The Emerging Big Picture
Making Sense of India's Economy : A set of 2 volumes
Uma Kapila (Ed.)
Making Sense of India's Economy : A set of 2 volumes
About the Book
Indian economy is currently going through a difficult period. However, the problems are not unique to India. Growth has slowed down in many other emerging market and developing economies (EMDEs). This book entitled: “The Emerging Big Picture: Making Sense of India’s Economy”, in two volumes, comprising the writings of eminent economists, policy makers, distinguished scholars and subject experts, throws light on various reasons attributed to the growth slowdown and collectively provide roadmap for not only accelerating economic growth but also sustainable and regionally more inclusive growth.
About the Author(s) / Editor(s)
Uma Kapila, PhD, retired as Reader, Department of Economics, Miranda House, University of Delhi. An alumna of Miranda House and Delhi School of Economics, she has taught Indian economy to undergraduate students for 42 years. She has authored/edited numerous books on the subject, including some the most widely acclaimed textbooks on Indian economy. She is also the co-editor (along with Raj Kapila) of the ongoing series Economic Developments in India, a monthly update published by Academic Foundation in the form of a book accompanied by a CD-Rom. Presently, Uma Kapila is Senior Editor, Academic Foundation.
Contributors
Shankar Acharya
K.C. Chakrabarty
P. Chidambaram
Bibek Debroy
G. Gopalakrishna
Ashok Gulati
Anwarul Hoda
Harun R. Khan
Deepali Pant Joshi
Deepak Mohanty
N.A. Mujumdar
Pranab Mukherjee
Raghuram Rajan
Indira Rajaraman
C. Rangarajan
Shweta Saini
Manmohan Singh
Anand Sinha
Duvvuri Subbarao
Arvind Subramanian
V.S. Vyas.
