Author: A N Agrawal
Publisher: Wishwa Prakashan
Year: 2003
Language: English
Pages: 742
ISBN/UPC (if available): 8173281106
Description
In its present 29th edition, the book has been thoroughly revised with a view to highlight the recent trends and developments in the country’s economy as also the policy-measures adopted by the Government to tackle the changing economic scenario and problems.
Three new sections on Task force on Taxes, the Twelfth Finance Commission and Progress under the Ninth plan have been added at appropriate places. Besides, Chapter 58 deals with the main aspects of the current Tenth Five-Year Plan. All this will enable the reader to properly understand the present state of the economy and the progress that it is making.
To equip the reader with the analytical tools for understanding the Indian economy, the first two chapters explain the economics of underdevelopment and development. The next two chapters give an overview of the past and the present state of the Indian economy.
Chapters on natural resources, human resources (encompassing population, labour-force, and human capital), physical capital and infrastructure describe the productive capacity of the economy.
Considerable space is then devoted to the study of national income, its industrial origin and its distribution as also poverty. Sectoral problems bearing on agriculture, industry and services have been dealt with in detail.
Current problems like price-rise, deficit in government budgets, deficits in balance of payments, unemployment, farm-size and efficiency, industrial sickness, foreign direct investments, debt burden, convertible rupee system, privatization of public sector etc. have been given due place and analysed in detail. Planning and its various aspects have been comprehensively explained. These include: features and objectives of planning; centralized and decentralized planning; strategy of development; financing of plans; progress under planning with a section evaluation of Ninth Plan. A separate chapter deals with the main aspects of the current Tenth Plan. The last chapter of the book highlights the place of India in the world economy.
Contents
Preface to the 28th Edition
Preface to the 1st Edition
Underdevelopment
Development
Indian Economy: A Historical Perspective
Present State and the Perspective
Economic Reforms
Natural Resources
Population Growth and Urbanization
Population: Development and Policy
Human Capital
Workforce and Occupational Structure
Unemployment and Employment
Infrastructure
National Income: Measurement, Growth and Industrial Origin
Income Distribution and Poverty
Capital Formation
Domestic Saving
Agriculture: Role Backwardness and Progress
Crops, Production, Productivity, Inputs and Surpluses
Land Reforms
Farm-Size and Efficiency
Agricultural Labour
Agriculture: Mechanisation and Green Revolution
Agricultural Finance and Rural Indebtedness
Marketing of Agricultural Produce
Agricultural Prices
Cooperative Movement
Food Problem and Public Distribution System
Rural Development
Industrial Growth: Performance and Problems
Small-Scale and Cottage Industries
Public Sector and Private Sector
Industrial Finance
Monopoly, Concentration and Multinationals
Industrial Labour
New Industrial Policy
Financial System
Money and Money Market
Reserve Bank and Monetary Policy
Commercial Banks
Princes, Money and Inflation
Central Finances and New Fiscal Policy
Tax Structure: Problems and Reforms
Agricultural Income Tax, Expenditure Tax, Modvat and Service Tax
Parallel Economy
Public Debt and Deficit Financing
Federal Finances
Balance of Payments: Problems and Policies
Foreign Trade: Trends and Problems
New Trade Policy: Features and Evaluations
WTO: Features and Assessment
Rupee: Exchange Rate and Convertibility
Foreign Capital
Economic Planning: Features and Objectives
Planning: Centralisation and Decentralisation
Strategy of Development
Financing of Plans
Progress Under Planning
Tenth Five-Year Plan (2002-2007)
]
India and The World Economy
Bibliography
Appendix: Sample Questions