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Essays by leading academics, policymakers, and industrialists examine India's economic success in the late 1990s. India's economy over the last decade looks in many ways like a success story; after a major economic crisis in 1991, followed by bold reform measures, the economy has experienced a rapid economic growth rate, more foreign investment, and a boom in the information technology sector. Yet many in the country still suffer from crushing poverty, and social and political unrest remains a problem. These essays by leading academics, policymakers, and industrialists -- including one by Amartya Sen, the 1998 winner of the Nobel Prize in economics for his work on poverty and inequality -- examine the facts of India's recent economic successes and their social and cultural context. India's rate of economic growth after the 1991 reforms were instituted reached a remarkable 7 percent for three consecutive years, from 1994 to 1997. Several contributors to India's Emerging Economy ask what this means for the nation as a whole. In his essay "Democracy and Secularism in India," Amartya Sen argues that economic progress is not the only way to measure a nation's performance. Other essays examine the actual effect India's economic growth has had on reducing poverty and recommend policies to empower the poor. Essays also address such issues as globalization and the vulnerabilities and opportunities it creates, India's experience with monetary and fiscal reform, the rapid growth of the information technology sector (including a case study of India's software industry), and India's grassroots economy.
THE INDIAN ECONOMY MCQ (MULTIPLE CHOICE QUESTIONS) SERVES AS A VALUABLE RESOURCE FOR INDIVIDUALS AIMING TO DEEPEN THEIR UNDERSTANDING OF VARIOUS COMPETITIVE EXAMS, CLASS TESTS, QUIZ COMPETITIONS, AND SIMILAR ASSESSMENTS. WITH ITS EXTENSIVE COLLECTION OF MCQS, THIS BOOK EMPOWERS YOU TO ASSESS YOUR GRASP OF THE SUBJECT MATTER AND YOUR PROFICIENCY LEVEL. BY ENGAGING WITH THESE MULTIPLE-CHOICE QUESTIONS, YOU CAN IMPROVE YOUR KNOWLEDGE OF THE SUBJECT, IDENTIFY AREAS FOR IMPROVEMENT, AND LAY A SOLID FOUNDATION. DIVE INTO THE INDIAN ECONOMY MCQ TO EXPAND YOUR INDIAN ECONOMY KNOWLEDGE AND EXCEL IN QUIZ COMPETITIONS, ACADEMIC STUDIES, OR PROFESSIONAL ENDEAVORS. THE ANSWERS TO THE QUESTIONS ARE PROVIDED AT THE END OF EACH PAGE, MAKING IT EASY FOR PARTICIPANTS TO VERIFY THEIR ANSWERS AND PREPARE EFFECTIVELY.
This volume is an overview of, and commentary on, aspects of contemporary India and its socio-economic policies. It focuses on India’s economy and society in recent years, and in the process it addresses structural issues of development such as those of population, poverty, inequality, health, and social exclusion. It reviews the adequacy and appropriateness of governmental response to these problems, in terms of public policy, narrowly conceived, and philosophical orientation, more broadly conceived. The concern is not only with economic achievement and human development but also with the framework of civic rights, personal liberty, and institutional autonomy within which the exercise of governance is perceived to be carried out. The essays in this volume were originally written with the general-reader-as-involved-citizen very much in mind as the intended target. However, it should also be of interest to scholars of economics, political science, development studies, and South Asian studies.
By drawing on her extensive fieldwork in India and on the adjacent theoretical literature, Barbara Harriss-White describes the working of the Indian economy through its most important social structures of accumulation. Successive chapters explore a range of topics including labour, capital, the state, gender, religious plurality, caste and space. Despite the complexity of the subject, the book is vivid and compelling. The author's intimate knowledge of the country enables the reader to experience the Indian local scene and to engage with the precariousness of daily life. Her conclusion challenges the prevailing notion that liberalisation releases the economy from political interference and leads to a postscript on the economic base for fascism in India. This is an intelligent book, first published in 2002, by a distinguished scholar, for students of economics, as well as for those studying the region.
Critical of the economic and political power relations in contemporary India, this book is written from the vantagepoint of the working masses whose basic economic and democratic rights remain unmet. Written for a broader audience beyond the academic community, the essays that make up the book provide short critical commentaries on different aspects of Indian society undergoing significant changes in recent times. The essays are conceptually driven and include empirical details, but they generally avoid the usual perils of academicism, by expressing complicated ideas in a relatively simple language and by drawing out their practical implications. This book is co-published with Aakar Books, New Delhi. Taylor & Francis does not sell or distribute the print versions of this book in India, Pakistan, Nepal, Bhutan, Bangladesh and Sri Lanka.
This collection of essays deals with various aspects of economic reforms undertaken in India since the early 1990s with special emphasis on economic growth. The essays underscore the remarkably swift turnaround in the Indian economy from crisis condition in 1991 to good health by 1995. In thispaperback edition, a new preface addresses issues of India's phenomenal economic growth in the last few years.The early chapters deal with macroeconomic policies and performance, external sector challenges and their management and tax reforms in India, and the economic consequences of these reforms. A significant discussion is on the political and institutional factors that were at work to initiate andsustain these reforms. The final chapters highlight six major areas for government action: fiscal consolidation; improving state finances to support social development; infrastructure reforms; industrial policy reforms, management of water resources; and improvement in law and governance.
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.