Contents in Detail
Volume 1
Editor/Contributors
Acknowledgements
Introduction | Uma Kapila
I. Macroeconomic Challenges
1. India’s Economy: The Emerging Big Picture
MANMOHAN SINGH
2. Indian Economy: Challenges and Governments’ Initiatives
PRANAB MUKHERJEE
3. India’s Macroeconomic Challenges: Some Reserve Bank
Perspectives
DUVVURI SUBBARAO
4. June 2013 Crash: Role of QE3 and Weak Fundamentals
of the Indian Economy
N.A. MUJUMDAR
5. Indian Economic Crisis and the Fall of Rupee
MANMOHAN SINGH
6. Current Slowdown of Indian Economy: Causes and Measures
MANMOHAN SINGH
7. Filtering Out the Real India
RAGHURAM RAJAN
8. From Anxiety to Complacency in Six Weeks?
SHANKAR ACHARYA
9. Two Issues in India’s Growth Story
C. RANGARAJAN
10. Regaining the Growth Momentum: Issues and Imperatives
K.C. CHAKRABARTY
11. The Muddle-Income Trap
BIBEK DEBROY
12. The Agenda for the Next Five Years
P. CHIDAMBARAM
13. Towards Strengthening the Higher Education System in India
MANMOHAN SINGH
14. Connecting across Generations: Future of Indian
Economy and Concerns
MANMOHAN SINGH
15. Dynamics of Inflation
C. RANGARAJAN
16. Indian Inflation Puzzle
DEEPAK MOHANTY
17. The Reserve Bank’s Mission Impossible?
ARVIND SUBRAMANIAN
18. Is There a New Normal for Inflation?
DUVVURI SUBBARAO
19. Accelerating Economic Growth and Making
the Growth Process Socially and Regionally
More Inclusive: Policy Measures
MANMOHAN SINGH
20. Reaching the Unreached: To make Poverty
Alleviation Programmes More Effective
V.S. VYAS
21. India: Next Wave of Inclusive Growth
P. CHIDAMBARAM
22. Consumer Protection: Agenda for Inclusive Growth
DEEPALI PANT JOSHI
23. Funding States
INDIRA RAJARAMAN
II. Sectoral Issues
24. Three Cheers for Indian Agriculture!
ASHOK GULATI
25. From Green to Gene Revolution
ASHOK GULATI
26. Food Ordinance: More Rhetoric than Logic
N.A. MUJUMDAR
27. Food and Nutritional Security
ASHOK GULATI
28. Bringing Food Inflation below 6 Per cent
SHWETA SAINI and ASHOK GULATI
29. Why is Recent Food Inflation in India so Persistent?
DEEPAK MOHANTY
30. Changing Contours of Rural India: Causes and Consequences
V.S. VYAS
31. India’s Agricultural Trade Policy and Sustainable
Development Goals
ANWARUL HODA and ASHOK GULATI
32. Towards Building Partnership between Government of India,
Industry, Trade Unions and State Governments
MANMOHAN SINGH
33. Opportunities and Challenges for Diaspora Investments
in India
P. CHIDAMBARAM
34. The Rise of the East: Implications for the Global Economy
P. CHIDAMBARAM
35. India and China in the New Era
MANMOHAN SINGH
VOLUME 2
Editor/Contributors
Acknowledgements
Introduction | Uma Kapila
1. The Five Pillars of RBI’s Financial Sector Policies
RAGHURAM RAJAN
2. Efficacy of Monetary Policy Rules in India
DEEPAK MOHANTY
3. Indian Financial Markets: Fuelling the Growth
of the Indian Economy
HARUN R. KHAN
4. Interest Rates and Economic Activity
DEEPAK MOHANTY
5. Productivity Trends in Indian Banking in the
Post-Reform Period: Experience, Issues
and Future Challenges
K.C. CHAKRABARTY
6. Governance in Banks and Financial Institutions
ANAND SINHA
7. Banking Structure in India: The Way Forward
N.A. MUJUMDAR
8. Two Decades of Credit Management in Indian Banks:
Looking Back and Moving Ahead
K.C. CHAKRABARTY
9. Promoting Retail Investor Participation in
Government Bonds
HARUN R. KHAN
10. National Stock Exchange of India: A Catalyst
in Reforming the Indian Securities Market
P. CHIDAMBARAM
11. Frauds in the Banking Sector: Causes, Concerns
and Cures
K.C. CHAKRABARTY
12. Building a Criminal Justice System to Deal with
Financial Crimes
P. CHIDAMBARAM
13. Banks: ‘Scripting’ the Way Forward
N.A. MUJUMDAR
14. Financial Sector Reforms: Indian Financial Code
P. CHIDAMBARAM
15. Banking as a Fundamental Right of People:
Meeting the Challenges of the Century
K.C. CHAKRABARTY
16. The Philosophy of Financial Inclusion and Rural Credit
N.A. MUJUMDAR
17. Financial Inclusion in India: Journey So Far and
Way Forward
K.C. CHAKRABARTY
18. Indian Rural Banking Sector: Big Challenges
and the Road Ahead
DEEPALI PANT JOSHI
19. Financial Inclusion of Urban Poor in India
K.C. CHAKRABARTY
20. Perspectives on Housing Finance in India
DEEPAK MOHANTY
21. Market Risk Analysis
G. GOPALAKRISHNA
22. The Global Financial Crisis and the Indian Financial
Sector: What Have We Learnt and How Have
We Responded?
DUVVURI SUBBARAO
23. Impact of Euro Area Crisis on South Asia
DEEPAK MOHANTY
24. Restoring Global Growth Rate of G20 Summit
MANMOHAN SINGH
25. Global Liquidity and Financial Contagion
DEEPAK MOHANTY
| Publisher | AF Press |
| Publication Date | 2014 |
| Number of Pages | 416+368 |
| ISBN |
9789332701335 |
Academic Foundation (AF), based in New Delhi, is India’s leading independent publisher of academic/scholarly books in Social Sciences, specialising in Economics—Development Economics and Indian Economy in particular, and allied subjects.
About the Book
Indian economy is currently going through a difficult period. However, the problems are not unique to India. Growth has slowed down in many other emerging market and developing economies (EMDEs). This book entitled: “The Emerging Big Picture: Making Sense of India’s Economy”, in two volumes, comprising the writings of eminent economists, policy makers, distinguished scholars and subject experts, throws light on various reasons attributed to the growth slowdown and collectively provide roadmap for not only accelerating economic growth but also sustainable and regionally more inclusive growth.
About the Author(s) / Editor(s)
Uma Kapila, PhD, retired as Reader, Department of Economics, Miranda House, University of Delhi. An alumna of Miranda House and Delhi School of Economics, she has taught Indian economy to undergraduate students for 42 years. She has authored/edited numerous books on the subject, including some the most widely acclaimed textbooks on Indian economy. She is also the co-editor (along with Raj Kapila) of the ongoing series Economic Developments in India, a monthly update published by Academic Foundation in the form of a book accompanied by a CD-Rom. Presently, Uma Kapila is Senior Editor, Academic Foundation.
Contributors
Shankar Acharya
K.C. Chakrabarty
P. Chidambaram
Bibek Debroy
G. Gopalakrishna
Ashok Gulati
Anwarul Hoda
Harun R. Khan
Deepali Pant Joshi
Deepak Mohanty
N.A. Mujumdar
Pranab Mukherjee
Raghuram Rajan
Indira Rajaraman
C. Rangarajan
Shweta Saini
Manmohan Singh
Anand Sinha
Duvvuri Subbarao
Arvind Subramanian
V.S. Vyas.
