IFC)\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eExternal Sector:\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e21.Foreign Trade and Trade Policy.\u003cbr\u003e     –Constraints Arising from Foreign \u003cbr\u003e       Trade and Import Substitution-based \u003cbr\u003e       Policies\u003cbr\u003e     –Exports and Imports: Broad Trends \u003cbr\u003e          •Exports \u003cbr\u003e          •Export Performance of India \u003cbr\u003e            and the EDEs\u003cbr\u003e          •Export Composition and Sectoral \u003cbr\u003e            Performance\u003cbr\u003e               –Direction of Exports \u003cbr\u003e               –Export Diversification \u003cbr\u003e          •Imports \u003cbr\u003e          •India’s Import Growth \u003cbr\u003e               –Composition of Imports \u003cbr\u003e     –Trade Deficit\u003cbr\u003e     –Direction of Trade\u003cbr\u003e     –World Trade\u003cbr\u003e          •India’s Merchandise Trade \u003cbr\u003e            2001-02 to 2013-14\u003cbr\u003e          •Services Trade\u003cbr\u003e     –Special Economic Zones (SEZs)\u003cbr\u003e     –Appendix: Balance of Trade\u003cbr\u003e     –Trade Policy: An Overview\u003cbr\u003e          •Import Substitution based Strategy\u003cbr\u003e          •Towards Efficient Import Substitution\u003cbr\u003e          •Trade Policy since 1991\u003cbr\u003e     –Outward Orientation Focusing on\u003cbr\u003e       Export Promotion\u003cbr\u003e          •Recent Trade Policy Measures\u003cbr\u003e     –Bilateral and Regional Trade Agreements\u003cbr\u003e     –Challenges and Outlook\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e22.Balance of Payments.\u003c\/strong\u003e\u003cbr\u003e     –Concepts\u003cbr\u003e     –India’s Balance of Payment \u003cbr\u003e       Trends: 1950-51 to 2013-14\u003cbr\u003e          •First and Second Oil Shocks \u003cbr\u003e            of 1973 and 1980\u003cbr\u003e          •External Payment Crisis \u003cbr\u003e            of 1991\u003cbr\u003e     –The Crisis: 1990-1992\u003cbr\u003e          •India’s BoP during 2011-12 \u003cbr\u003e            to 2013-14\u003cbr\u003e          •Current Account Developments \u003cbr\u003e            in 2012-13 and 2013-14\u003cbr\u003e          •Financing Aspect of Current Account\u003cbr\u003e     –Sustainability of Current Account\u003cbr\u003e     –Capital Account\u003cbr\u003e     –Managing Capital Flows\u003cbr\u003e     –External Debt\u003cbr\u003e     –International Comparison \u003cbr\u003e     – Foreign Exchange Reserves\u003cbr\u003e          •Approach \u003cbr\u003e          •Developments\u003cbr\u003e          •Issues\u003cbr\u003e               –Foreign Exchange Rate Policy\u003cbr\u003e                    ¡ Nominal Effective Exchange \u003cbr\u003e                      Rate (NEER) and Real Effective\u003cbr\u003e                      Exchange Rate (REER)\u003cbr\u003e     –Exchange Rate Management\u003cbr\u003e     –Concluding Remarks\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003e23.India and the WTO .\u003c\/strong\u003e\u003cbr\u003e     –World Trade Organization 13-18, 2005) \u003cbr\u003e     –India and the WTO\u003cbr\u003e     –India's Participation in WTO Meetings,\u003cbr\u003e      2005) \u003cbr\u003e     –WTO Negotiations and India 2005) \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e   \u003cspan\u003e \u003c\/span\u003e\u003cem\u003e Glossary.\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cem\u003e     Select Bibliography.\u003c\/em\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003e\u003c\/strong\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cdiv\u003e\n\u003cstrong\u003e\u003c\/strong\u003e\u003cbr\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ctable style=\"width: 100%; height: 78.3752px;\" width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e2015\u003c\/span\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e533\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332703162\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila","offers":[{"title":"Paperback \/ ENG- English \/ Economics","offer_id":51355647672641,"sku":null,"price":745.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/Indianeconomy16th_front.png?v=1770015054"},{"product_id":"indian-economy-25th-edition-2024-25-copy","title":"Indian Economy (24th Edition)","description":"\u003cdiv\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cdiv\u003eHERE’s the new, 24th Edition of the widely accepted textbook on Indian Economy for undergraduate students (BA \/BCom\/Hons) incorporating the latest recommended readings. The book provides a comprehensive coverage of Indian economy under five sections:\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eI.\u003cspan\u003e \u003c\/span\u003ebasic issues in economic development: institutional framework and policy regimes;\u003c\/div\u003e\n\u003cdiv\u003eII.\u003cspan\u003e \u003c\/span\u003egrowth and distributional issues: poverty, inequality and employment;\u003c\/div\u003e\n\u003cdiv\u003eIII.\u003cspan\u003e \u003c\/span\u003ecurrent perspectives in Indian agriculture: growth, productivity, constraints and pricing;\u003c\/div\u003e\n\u003cdiv\u003eIV.\u003cspan\u003e \u003c\/span\u003eindustry and services sector;\u003c\/div\u003e\n\u003cdiv\u003eV.\u003cspan\u003e \u003c\/span\u003efinancial sector and the external sector.\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eThe author Dr. Uma Kapila has specially designed this book based on the latest original readings recommended for the undergraduate courses, some of these being available in her edited books:\u003cem\u003e\u003cspan\u003e \u003c\/span\u003eIndian Economy Since Independence, 34th Edition (2023-24)\u003c\/em\u003e,\u003cspan\u003e \u003c\/span\u003e\u003cem\u003eIndian Econo-mic Development Since 1947 (2016-17 Edition)\u003c\/em\u003e\u003cspan\u003e \u003c\/span\u003eand\u003cspan\u003e \u003c\/span\u003e\u003cem\u003eIndian Economy: Economic Development and Policy (3rd Edition 2021)\u003c\/em\u003e. \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eIn the present volume, author has made an effort to keep the language simple without compromising the effectiveness of the argument or diluting the analyses. The book also carries a comprehensive Glossary. \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003eApart from undergraduate students, the book is widely used by students preparing for the IAS and other competitive examinations.