Author: J. R. Gupta
Publisher: Atlantic Publishers & Dist
At The Time Of Attainment Of Independence, The Indian Economy Was In A Bad Shape. Centuries Of Exploitative Rule By The British Had Drained India Of Its Wealth. The Realization Of The Need For Resurrecting The Indian Economy Had Dawned Upon Our Leaders Even Before Independence. The National Planning Committee (Npc) Was Constituted In 1938 To Study Various Aspects Of Economic Development. After Independence, The Planning Commission Was Set Up In 1950 To Assess The Country S Needs For Material Capital And Formulate Economic Plans.During The Initial Years Of Planning Major Thrust Was To Develop Heavy And Basic Industries To Reduce The Country S Dependence On Import Of Machinery And Equipment, And Initiate Self-Sustained Long-Term Growth. The Progress Under The Nehru-Mahalanobis Model Of Growth Which Continued Upto The 1980S Was Slow. The 1990S Saw Major Shifts In Economic Policies With The Introduction Of Privatization And Liberalization In The Form Of Industrial Delicensing And Opening Up Of Indian Economy To International Trade. The Economic Reforms, Together With The Adoption Of New Technologies And Building Up Of Infrastructure, Have Led To A High Annual Gdp Growth Rate Of Over Eight Per Cent For The Last Three Years. Nearly All Economic Indicators Are In The Positive Zone.Paradoxically, However, The Country Is Experiencing Shortages In Amenities, Infrastructure And Essential Services. The Basic Objectives Of Alleviation Of Poverty, Generation Of Adequate Employment Opportunities And Removal Of Inequalities Of Income And Wealth Have Not Been Realized. Growth Is, By And Large, Confined To Our Urban Areas.The Book Studies The Structure And Features Of Indian Economy And Analyses All The Important Issues Relating Thereto. It Includes Latest Facts And Figures. It Will Be Useful To The Economists, Government Executives, Parliamentarians And Legislators To Frame Effective Policies. The Coverage And Treatment Of The Subject Will Immensely Help Students Of Economics And The Aspiring Candidates Of Various Competitive Examinations.
Publisher: Tata McGraw-Hill Education
˜ Indian Economy by Ramesh Singh is rapidly gaining stature and popularity among discering readers. The book's broad sweep of macro and micro issues, right from the heydays of centralized planning to the current era of liberalisation, makes it very useful for civil services aspirants, academicians, researchers and anyone interested in understanding the dynamics, evolution and present status of our economy.
Author: Bimal Jalan
Publisher: Penguin UK
The Indian Economy: Problems and Prospects, first published in 1992, looks at the country's economy and the resolved fiscal crisis from a historical perspective. Edited and updated with a new Introduction by Bimal Jalan, the book retains the thirteen essays written by eminent economic thinkers in 1991 and 1992 in their original form as they provide a comprehensive overview of India's economic development since Independence and answer questions on key economic issues that are as relevant today as they were at that time. Bipan Chandra conducts a historical survey of fiscal developments during the colonial period, the late V.M. Dandekar evaluates India's economic performance from 1950 to 1990, and Rakesh Mohan traces the history of industrial controls from the pre-independence era. Also included are essays by C.H. Hanumantha Rao, C. Rangarajan and Narendra Jadhav, Raja Chelliah, Sudipto Mundle and M. Govinda Rao, Jyoti and Kirit Parikh, Pravin Visaria, T.S. Papola, Pranab Bardhan and Kaushik Basu. In his revised Introduction, Bimal Jalan assesses the country's economic progress since 1991, examines crucial events and their relative significance. Exploring diverse aspects of the Indian economy as well as the political, institutional and legal implications of economic reforms, these insightful and revelatory essays will be of enormous interest to experts and the general reader alike.
Author: Mihir Sharma
Publisher: Random House India
In Restart, Mihir S. Sharma shows what can and must change in India's policies, its administration and even its attitudes. The answers he provides are not obvious. Nor are they all comforting or conventional. Yet they could, in less time than you can imagine, unleash the creativity of a billion hopeful Indians.
