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Hard-cover • 2018
Pages: 310
ISBN: 9789332704350
US$65.65
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Publisher:
Academic Foundation

My Journey from Marxism-Leninism to Nehruvian Socialism

Some Memoirs and Reflections on Inclusive Growth

C.H. HANUMANTHA Rao

About the Book

<p>This insightful and inspiring book by C.H. Hanumantha Rao portrays the socioeconomic situation and participation of the author in the major events since the mid-1940s focusing on the ideological struggle experienced by him, and on development policies and strategies. The changes in the author’s outlook from a Marxist in his student days to a Nehruvian have been marked by serious introspections in the light of contending ideological positions. He discusses issues he faced as member, Planning Commission, under the leadership of Prime Ministers Mrs Indira Gandhi and Shri Rajiv Gandhi, relating to economic planning and policies in India in the light of the Nehruvian perspective of a mixed economy with socialist orientation within a democratic set-up where private sector and markets have a significant place. Globalisation and economic reforms in India in the wake of the breakdown of centralised planning in the former socialist countries and the relevance of Nehruvian model for evolving a balanced approach to reforms by addressing the problems of poverty and inequality are discussed in detail. It also includes his essays on ‘inclusive growth’ written over the last three years.</p> <p>An informed memoir by one of the most respected and eminent economist of modern India, the book would be of interest to university teachers, policy makers, legislators, students as well as general readers.</p>

Praise for this book

<p>Delighted that responding to our urging, Professor Rao&nbsp; penned his memoirs: several fascinating journeys; for example, from a Princely State to free India, from Bharath to India; from a communist to a liberal pragmatist; from a single state for Telugus to bifurcation.&nbsp; Forthright and matter of fact in the narration, the book reflects the personality of the author—a scholar with a kind heart, generosity, integrity and dignity.&nbsp; An informative, inspiring and insightful book—a valuable addition to literature on India @ 70.<br /> <strong>—Dr Y. Venugopal Reddy,</strong> <em>Former Governor, Reserve Bank of India.</em></p> <p>&nbsp;</p> <p>C.H. Hanumantha Rao is a distinguished economist and a committed scholar, enriched by time spent in the public policy domain, who has devoted his professional lifetime to the study of India. This book is about his ideological and intellectual journey over seven decades, which also provides a perceptive analysis of economy, polity and society in India since independence. There are two essential messages that emerge:&nbsp; the concern for efficiency must be balanced with a concern for equity, just as the quest for economic growth must be balanced with a quest for social development; growth can be inclusive only if it creates employment and improves the wellbeing of people. It is an engaging read which should be of interest to teachers, students and researchers in economics, as well as policymakers in development.<br /> <strong>—Deepak Nayyar,</strong><em> Emeritus Professor of Economics, Jawaharlal Nehru University, New Delhi, Former Chief Economic Adviser, Government of India, and former Vice Chancellor, University of Delhi.</em></p> <p>&nbsp;</p> <p>Most fascinating story of an academician engaged in practical encounter with India’s economic development, tracing paradigm shift from a Nehruvian socialism, to globalisation and economic reforms, down to socially inclusive pro-poor growth to deal with poverty, and inequality. Deeply insightful with a lesson to avoid two extreme on the left and the right, and relevance of balanced approach.<br /> <strong>—Sukhadeo Thorat,</strong> <em>Professor Emeritus, Centre for the Study of Regional Development, School of Social Sciences, Jawaharlal Nehru University, New Delhi; Managing Trustee, Indian Institute of Dalit Studies, New Delhi; Former Chairman of University Grants Commission, and Indian Council of Social Science Research.</em></p>

About the Author(s) / Editor(s)

C.H. Hanumantha Rao holds a PhD from the Delhi School of Economics, University of Delhi (1962). He was Post-Doctoral Fellow, Department of Economics, University of Chicago (1966-67) and Fellow, Institute of Economic Growth, University of Delhi (1961-1992). He has been Hon. Professor, Centre for Economic and Social Studies, Hyderabad since 1992. His areas of interest are: Agricultural Economics, Development Planning and Policy. He has been a member of the Planning Commission, Finance Commission, on the Board of Directors of the RBI; Member, National Advisory Council; and Chancellor, University of Hyderabad. He was awarded ‘Padma Bhushan’ by the President of India in 2004 in the field of literature and education.