\u003cmeta charset=\"utf-8\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h2\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003eDr. Uma Kapila, author\/editor of several books on Indian economy, retired as Reader, Department of Economics, Miranda House, University of Delhi. She has taught Indian economy to undergraduate students for more than 42 years. Currently, she is Editorial Director, Academic Foundation.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003ch2\u003eContents in Detail\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cbr\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cp\u003e\u003cem\u003ePreface\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003eSECTION - I\u003cbr\u003eEconomic Development in\u003cbr\u003ePost-Independent India\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cem\u003eBASIC ISSUES IN ECONOMIC DEVELOPMENT\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e1. Economic Development and Underdevelopment\u003cbr\u003e\u003cbr\u003e2. Economic Development: Factors and Strategies\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e3. India’s Economy at Independence\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eGROWTH, INSTITUTIONAL FRAMEWORK ANDPOLICY REGIME\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e4. Economic Planning: Evolution and Strategy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e5. Economic Reforms and Liberalisation\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e6. Demography and Development\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e7. Land Reforms\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e8. Growth and Structural Changes since 1951\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSECTION- II\u003cbr\u003eGrowth and Distribution\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e9. Poverty in India\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e10. Unemployment and Employment Perspective\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e11. Economic Inequality in India\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003eSECTION- III\u003cbr\u003eCurrent Perspectives in Agriculture\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e12. Agriculture: Role and Growth Performance\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e13. Agricultural Price Policy, Food Management and Food Security\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSECTION- IV\u003cbr\u003eCurrent Perspectives in Industry and Services\u003c\/strong\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e14. Industrial Policy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e15. Industrial Growth and Structure since 1951\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e16. Micro, Small and Medium Enterprises (MSEs)\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e17. Public Sector in the Indian Economy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e18. Services in the Indian Growth Process\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e19. Foreign Direct Investment\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSECTION- V\u003cbr\u003eFinancial Sector and External Sector\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cem\u003eFINANCIAL SECTOR\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e20. The Financial Sector: Structure, Performance and Reforms\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cem\u003eEXTERNAL SECTOR\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e21. Foreign Trade and Trade Policy\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e22. Balance of Payments\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e23. India and the WTO\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e24. Indian Economy Today: An Overview \u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cem\u003eGlossary\u003c\/em\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eSelect Bibliography\u003c\/em\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ctable style=\"width: 100%; height: 78.3752px;\" width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e2023\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e649\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332706248\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila","offers":[{"title":"Paperback \/ English \/ Economics","offer_id":51368872378689,"sku":null,"price":895.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/Indianeconomy24th_front_d369b1f7-df13-4c07-8d3e-0ffe119c760c.png?v=1770269071"},{"product_id":"the-new-middle-class-in-india-and-brazil-copy","title":"Indian Economy","description":"\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003eHERE’s the new, 17th Edition of the widely accepted textbook on Indian Economy for undergraduate students (BA and BCom Hons.) incorporating the latest recommended readings. The book provides a comprehensive coverage of Indian economy under five sections:\u003cbr\u003e    I.    Basic issues in economic development: institutional framework\u003cbr\u003e         and policy regimes;\u003cbr\u003e    II.   Growth and distributional issues: poverty, inequality\u003cbr\u003e         and employment;\u003cbr\u003e    III.  Current perspectives in Indian agriculture: growth, productivity,\u003cbr\u003e         constraints and pricing;\u003cbr\u003e    IV.  Industry and services sector;\u003cbr\u003e    V.   Financial sector and the external sector.