Contents in Detail
Volume 1
Editor/Contributors
Acknowledgements
Introduction | Uma Kapila
I. Macroeconomic Challenges
1. India’s Economy: The Emerging Big Picture
MANMOHAN SINGH
2. Indian Economy: Challenges and Governments’ Initiatives
PRANAB MUKHERJEE
3. India’s Macroeconomic Challenges: Some Reserve Bank
Perspectives
DUVVURI SUBBARAO
4. June 2013 Crash: Role of QE3 and Weak Fundamentals
of the Indian Economy
N.A. MUJUMDAR
5. Indian Economic Crisis and the Fall of Rupee
MANMOHAN SINGH
6. Current Slowdown of Indian Economy: Causes and Measures
MANMOHAN SINGH
7. Filtering Out the Real India
RAGHURAM RAJAN
8. From Anxiety to Complacency in Six Weeks?
SHANKAR ACHARYA
9. Two Issues in India’s Growth Story
C. RANGARAJAN
10. Regaining the Growth Momentum: Issues and Imperatives
K.C. CHAKRABARTY
11. The Muddle-Income Trap
BIBEK DEBROY
12. The Agenda for the Next Five Years
P. CHIDAMBARAM
13. Towards Strengthening the Higher Education System in India
MANMOHAN SINGH
14. Connecting across Generations: Future of Indian
Economy and Concerns
MANMOHAN SINGH
15. Dynamics of Inflation
C. RANGARAJAN
16. Indian Inflation Puzzle
DEEPAK MOHANTY
17. The Reserve Bank’s Mission Impossible?
ARVIND SUBRAMANIAN
18. Is There a New Normal for Inflation?
DUVVURI SUBBARAO
19. Accelerating Economic Growth and Making
the Growth Process Socially and Regionally
More Inclusive: Policy Measures
MANMOHAN SINGH
20. Reaching the Unreached: To make Poverty
Alleviation Programmes More Effective
V.S. VYAS
21. India: Next Wave of Inclusive Growth
P. CHIDAMBARAM
22. Consumer Protection: Agenda for Inclusive Growth
DEEPALI PANT JOSHI
23. Funding States
INDIRA RAJARAMAN
II. Sectoral Issues
24. Three Cheers for Indian Agriculture!
ASHOK GULATI
25. From Green to Gene Revolution
ASHOK GULATI
26. Food Ordinance: More Rhetoric than Logic
N.A. MUJUMDAR
27. Food and Nutritional Security
ASHOK GULATI
28. Bringing Food Inflation below 6 Per cent
SHWETA SAINI and ASHOK GULATI
29. Why is Recent Food Inflation in India so Persistent?
DEEPAK MOHANTY
30. Changing Contours of Rural India: Causes and Consequences
V.S. VYAS
31. India’s Agricultural Trade Policy and Sustainable
Development Goals
ANWARUL HODA and ASHOK GULATI
32. Towards Building Partnership between Government of India,
Industry, Trade Unions and State Governments
MANMOHAN SINGH
33. Opportunities and Challenges for Diaspora Investments
in India
P. CHIDAMBARAM
34. The Rise of the East: Implications for the Global Economy
P. CHIDAMBARAM
35. India and China in the New Era
MANMOHAN SINGH
VOLUME 2
Editor/Contributors
Acknowledgements
Introduction | Uma Kapila
1. The Five Pillars of RBI’s Financial Sector Policies
RAGHURAM RAJAN
2. Efficacy of Monetary Policy Rules in India
DEEPAK MOHANTY
3. Indian Financial Markets: Fuelling the Growth
of the Indian Economy
HARUN R. KHAN
4. Interest Rates and Economic Activity
DEEPAK MOHANTY
5. Productivity Trends in Indian Banking in the
Post-Reform Period: Experience, Issues
and Future Challenges
K.C. CHAKRABARTY
6. Governance in Banks and Financial Institutions
ANAND SINHA
7. Banking Structure in India: The Way Forward
N.A. MUJUMDAR
8. Two Decades of Credit Management in Indian Banks:
Looking Back and Moving Ahead
K.C. CHAKRABARTY
9. Promoting Retail Investor Participation in
Government Bonds
HARUN R. KHAN
10. National Stock Exchange of India: A Catalyst
in Reforming the Indian Securities Market
P. CHIDAMBARAM
11. Frauds in the Banking Sector: Causes, Concerns
and Cures
K.C. CHAKRABARTY
12. Building a Criminal Justice System to Deal with
Financial Crimes
P. CHIDAMBARAM
13. Banks: ‘Scripting’ the Way Forward
N.A. MUJUMDAR
14. Financial Sector Reforms: Indian Financial Code
P. CHIDAMBARAM
15. Banking as a Fundamental Right of People:
Meeting the Challenges of the Century
K.C. CHAKRABARTY
16. The Philosophy of Financial Inclusion and Rural Credit
N.A. MUJUMDAR
17. Financial Inclusion in India: Journey So Far and
Way Forward
K.C. CHAKRABARTY
18. Indian Rural Banking Sector: Big Challenges
and the Road Ahead
DEEPALI PANT JOSHI
19. Financial Inclusion of Urban Poor in India
K.C. CHAKRABARTY
20. Perspectives on Housing Finance in India
DEEPAK MOHANTY
21. Market Risk Analysis
G. GOPALAKRISHNA
22. The Global Financial Crisis and the Indian Financial
Sector: What Have We Learnt and How Have
We Responded?
DUVVURI SUBBARAO
23. Impact of Euro Area Crisis on South Asia
DEEPAK MOHANTY
24. Restoring Global Growth Rate of G20 Summit
MANMOHAN SINGH
25. Global Liquidity and Financial Contagion
DEEPAK MOHANTY
| Publisher | AF Press |
| Publication Date | 2014 |
| Number of Pages | 416+368 |
| ISBN |
9789332701335 |
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