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Paperback • 2021
Pages: 580
ISBN: 9789332705555
US$59.95
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Publisher:
Academic Foundation

Indian Economy (2020-21 Edition)

Economic Development and Policy in India

Uma Kapila (Ed.)

About the Book

<p>The book in 21 chapters across five sections, covers: (i) issues in growth,&nbsp;development, sustainability and factors in developments; (ii) economic&nbsp;development since independence covering major features of Indian economy at&nbsp;independence, planning, market and the state, population and economic development:&nbsp;demographic trends and issues—education, health and malnutrition; (iii) growth and&nbsp;development under different policy regimes: growth and structural change, regional&nbsp;contrast, saving and investment, monetary, fiscal, budgetary developments, policies and&nbsp;fiscal federalism; (iv) assessment of Indian development experience—poverty,&nbsp; inequality,&nbsp;unemployment, labour market and employment: issues of employment and inclusiveness;&nbsp;and (v) comparative picture of Indian economy: international comparisions.</p> <p>Every effort has been made to provide the readers the original readings&nbsp;recommended by reproducing the particular paper/article from the original source.&nbsp;However, where the revised version of the same article is available, the book carries&nbsp;the revised version for the benefit of the students and teachers. The revised 3rd edition&nbsp;of the book in five sections comprises some chapters authored by the editor based on the&nbsp;course outline as also the recommended readings.</p>

About the Author(s) / Editor(s)

Uma Kapila
Reader (Retd.), Department of Economics, Miranda House, University of Delhi. Presently, Editorial Director, Academic Foundation, New Delhi.

Contributors

Arnab Acharya
Sr. Lecturer, London School of Hygiene and Tropical Medicine, London, UK.

Sanghmitra Acharya
Director, Indian Institute of Dalit Studies, New Delhi.

Pulapre Balakrishnan
Professor of Economics, Ashoka University, Kundli, Haryana.

Rama Baru
Professor, Centre of Social Medicine and Community Health, Jawaharlal Nehru University, New Delhi

Tim Dyson
Professor, Population Studies, DESTIN, London School of Economics, London.

Indrani Gupta
Professor, Institute of Economic Growth, Delhi University, Delhi.

Radhicka Kapoor
Senior Fellow, Indian Council for Research in International Economic Relations, New Delhi.

Muneesh Kapur
Director, Monetary Policy Department, Reserve Bank of India, Mumbai.

Uma Kapila
Reader (Retd.), Department of Economics, Miranda House, University of Delhi. Presently, Editorial Director, Academic Foundation, New Delhi.

A.K. Shiva Kumar
Co-Chair, Know Violence in Childhood Global Learning Initiatives; earlier Director, International Centre for Human Development, New Delhi.

Rakesh Mohan
President & Distinguished Fellow at CSEP (Centre for Social and Economic Progress), New Delhi, Formerly Deputy Governor, Reserve Bank
of India, Mumbai.

K. Nagaraj
Professor, Madras Institute of Development Studies, Chennai, Tamil Nadu

C. Rangarajan
Chairman, Madras School of Economics, Chennai; formerly Governor, Reserve Bank of India, Mumbai; Chairman, Prime Minister’s Economic
Advisory Council.

Y. Venugopal Reddy
Former Governor, Reserve Bank of India, Mumbai; Chairman, Fourteenth Finance Commission.

Jayan Jose Thomas
Assistant Professor, Humanities and Social Sciences Department, Indian Institute of Technology, New Delhi.


Contents in Detail
Preface
Contributors
 
Section I
Issues in Growth, Development, Sustainability and 
Factors in Development
 
1. Growth, Development and Sustainability
Uma Kapila
 
2. Comparative Economic Development
Uma Kapila
 
3. Economic Development: Factors and Strategies
Uma Kapila
 
Section II
Economic Development in India Since Independence
 
4. Indian Economy at Independence
Uma Kapila
 
5. Planning, Market and the State
Uma Kapila
 
6. Population and Economic Development
Uma Kapila
 
7. India’s Demographic Transition and its Consequences for Development
Tim Dyson
 
8. The Unequal Effects of the Covid-19
Crisis on the Labour Market
Radhicka Kapoor
 
9. Labour Market Changes in India,
2005–2018: Missing the Demographic
Window of Opportunity?
Jayan Jose Thomas
 
10. Relying on Serendipity is not Enough:
Building a Resilient Health Sector in India
Indrani Gupta
 
 
Section III
Growth and Structural Change
 
11. Growth and Structural Change Since 1951
Uma Kapila
 
12. The Recovery of India: Economic Growth
in the Nehru Era
Pulapre Balakrishnan
 
13. Pressing the Indian Growth Accelerator:
Policy Imperatives
Rakesh Mohan and Muneesh Kapur
 
14. Growth and Investment: The Interlinks
C. Rangarajan
 
15. Monetary, Fiscal and Budgetary Developments:
Policies and their Impact
Uma Kapila
 
16. Fiscal Federalism: Centre-State Fiscal Relations
Uma Kapila
 
17. Fourteenth Finance Commission:
Continuity, Change and Way Forward
Y. Venugopal Reddy
 
 
Section IV
Assessment of Indian Development Experience
 
18. Assessment of the Growth Experience
Poverty, Inequality and Unemployment
Uma Kapila
 
19. Report of the Expert Group to Review the
Methodology for Measurement of Poverty:
Executive Summary
RANGARAJAN Committee Report
 
 
20. Inequities in Access to Health Services
in India: Caste, Class and Region
Rama Baru, Arnab Acharya, Sanghmitra Acharya,
A.K. Shiva Kumar and K. Nagaraj
 
 
Section V
Comparative Picture of Indian Economy
 
21. Indian Economy Today:
Overview and Comparative Perspective
Uma Kapila

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