\u003cbr\u003eThe author Dr. Uma Kapila has specially designed this book based on the latest original readings recommended for the undergraduate courses, some of these being available in her edited books: Indian Economy Since Independence, 27th Edition (2016-17), Indian Econo-mic Development Since 1947 (2016-17 Edition) and Indian Economy: Economic Development and Policy (2016 Edition). \u003cbr\u003eIn the present volume, author has made an effort to keep the language simple without compromising the effectiveness of the argument or diluting the analyses. The book also carries a comprehensive Glossary. \u003cbr\u003eApart from undergraduate students, the book is widely used by students preparing for the IAS and other competitive examinations.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h2\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003e\u003cstrong\u003eDr. Uma Kapila,\u003c\/strong\u003e\u003cspan\u003e author\/editor of several books on Indian economy, retired as Reader, Department of Economics, Miranda House, University of Delhi. She has taught Indian economy to undergraduate students for more than 42 years. Currently, she is Senior Editor, Academic Foundation.\u003c\/span\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\u003c\/div\u003e\n\u003ch2 class=\"glossymenu\"\u003eContents in Detail\u003c\/h2\u003e\n\u003cdiv class=\"glossymenu\"\u003ePeface\n\u003cdiv class=\"submenu\"\u003e\n\u003cp\u003e\u003cstrong\u003eSECTION - I \u003c\/strong\u003e\u003cbr\u003eEconomic Development in Post-Independent India\u003cbr\u003e\u003cstrong\u003eBASIC ISSUES IN ECONOMIC DEVELOPMENT\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e1.    Economic Development and Under Development\u003c\/strong\u003e\u003cbr\u003e    –    Introduction\u003cbr\u003e    –    What Does Development Mean\u003cbr\u003e    –    Economic Growth and Economic Development\u003cbr\u003e    –    The New View of Economic Development\u003cbr\u003e            •    Development as a Multi-dimensional Process\u003cbr\u003e            •    Three Core Values of Development\u003cbr\u003e    –    Development, Freedom and Opportunities\u003cbr\u003e    –    The Three Objectives of Development\u003cbr\u003e    –    The Millennium Development Goals\u003cbr\u003e    –    Developed and Underdeveloped Countries\u003cbr\u003e    –    Defining the Developing World\u003cbr\u003e    –    Characteristics of the Developing World:\u003cbr\u003e          Diversity within Commonality\u003cbr\u003e            •    Lower Levels of Living and Productivity\u003cbr\u003e            •    Lower Levels of Human Capital    \u003cbr\u003e            •    High Rate of Population Growth and Dependency Burden\u003cbr\u003e            •    Higher Levels of Inequality and Absolute Poverty\u003cbr\u003e            •    Greater Social Fractionalisation\u003cbr\u003e            •    Larger Rural Populations but Rapid\u003cbr\u003e                Rural-to-Urban Migration\u003cbr\u003e            •    Substantial Dependence on Agricultural Production \u003cbr\u003e                 and Lower Levels of Industrialisation\u003cbr\u003e                and Manufactured Exports\u003cbr\u003e            •    Underdeveloped Financial and Other Markets\u003cbr\u003e            •    Lingering Colonial Impacts\u003cbr\u003e            •    External Dependence    \u003cbr\u003e    –    Nature of Indian Economy\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e2.    Human Development\u003c\/strong\u003e\u003cbr\u003e    –    Human Development\u003cbr\u003e            •    Human Development Index\u003cbr\u003e    –    Are there Limits to Human Development? \u003cbr\u003e            •    Sustainability, Equity and Human Development\u003cbr\u003e    –    What Makes Development Unsustainable?\u003cbr\u003e    –    The Current State of Human Development \u003cbr\u003e    –    Human Development: International Comparison \u003cbr\u003e    –    State of Human Development in India\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e3.    India’s Economy at Independence\u003c\/strong\u003e\u003cbr\u003e    –    Introduction\u003cbr\u003e    –    The Relative Importance of Various Industrial Activities\u003cbr\u003e            •    Composition of National Income\u003cbr\u003e            •    The Working Force\u003cbr\u003e    –    The Agrarian Scene\u003cbr\u003e            •    Stagnating Agriculture\u003cbr\u003e                –    Causes\u003cbr\u003e                        Regressive Agrarian Structure\u003cbr\u003e                        Internal Drain of Capital\u003cbr\u003e                        Poor Technology\u003cbr\u003e    –    India’s Industrial Production and its Structure\u003cbr\u003e            •    India’s Industrial Resources\u003cbr\u003e            •    The Decline of Traditional Industry\u003cbr\u003e                 and the Development of Modern Industry\u003cbr\u003e    –    Some Positive Features\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eGROWTH, INSTITUTIONAL FRAMEWORK\u003cbr\u003eAND POLICY REGIME\u003c\/strong\u003e\u003cbr\u003e\u003cstrong\u003e4.    Economic Planning: Evolution and Strategy\u003c\/strong\u003e\u003cbr\u003e    –    Evolution of Planning \u003cbr\u003e    –    Role of the State as Visualised in the Fifties\u003cbr\u003e    –    Early Experience with Five Year Plans\u003cbr\u003e    –    Changing Perceptions\u003cbr\u003e    –    Role of Planning in a Market Economy\u003cbr\u003e    –    Redefining the Role of State\u003cbr\u003e    –    Relevance of Planning Commission\u003cbr\u003e    –    NITI Aayog: Role and Functions\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e5.    Economic Reforms and Liberalisation\u003c\/strong\u003e\u003cbr\u003e    –    Debate on Liberalisation\u003cbr\u003e    –    The Background \u003cbr\u003e    –    The Macroeconomic Crisis\u003cbr\u003e    –    Rationale for the Reforms\u003cbr\u003e    –    Macroeconomic Reforms\u003cbr\u003e            •    Structural Reforms\u003cbr\u003e                –    Industrial Policy Reforms\u003cbr\u003e                –    Trade Policy Reforms\u003cbr\u003e                        Tariffs\u003cbr\u003e                        Removal of Quantitative Restrictions\u003cbr\u003e                        Indian Customs Single Window Project: 2014-15\u003cbr\u003e                        Exchange Rate Reforms\u003cbr\u003e                –    Financial Sector Reforms\u003cbr\u003e                        Capital Markets\u003cbr\u003e            •    Fiscal Adjustment and Stabilisation\u003cbr\u003e    –    Economic Progress Post-1991\u003cbr\u003e    –    Impact of Economic Reforms on the Vulnerable Sections\u003cbr\u003e    –    Conclusion\u003cbr\u003e            •    The Next Round of Reforms\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e6.    