Author: Uma Kapila
Publisher: Academic Foundation
Revised annually, this collection of articles by India's topmost economists and experts presents a comprehensive and critical analysis of the country's economy since its independence in 1947.
Author: Uma Kapila
Publisher: Academic Foundation
Designed for use in undergraduate courses in Indian Economy B.A. (Pass), B.Com. (Pass) and Honours (Subsidiary) in various Indian universities, the first part of the book discusses issues in `Development and Planning' with reference to India, covering Colonialism and Underdevelopment, Factors in Development, Capital Formation, Demographic Factors, Problems of Planning & Development; Industrial Policy; Relative Roles of Public and Private Sectors; Disinvestment and Issue of Privatisation; Savings and Investment; Mobilisation of Resources for the Plans; A broad review of planning upto the beginning of the Tenth Five Year Plan, and India's Economic Reforms. In the second part of the book, the discussions is on `sectoral aspects' of the Indian economy viz., Agriculture: Problems of Productivity, Technology, Green Revolution, Land Reforms, Rural Credit, Marketing, and India's Food Security System; Industry: Growth and Diversification in Indian Industry, Relative Roles of Cottage, Small and Large Industries, Role of Foreign Capital and Multinationals, and Industrial Finance; External Sector: Changing Structure of India's Foreign Trade in the Post-Independence Period, and Trends in Balance of Payments. The subject of Inflation with reference to India has also been exhaustively discussed and analysed. In response to the constant feed back from teachers and students, the analysis in the text, in the present edition (4th edition) has been simplified for easy understanding by the students at various levels. Some new chapters have been added and additions in the existing chapters made, covering the latest developments and policy announcements with respect to various sectors. At the end of each chapter, some relevant questions have also been given with respect to the subject discussed.
Author: Satyendra S. Nayak
This book examines the impact of globalization on the Indian economy, exploring the trade, investment and financial aspects of globalization, and also considering its implications for the balance of payments and currency exchange rate. The first part of the book deals with the evolution of the philosophy of globalization and its impact on exchange rates, global liquidity, currency markets, and global trade and payments. It highlights the catalytic role played by the US in driving the globalization process, and provides detailed analysis of the evolution of the international monetary system to illustrate current processes of globalization. Furthermore, a critical discussion of the Asian financial crisis of 1997 is presented as well as the lessons that have emerged from the crisis. The Indian economic experience and its own policy of dealing with globalization is the focus of second part of the book. The author examines the genesis of economic reforms and liberalization in India. The success of the Indian policy of gradualism is discussed in the context of the Asian crisis, and the reasons as to why India averted a similar crisis are explored. Finally, the author examines whether the Indian currency, the rupee, can be made fully convertible. This book makes a valuable contribution to the literature on globalization and development and should be of interest to academics interested in the global economy, international finance, international development and also to academics with an interest in South Asian Studies.
Author: Chetan Ghate
Publisher: OUP USA
India's remarkable economic growth in recent years has made it one of the fastest growing economies in the world. This Oxford Handbook reflects India's growing economic importance on the world stage, and features research on core topics by leading scholars to understand the Indian economic miracle and the obstacles India faces in transforming itself into a modern 21st-century economy.
Author: M. Fujita
This book aims to trigger a wider examination of Asian economic integration. It looks at the institutional progression of regional economic integrations in countries in Asia, including Japan, Korea and China; it also looks at India's participation in the Asian market, and how it will affect other East Asian countries.
Author: Anjan Chakrabarti, Anup K. Dhar, Byasdeb Dasgupta
Publisher: Cambridge University Press
Taking the period following the advent of liberalization, this book explains the transition of the Indian economy against the backdrop of development. If the objective is to explore the new economic map of India, then the distinct contributions in the book could be seen as twofold. The first is the analytical frame whereby the authors deploy a unique Marxist approach consisting of the initial concepts of class process and the developing countries to address India's economic transition. The second contribution is substantive whereby the authors describe India's economic transition as epochal, materializing out of the new emergent triad of neo-liberal globalization, global capitalism and inclusive development. This is how the book theorizes the structural transformation of the Indian economy in the twenty-first century. Through this framework, it interrogates and critiques the given debates, ideas and policies about the economic development of a developing nation.