Contents in Detail

Introduction

 

Part One

I-A

Journey from Marxism-Leninism to
Nehruvian Socialism: Some Memoirs

 

1. My Early Years: Participation in the Struggle
    for Freedom, Democracy and Socialism

 

2. From Marxism-Leninism to Nehruvian Socialism:
    An Introspection
    Appendix

 

3. Four Years (1982-1986) in the Planning Commission:
    The Leadership of Indira Gandhi and Rajiv Gandhi

 

4. Economic Reforms and Continued Relevance of
    Nehruvian Model of Equitable Development

 

5. Challenges of Post-Nehru Era
    Epilogue

 

6. Indian Development: Options and Choices
    Epilogue

 

7. Fighting Religious Fundamentalism:
    Role of Ideology and Social Policy

 

8. Conditions Favourable to Economic
    Reforms in the Early 1990s

 

9. Twenty Five Years of Economic Reforms:
     Remembering Shri P.V. Narasimha Rao

 

10. From PhD Student to Board Chairman:
      My Experiences at the Institute of Economic Growth, Delhi

 

11. Professor P.N. Dhar

 

12. Professor Dharm Narain

 

13. Delhi School of Economics Annual Day Address

 

 

I-B

From Vishal Andhra to Telangana

 

1. Letter to the Editor on Telangana (National Herald, 20 July 1969)

 

2. Statehood for Telangana: The Current Stalemate

 

3. Release of Ghanta Chakrapani’s Book “Telangana Jaitra Yatra”

 

4. Major Development Challenges to Telangana State

 

5. Telangana Agriculture Performance, Policy and Research Strategy

 

6. Development of Telangana: Policy Concerns

 

 

Part TWO

II-A

Some Reflections on Inclusive Growth

 

1. Crisis in Economic Theory:
    Implications for Indian Economy

 

2. Marginalised Groups and Inclusive Growth:
    Implications for Indian Economy

 

3. Future of Indian Children

 

4. A Study on Young Lives

 

5. Division for Sustainable Development
    Studies at the CESS

 

6. India Labour and Employment Report 2014:
    Workers in the Era of Globalisation

 

7. Dynamics of Rural Labour Markets in India:
    Recent Trends and Policy Concerns

 

8. Some Major Issues Related to Adivasis

 

9. Governance, Resources, and Livelihoods of
    Adivasis in India: Strengthening Tribal Leadership for
    Effective Implementation of PESA and FRA

 

10. Poverty as an Element in Priority Setting for Agricultural
      Research at International Research Centres’ Level

 

11. Key Aspects of State-level Planning

 

12. Language Question: A Key to Educational Reform

 

II-B

Comments on Some Books and Papers

 

1. Michael Lipton: Why Poor People Stay Poor:
   Urban Bias in World Development

 

2. K.N. Raj: Organisational Issues in Indian Agriculture

 

3. Deepak Nayyar: Economic Liberalisation in India—
    Analytics, Experience and Lessons

 

4. Ester Boserup: The Conditions of Agricultural Growth—
    The Economics of Agrarian Change under Population Pressure

 

5. Yujiro Hayami: Japanese Agriculture under Siege—
    The Political Economy of Agricultural Policies

 

6. N. Subba Reddy: Cultural Diversity and Common Humanity

 

7. Indira Hirway: Abolition of Poverty in India,
    with Special Reference to Target Group Approach in Gujarat

 

8. B.M. Bhatia: Indian Agriculture—A Policy Perspective

 

9. Pulapre Balakrishnan: Economic Growth in India—
    History and Prospect

 

10. Raj Krishna: A Study on the Marketable Surplus
      Function for a Subsistence Crop

 

11. Dharm Narain: Distribution of the Marketed Surplus of
      Agricultural Produce by Size Level of Holding in India in 1950-51

 

 References

 Index


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