Demographic Constraint: Population Change\u003cbr\u003e      and Economic Development\u003c\/strong\u003e\u003cbr\u003e    –    Economic Development and Population Growth\u003cbr\u003e            •    The Theory of Demographic Transition\u003cbr\u003e            •    The Microeconomic Theory of Fertility\u003cbr\u003e    –    How does Population Growth Affect Economic Development?\u003cbr\u003e    –    India’s Demographic Transition\u003cbr\u003e            •    Causes of High Birth Rate\u003cbr\u003e                –    Social Factors \u003cbr\u003e                –     Economic Factors\u003cbr\u003e                        Poverty\u003cbr\u003e                        Lack of Social Security\u003cbr\u003e                        Illiteracy, Ignorance and Belief in Fate\u003cbr\u003e                        Ineffective Family Planning\u003cbr\u003e            •    Fertility Rate\u003cbr\u003e            •    Causes of Decline in Death Rate\u003cbr\u003e                –    Control of Epidemics\u003cbr\u003e                –    Control of Famines\u003cbr\u003e                –    Improved Medical Facilities\u003cbr\u003e                –    Spread of Maternity Homes\u003cbr\u003e                –    Impact of Economic Development\u003cbr\u003e    –    Measures to Reduce Birth Rate\u003cbr\u003e    –    Concerns about Population Growth\u003cbr\u003e    –    Gender Equity and the Demographic Transition\u003cbr\u003e    –    Population Policy since 1947\u003cbr\u003e    –    National Population Policy, 2000\u003cbr\u003e            •    Objectives\u003cbr\u003e    –    Human Resource Development\u003cbr\u003e    –    The Experience of Kerala and Tamil Nadu\u003cbr\u003e            •    Enabling Factors\u003cbr\u003e    –    India's Demographic Dividend\u003cbr\u003e            •    'Window of Opportunity' for India\u003cbr\u003e            •    Estimated Demographic Bonus for India\u003cbr\u003e            •    India's Response to 'Window of Opportunity'\u003cbr\u003e    –    Demographic Dividend and Related Policy Interventions\u003cbr\u003e    –    The Future\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e7.    Land Reforms\u003c\/strong\u003e\u003cbr\u003e    –    Objectives of Land Reforms\u003cbr\u003e    –    Effects of Land Reforms on Productivity and Poverty \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e8.    Growth and Structural Changes since 1951\u003c\/strong\u003e\u003cbr\u003e    –    Periodisation of Indian Growth Experience\u003cbr\u003e    –    India's Growth Turnaround\u003cbr\u003e            •    2003-2008: The Best Phase in Growth\u003cbr\u003e            •    Recent Deceleration since 2011\u003cbr\u003e            •    Recent Growth Record\u003cbr\u003e                –    Aggregate Demand\u003cbr\u003e    –    Growth in Gross Value Added\u003cbr\u003e    –    Factor Incomes\u003cbr\u003e    –    Per capita Income\u003cbr\u003e    –    The Saving-Investment Balance\u003cbr\u003e    –    Priorities for Reviving Growth\u003cbr\u003e    –    Reform Agenda\u003cbr\u003e    –    Risk Factors and Constraints\u003cbr\u003e    –    Performance on Inclusiveness\u003cbr\u003e            •    Multidimensionality of Inclusion\u003cbr\u003e    –    The Need for Faster Growth\u003cbr\u003e    –    International Comparisons\u003cbr\u003e    –    Growth and Structural Change\u003cbr\u003e    –    Sectoral Growth Trends\u003cbr\u003e            •    Growth and Sectoral Shares, Cross-country\u003cbr\u003e                Evidence and Indian Experience\u003cbr\u003e    –    Inter-Regional Disparities in Growth and Development\u003cbr\u003e    –    The Way Ahead\u003cbr\u003e    –    Growth Prospect: An Assessment\u003cbr\u003e    –    Sustainable Development and Climate Change\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSECTION- II \u003c\/strong\u003e\u003cbr\u003eGrowth and Distribution\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e9.    Poverty in India\u003c\/strong\u003e\u003cbr\u003e    –    Poverty Estimates\u003cbr\u003e            •    The Selection of Poverty Lines\u003cbr\u003e            •    Economic Growth and Poverty\u003cbr\u003e            •    Growth and Poverty Nexus\u003cbr\u003e            •    Comparison of India and China in terms of Poverty Reduction\u003cbr\u003e    –    Poverty and Inclusive Growth\u003cbr\u003e            •    Non-income Poverty Dimensions\u003cbr\u003e                –    Malnutrition\u003cbr\u003e            •    A Stronger Welfare System and Improved Social Service Provision are Needed\u003cbr\u003e    –    Poverty Alleviation Programmes\u003cbr\u003e            •    Programme for Socially Disadvantaged \u003cbr\u003e            •    Land Reforms \u003cbr\u003e            •    Public Distribution System \u003cbr\u003e            •    Public Investment in Human Capital and Public Goods\u003cbr\u003e    –    Concluding Remarks\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e10.    Unemployment and Employment Perspective\u003c\/strong\u003e\u003cbr\u003e    –    Concepts and Measurement\u003cbr\u003e    –    Characteristics and Structure of the Indian Labour Market\u003cbr\u003e    –    Trend and Pattern of Employment Growth\u003cbr\u003e            •    Growth in Employment, GDP and Employment Elasticity\u003cbr\u003e            •    Patterns of Employment Growth at a Disaggregated Level \u003cbr\u003e                –    Primary Sector\u003cbr\u003e                –    Secondary Sector\u003cbr\u003e                –    Services Sector\u003cbr\u003e                –    Overall Sectoral Pattern\u003cbr\u003e            •    Gender Differentials in Employment Growth\u003cbr\u003e            •    Long Term Perspectives\u003cbr\u003e    –    Labour Market Reforms would Help Boost Employment Creation\u003cbr\u003e    –    Public Employment Programme for the \u003cbr\u003e          Unorganised Workers: The Case of NREGA\u003cbr\u003e            •    An Overview of the Scheme\u003cbr\u003e            •    The Performance\u003cbr\u003e            •    Success Stories\u003cbr\u003e            •    Remaining Gaps\u003cbr\u003e    –    Policy Agenda\u003cbr\u003e    –    Skill Development: The Challenge\u003cbr\u003e    –    Employment Perspective\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e11.    