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The subject of India's rapid growth in the past two decades has become a prominent focus in the public eye. A book that documents this unique and unprecedented surge, and addresses the issues raised by it, is sorely needed. Arvind Panagariya fills that gap with this sweeping, ambitious survey. India: The Emerging Giant comprehensively describes and analyzes India's economic development since its independence, as well as its prospects for the future. The author argues that India's growth experience since its independence is unique among developing countries and can be divided into four periods, each of which is marked by distinctive characteristics: the post-independence period, marked by liberal policies with regard to foreign trade and investment, the socialist period during which Indira Ghandi and her son blocked liberalization and industrial development, a period of stealthy liberalization, and the most recent, openly liberal period. Against this historical background, Panagariya addresses today's poverty and inequality, macroeconomic policies, microeconomic policies, and issues that bear upon India's previous growth experience and future growth prospects. These provide important insights and suggestions for reform that should change much of the current thinking on the current state of the Indian economy. India: The Emerging Giant will attract a wide variety of readers, including academic economists, policy makers, and research staff in national governments and international institutions. It should also serve as a core text in undergraduate and graduate courses that deal with Indias economic development and policies.
Some Aspects Of Early Indian Society is a comprehensive study of certain social institutions of early India based on literary and epigraphic traditions, located between Vedic times to the 8th century A.D. It poses new questions on ticklish issues like the social thought of Kautilya, Hindu sacraments, graded early Indian society, the question of the Sudras, subjection of women, Buddhist attitudes towards women, Ashoka Dharma as gleaned from rock edicts, feudal relationship and obligations between kings and vassal. This study of Kautilya's social thought is probably the first of its kind to discover the essentials of Hindu social thought and its systematic presentation. Some Aspects Of Early Indian Society is an attempt to trace the origin and growth of various Hindu sacraments in early Indian society.
Description: This work throws a flush of multi-coloured light on the Economic Organization in Ancient India from 200 BC to 200 AD. Due to the advent of alien tribes in India, this period opened new vistas of transitional era and ventilated new air of thoughtful broodings, establishing sound venues in the economic field of India making a peep into India's ties with neighbouring and distant countries in the spheres of trade and commerce, transport and communication. The present work is not merely a survey but a microscopic and complete reexamination of the prevailing concepts including land-ownership, land-tenureship, state and economy, fiscal policy and taxation. Thus it presents a panoramic revelation of commerce and economics in history with an humble approach of intensifying the cultural heritage of India. Unlike other nations, economic conditions in India have always closely been interwoven with her socio-cultural fabric throughout the pages of history. In modern times, to speak of 'pure economics' in India will be a misnomer to a large extent. In this light, the present work should not only be looked with an academician's eye, but also from the point of view of those whose interest of study lie in researches of history as it envisage to unveil the spheres of economics and planning in modern times.
Why India's problems won't be solved by rapid economic growth alone When India became independent in 1947 after two centuries of colonial rule, it immediately adopted a firmly democratic political system, with multiple parties, freedom of speech, and extensive political rights. The famines of the British era disappeared, and steady economic growth replaced the economic stagnation of the Raj. The growth of the Indian economy quickened further over the last three decades and became the second fastest among large economies. Despite a recent dip, it is still one of the highest in the world. Maintaining rapid as well as environmentally sustainable growth remains an important and achievable goal for India. In An Uncertain Glory, two of India's leading economists argue that the country's main problems lie in the lack of attention paid to the essential needs of the people, especially of the poor, and often of women. There have been major failures both to foster participatory growth and to make good use of the public resources generated by economic growth to enhance people's living conditions. There is also a continued inadequacy of social services such as schooling and medical care as well as of physical services such as safe water, electricity, drainage, transportation, and sanitation. In the long run, even the feasibility of high economic growth is threatened by the underdevelopment of social and physical infrastructure and the neglect of human capabilities, in contrast with the Asian approach of simultaneous pursuit of economic growth and human development, as pioneered by Japan, South Korea, and China. In a democratic system, which India has great reason to value, addressing these failures requires not only significant policy rethinking by the government, but also a clearer public understanding of the abysmal extent of social and economic deprivations in the country. The deep inequalities in Indian society tend to constrict public discussion, confining it largely to the lives and concerns of the relatively affluent. Drèze and Sen present a powerful analysis of these deprivations and inequalities as well as the possibility of change through democratic practice.
Contents: Introduction, The Geographical Background, How Nehru Discovered Ancient India-I, How Nehru Discovered Ancient India-II, The Economic History of Ancient India, Trade and Commerce in Ancient India, Town- Planning and House-Building in Ancient According to Silpasastras, Art and Architecture, Ancient House-Planning, Naming A Child or A Person, Mantra, Yantra and Tantra.
INDEX UNIT 1 GENERALISATION UNIT 2 CAUSATION UNIT 3 OBJECTIVITY AND INTERPRETATION UNIT 4 HISTORY, IDEOLOGY AND SOCIETY UNIT 5 GRECO-ROMAN TRADITIONS UNIT 6 TRADITIONAL CHINESE HISTORIOGRAPHY UNIT 7 HISTORIOGRAPHICAL TRADITIONS IN EARLY INDIA UNIT 8 MEDIEVAL HISTORIOGRAPHY – WESTERN UNIT 9 MEDIEVAL HISTORIOGRAPHY — ARABIC AND PERSIAN UNIT 10 MEDIEVAL HISTORIOGRAPHY: INDO-PERSIAN UNIT 11 LOCAL HISTORY UNIT 12 POSITIVIST TRADITION UNIT 13 CLASSICAL MARXIST TRADITION UNIT 14 THE ANNALES SCHOOL UNIT 15 RECENT MARXIST APPROACHES UNIT 16 POSTMODERNIST INTERVENTION UNIT 17 GENDER IN HISTORY UNIT 18 RACE IN HISTORY UNIT 19 COLONIAL HISTORIOGRAPHY UNIT 20 NATIONALIST APPROACH UNIT 21 COMMUNALIST TRENDS UNIT 22 MARXIST APPROACH UNIT 23 THE CAMBRIDGE SCHOOL UNIT 24 HISTORY FROM BELOW UNIT 25 SUBALTERN STUDIES UNIT 26 ECONOMIC HISTORY UNIT 27 PEASANTRY AND WORKING CLASSES UNIT 28 CASTE, TRIBE AND GENDER UNIT 29 RELIGION AND CULTURE UNIT 30 ENVIRONMENT, SCIENCE AND TECHNOLOGY
A focal study of the methodological changes that confront historians of pre-colonial India.
This enthralling book offers a new approach to Indian economic history, placing trade and mercantile activity in the region within a global framework.