Economic Inequality in India\u003c\/strong\u003e\u003cbr\u003e    –    Inequality\u003cbr\u003e    –    Inequality after Economic Reforms\u003c\/p\u003e\n\u003cp\u003e\u003cbr\u003e\u003cstrong\u003eSECTION- III\u003c\/strong\u003e\u003cbr\u003eCurrent Perspectives in Agriculture\u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e12.    Agriculture: Role and Growth Performance\u003c\/strong\u003e\u003cbr\u003e    –    Importance of Agriculture in National Economy \u003cbr\u003e            •    Linkage between Agriculture and Other Sectors\u003cbr\u003e    –    Agricultural Growth\u003cbr\u003e            •    Role of Institutional and Technological Factors\u003cbr\u003e                in Agriculture Growth\u003cbr\u003e            •    The New Technology\u003cbr\u003e                –    Characteristics of New Technology\u003cbr\u003e                –    Economic Aspects of New Technology\u003cbr\u003e    –    Green Revolution\u003cbr\u003e            •    Three Phases of  Green Revolution\u003cbr\u003e                –  The First Phase, 1966-1972\u003cbr\u003e                –  Debacle and the Second Phase, 1973-1980\u003cbr\u003e                –  The Third Phase, 1981-1990\u003cbr\u003e    –    Reform Period, 1991 to the Present\u003cbr\u003e            •    Deceleration in Agriculture Growth\u003cbr\u003e                 during 1995-96 to 2004-05\u003cbr\u003e            •    Performance of the Agriculture Sector during the\u003cbr\u003e                Eleventh Five Year Plan (2007-2012) and Thereafter\u003cbr\u003e    –    Instability in Ouput\u003cbr\u003e    –    Regional Disparities and Intra-Personal Disparities\u003cbr\u003e    –    New Technology and Environmental Degradation\u003cbr\u003e    –    Long-term Performance, and What could\u003cbr\u003e        be Holding Back Indian Agriculture\u003cbr\u003e    –    Major Factors Affecting the Growth Potential\u003cbr\u003e            •    Lack of Long Term Policy Perspective\u003cbr\u003e            •    Investment in Agriculture and Subsidies \u003cbr\u003e            •    Lagging Research and Development Efforts\u003cbr\u003e            •    Technology Generation and Dissemination\u003cbr\u003e            •    Rising Soil Degradation and Over-exploitation of Groundwater\u003cbr\u003e            •    Degradation of Natural Resources\u003cbr\u003e            •    Subsidies vis-à-vis Investments and Farm Support Systems\u003cbr\u003e            •    Agriculture’s Terms of Trade and Farm Price Volatility\u003cbr\u003e    –    Rural Distress in Post-Reform India\u003cbr\u003e    –    National Policy for Farmers, 2007\u003cbr\u003e    –    Emerging Imbalances\u003cbr\u003e            •    Subsidies versus Public Investment\u003cbr\u003e            •    Cereals Production and Build up of Stocks\u003cbr\u003e    –    High Value Commodities: The Future Sources\u003cbr\u003e         of Growth in Agriculture\u003cbr\u003e    –    Secondary Agriculture: A Driver for Growth of Primary Agriculture\u003cbr\u003e    –    Reforming the Three 'I's: Investments, Incentives, and Institutions\u003cbr\u003e            •    Investments\u003cbr\u003e            •    Reforming Incentives\u003cbr\u003e                –    Price and Marketing Policy\u003cbr\u003e            •    Reforming Institutions\u003cbr\u003e                –    Marketing and Warehouse Facilities\u003cbr\u003e                –    Reforming Land and Credit Markets\u003cbr\u003e    –    For a High-yield Agri-trade\u003cbr\u003e    –    Challenges and Outlook\u003cbr\u003e\u003cstrong\u003e13.    Agricultural Price Policy, Food\u003cbr\u003e         Management and Food Security\u003c\/strong\u003e\u003cbr\u003e    –    Agricultural Price Policy\u003cbr\u003e    –    Food Management\u003cbr\u003e            •    Food Procurement Policy\u003cbr\u003e            •    Price and Distribution Controls\u003cbr\u003e                in the Food Grain Market\u003cbr\u003e            •    Public Distribution System (PDS) \u003cbr\u003e            •    Food Subsidy\u003cbr\u003e            •    Buffer Stock\u003cbr\u003e    –    Food Security\u003cbr\u003e    –    Conclusion\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSECTION- IV\u003c\/strong\u003e\u003cbr\u003eCurrent Perspectives in Industry and Services\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e14.    Industrial Policy\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003e    –    The Industrial Scene at Independence\u003cbr\u003e    –    Industrial Control Regime 1950s to 1970s\u003cbr\u003e    –    Performance of the Industrial Licensing System\u003cbr\u003e    –    Industrial Policy Reforms 1980s\u003cbr\u003e    –    The Policy Regime in the 1990s\u003cbr\u003e    –    New Economic Policy (1991)\u003cbr\u003e            •    Opening up to Foreign Investment\u003cbr\u003e            •    Public Sector Reforms and Privatisation\u003cbr\u003e    –    Industrial Policy: Recent Policy Initiatives\u003cbr\u003e    –    Industrial Policy Objectives for the Twelfth Plan and Beyond\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e15.    Industrial Growth and Structure since 1951\u003c\/strong\u003e\u003cbr\u003e    –    Industrial Growth\u003cbr\u003e    –    Policy Regimes and Pattern of Growth\u003cbr\u003e    –    Comparative Growth Rates in the 1980s and the 1990s\u003cbr\u003e    –    Relative Contribution of Sectors to Total Production\u003cbr\u003e    –    The Manufacturing Slowdown (1996-2002)\u003cbr\u003e            •    Factors Causing the Slowdown: Some Hypotheses\u003cbr\u003e                –    Cyclical Factors in Industrial Slowdown\u003cbr\u003e                –    Structural Factors\u003cbr\u003e                        Infrastructure Constraints in the Industrial Sector\u003cbr\u003e    –    Recovery in Industrial Growth since 2002-03\u003cbr\u003e    –    Recent Industrial Growth (2008-09 to 2013-14)\u003cbr\u003e    –    Industrial-sector Performance based\u003cbr\u003e         on Revised GDP Estimates\u003cbr\u003e    –    Comparative Position of India\u003cbr\u003e         and World Manufacturing\u003cbr\u003e    –    Why has Growth Moderated?\u003cbr\u003e    –    Investment in the Industrial Sector\u003cbr\u003e            •    Gross Capital Formation in Industrial Sector\u003cbr\u003e    –    Challenges Arising from Government Policies:\u003cbr\u003e          Difficult Business Environment\u003cbr\u003e            •    Labour Deployment Rigidities\u003cbr\u003e            •    Infrastructure Bottlenecks\u003cbr\u003e            •    Regulatory Delays and Lack of Transparency\u003cbr\u003e            •    High Cost and Non-availability of Commercial Bank Credit\u003cbr\u003e    –    Why did Manufacturing Sector's\u003cbr\u003e         Share in Total Employment Stagnate\u003cbr\u003e    –    Other Aspects of Industrial Change\u003cbr\u003e    –    Why did the Reforms Fail to Deliver\u003cbr\u003e         the Expected Results?\u003cbr\u003e    –    India's Unique Pattern of Development\u003cbr\u003e    –    What Should be Done Now?\u003cbr\u003e            •    Balanced Growth\u003cbr\u003e            •    Integrating into Global Networks\u003cbr\u003e            •    Improving Physical Infrastructure \u003cbr\u003e    –    The Architecture of a Strategy to Accelerate\u003cbr\u003e         Growth of Manufacturing\u003cbr\u003e    –    Conclusions\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e16.    Micro, Small and MediumEnterprises (MSEs)\u003c\/strong\u003e\u003cbr\u003e    –    Role of SMEs in Global Economy: International Scenario\u003cbr\u003e    –    Defining MSEs: MSMED Act, 2006\u003cbr\u003e    –    Role of MSEs in Indian Economy \u003cbr\u003e            •    To Generate Large-Scale Employment\u003cbr\u003e            •    To Sustain Economic Growth and Increase Exports\u003cbr\u003e            •    Making Growth Inclusive\u003cbr\u003e            •    Status and Key Challenges\u003cbr\u003e    –    Globalisation and Small Industry Performance\u003cbr\u003e    –    SSI Performance in the Globalisation Era\u003cbr\u003e            •   Performance of the SSI Sector: Pre-liberalisation\u003cbr\u003e                Period versus Liberalisation Period\u003cbr\u003e            •   Performance of the Registered SSI\u003cbr\u003e                 in the Liberalisation Period: 1987\/88-2006\/07\u003cbr\u003e    –    Inferences and Conclusions\u003cbr\u003e        (In the Context of Recent Policy Initiatives)\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e17.    Public Sector in the Indian Economy\u003c\/strong\u003e\u003cbr\u003e    –    The Rationale\u003cbr\u003e    –    Performance of Central Public Sector Enterprises\u003cbr\u003e            •    Output and Capital Formation\u003cbr\u003e            •    Fall in Public Sector Employment Growth\u003cbr\u003e            •    Central PSEs’ Profitability\u003cbr\u003e                –    Reasons and Implications\u003cbr\u003e    –    Public Sector and 1991 Industrial Policy\u003cbr\u003e    –    Policies toward CPSEs and their Implementation\u003cbr\u003e    –    Privatisation \u003cbr\u003e            •    Privatisation: Indian Experience since 1991\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e18.    Services in the Indian Growth Process\u003c\/strong\u003e\u003cbr\u003e    –    Introduction\u003cbr\u003e    –    Growth and Sectoral Shares, Cross Country\u003cbr\u003e          Evidence and Indian Experience\u003cbr\u003e            •    Services GDP: International Comparison\u003cbr\u003e    –    World Services Trade\u003cbr\u003e    –    Factors Underlying the Services Growth\u003cbr\u003e            •    Services GDP and Gross Capital Formation\u003cbr\u003e            •    State-wise Comparison of Services\u003cbr\u003e    –    India’s Services Employment\u003cbr\u003e    –    India’s Services Trade\u003cbr\u003e    –    Foreign Direct Investment in India’s Service Sector\u003cbr\u003e    –    Liberalisation of Services in India\u003cbr\u003e    –    India and Trade Negotiations in Services\u003cbr\u003e    –    Conclusion\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e19.        Foreign Direct Investment\u003c\/strong\u003e\u003cbr\u003e    –    Introduction \u003cbr\u003e    –    Role of FDI\u003cbr\u003e    –    FDI Policy: A Historical Perspective\u003cbr\u003e    –    FDI Inflows and their Impact\u003cbr\u003e    –    India as an Emerging Source of FDI Outflows\u003cbr\u003e            •    Impact of FDI on Growth and Domestic Investment\u003cbr\u003e            •    FDI and Export-Platform Production\u003cbr\u003e    –    Concluding Remarks and Policy Lessons\u003cbr\u003e            •    Policy Lessons\u003cbr\u003e            •    FDI Outlook\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eSECTION- V\u003c\/strong\u003e\u003cbr\u003eFinancial Sector and External Sector \u003cbr\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eFINANCIAL SECTOR\u003cbr\u003e20.    The Financial Sector: Structure, Performance and Reforms\u003c\/strong\u003e\u003cbr\u003e    –    Growing Importance of Finance in India\u003cbr\u003e    –    Financial Sector Development in India\u003cbr\u003e            •    Institutional Structure\u003cbr\u003e            •    Capital Markets \u003cbr\u003e            •    Money Markets\u003cbr\u003e            •    1991 and After: The Reform Years\u003cbr\u003e            •    Role of Competition \u003cbr\u003e            •    Capital Adequacy and Government\u003cbr\u003e                  Ownership in the Banking Sector \u003cbr\u003e    –    Conclusion\u003cbr\u003e    –    The Road Ahead\u003cbr\u003e            •    Indian Financial Code (IFC)\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003eEXTERNAL SECTOR\u003c\/strong\u003e\u003cbr\u003e\u003cstrong\u003e21.    Foreign Trade and Trade Policy\u003c\/strong\u003e\u003cbr\u003e    –    Constraints Arising from Foreign Trade\u003cbr\u003e          and Import Substitution-based Policies\u003cbr\u003e    –    Exports and Imports: Broad Trends \u003cbr\u003e            •    Exports \u003cbr\u003e            •    Trade Deficit\u003cbr\u003e            •    Export Composition and Sectoral Performance\u003cbr\u003e                –    Direction of Exports \u003cbr\u003e            •    Imports \u003cbr\u003e                –    Composition of Imports \u003cbr\u003e    –    Direction of Trade\u003cbr\u003e    –    Services Trade\u003cbr\u003e    –    Special Economic Zones (SEZs)\u003cbr\u003e    –    Appendix: Balance of Trade\u003cbr\u003e    –    Trade Policy: An Overview\u003cbr\u003e            •    Import Substitution based Strategy\u003cbr\u003e            •    Towards Efficient Import Substitution\u003cbr\u003e            •    Trade Policy since 1991\u003cbr\u003e                –    Outward Orientation Focusing on Export Promotion\u003cbr\u003e            •    Recent Trade Policy Measures\u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e22.    Balance of Payments\u003c\/strong\u003e\u003cbr\u003e    –    Concepts\u003cbr\u003e    –    India’s Balance of Payment Trends: 1950-51 to 2015-16\u003cbr\u003e            •    First and Second Oil Shocks of 1973 and 1980\u003cbr\u003e            •    External Payment Crisis of 1991\u003cbr\u003e                –    The Crisis: 1990-1992\u003cbr\u003e            •    India’s BoP during 2011-12 to 2015-16\u003cbr\u003e    –    Capital\/finance account developments in 2014-15 \u003cbr\u003e        and the first half of 2015-16\u003cbr\u003e    – Foreign Exchange Reserves\u003cbr\u003e    –    External Rate\u003cbr\u003e    –    External Debt\u003cbr\u003e    –    International Comparison \u003c\/p\u003e\n\u003cp\u003e\u003cstrong\u003e23.    India and the WTO\u003c\/strong\u003e\u003cbr\u003e    –    World Trade Organization 13-18, 2005) \u003cbr\u003e    –    India and the WTO\u003cbr\u003e    –    India's Participation in WTO Meetings, 2005) \u003cbr\u003e    –    WTO Negotiations and India 2005) \u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eGlossary\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003eSelect Bibliography\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ctable width=\"100%\" style=\"width: 100.707%; height: 113px;\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 20.25px;\"\u003e\n\u003ctd style=\"width: 51.5957%; height: 20.25px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 48.0496%; height: 20.25px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 20.25px;\"\u003e\n\u003ctd style=\"width: 51.5957%; height: 20.25px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 48.0496%; height: 20.25px;\"\u003e2016\u003cmeta charset=\"utf-8\"\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 20.25px;\"\u003e\n\u003ctd style=\"width: 51.5957%; height: 20.25px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 48.0496%; height: 20.25px;\"\u003e508\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 20.25px;\"\u003e\n\u003ctd style=\"width: 51.5957%; height: 20.25px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 48.0496%; height: 20.25px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332703766\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila","offers":[{"title":"Paperback \/ ENG- English \/ Economics","offer_id":51549267099969,"sku":null,"price":745.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/9789332703766-web-305-Ind-Econ-17th-ed-Uma-Kapila.jpg?v=1774860449"},{"product_id":"indian-economy-since-independence-copy-3","title":"Indian Economy","description":"\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003eHere’s the new, 15th Edition of the widely accepted textbook (Indian economy paper) for B.Com (Hons.) based on new guidelines (restructured course), incorporating the latest readings recommened by the Department of Economics, University of Delhi, for the academic year 2014-15.\u003cspan\u003eThe book provides a comprehensive coverage of Indian economy under five sections:\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003eI. basic Issues in economic development: institutional framework and policy regimes;\u003c\/p\u003e\n\u003cp\u003eII. growth and distributional issues: poverty, inequality and employment;\u003c\/p\u003e\n\u003cp\u003eIII. current perspectives in Indian agriculture: growth, productivity, constraints and pricing;\u003c\/p\u003e\n\u003cp\u003eIV. industry and services sector;\u003c\/p\u003e\n\u003cp\u003eV. financial sector and the external sector.\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cp\u003eThe author Dr. Uma Kapila has specially designed this book based on the original readings recommended for the new course, some of these being available in her edited books: Indian Economy Since Independence, 25th Ed. 2014-15 and Two Decades of Economic Reforms, 2012. \u003c\/p\u003e\n\u003cspan class=\"morecontent\"\u003e\u003cspan\u003e\u003c\/span\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"more\"\u003e\u003cspan class=\"morecontent\"\u003e\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv class=\"more\"\u003e\u003cspan class=\"morecontent\"\u003e \u003c\/span\u003e\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003e\u003cstrong\u003eDr. Uma Kapila\u003c\/strong\u003e, author\/editor of several books on Indian economy, retired as Reader, Department of Economics, Miranda House, University of Delhi. She has taught Indian economy to undergraduate students for more than 42 years. Currently, she is Senior Editor, Academic Foundation\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003cspan class=\"morecontent\"\u003e\u003cspan\u003e\u003c\/span\u003e \u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003ch2 class=\"p1\"\u003eContents in Detail\u003c\/h2\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003ePreface\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eSection - I \u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cb\u003eEconomic Development in Post-Independence India\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eBasic Issues in Economic Development:\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e1.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eEconomic Development and Under Development\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e2.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eHuman Development\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e3.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eIndia’s Economy at Independence\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eGrowth, Institutional Framework and  Policy Regime:\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e4.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eEconomic Planning: Evolution and Strategy\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e5.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eEconomic Reforms and Liberalisation\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e6.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eDemographic Constraint: Population Change and Economic Development\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e7.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eLand Reforms\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e8.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eGrowth and Structural Changes since 1951\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eSection- II \u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cb\u003eSectoral Trends and Issues\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e9.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003ePoverty in India\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e10.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eUnemployment and Employment Perspective\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e11.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eEconomic Inequality in India\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eSection- III\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cb\u003eCurrent Perspectives in Agriculture\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e12.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eAgriculture: Role and Growth Performance\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e13.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eAgricultural Price Policy, Food Management and Food Security\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eSection- IV\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cb\u003eCurrent Perspectives in Industry and Services\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e14.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eIndustrial Policy\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e15.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eIndustrial Growth and Structure since 1951\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e16.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eMicro, Small and Medium Enterprises (MSEs)\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e17.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003ePublic Sector in the Indian Economy\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e18.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eServices in the Indian Growth Process\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e19.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eForeign Direct Investment\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003cb\u003eSection- V\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cb\u003eFinancial Sector and External Sector\u003c\/b\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eFinancial Sector:\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e20.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eThe Financial Sector: Structure, Performance and Reforms\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e\u003ci\u003eExternal Sector:\u003c\/i\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e21.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eForeign Trade and Trade Policy\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e22.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eBalance of Payments\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e23.\u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eIndia and the WTO\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003e \u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eGlossary\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e \u003cspan class=\"Apple-tab-span\"\u003e \u003c\/span\u003eSelect Bibliography\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003ctable style=\"width: 100.707%; height: 85px;\" width=\"100%\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 21.25px;\"\u003e\n\u003ctd style=\"width: 51.5957%; height: 21.25px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 48.0496%; height: 21.25px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 21.25px;\"\u003e\n\u003ctd style=\"width: 51.5957%; height: 21.25px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 48.0496%; height: 21.25px;\"\u003e2014\u003cmeta charset=\"utf-8\"\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 21.25px;\"\u003e\n\u003ctd style=\"width: 51.5957%; height: 21.25px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 48.0496%; height: 21.25px;\"\u003e552\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 21.25px;\"\u003e\n\u003ctd style=\"width: 51.5957%; height: 21.25px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 48.0496%; height: 21.25px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e\n\u003cspan\u003e9789332701670\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila","offers":[{"title":"Paperback \/ ENG- English \/ Economics","offer_id":51553582874945,"sku":null,"price":745.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/9789332701670-web-305-Uma-K.jpg?v=1774947895"}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/collections\/AtextonMathematical_front.png?v=1777287705","url":"https:\/\/www.academicfoundation.com\/collections\/reference-texts.oembed","provider":"Academic Foundation | AF Press","version":"1.0","type":"link"}