Author: Ruddar Datt
K P M Sundharam/
Publisher: S Chand & Company
Year: 2007
Language: English
Pages: 998
ISBN/UPC (if available): 8129102983
Description
The authors present a comprehensive survey of the Indian Economy in terms of GDP growth, saving and investment, allocation of growth to various sector – agriculture, industry and services. The contradiction observed in India is that the reform poverty reduction and growth of employment.
The problem of fiscal deficit reduction and its success and failure during the various phases of the reform process has been the focus of attention in public finance. The role of balance of trade and balance of payments and the problem of balance of payments crisis has been analysed.
A survey of the Indian Economy and its movement over the last five decades marked by the failures and success of the planning effort have received adequate attention. The promises of the Liberalisation, Privatisation and Globalisation model of development and their actual realization has been discussed at length. Latest reports, both official and non-official, find an adequate place in the analysis. The problems of Human Development in India form a separate chapter. A scathing analysis of the Report of the Second National commission on Labour has been undertaken.
The following sections have been added in this edition:
1. An Approach to the 11th Five Year Plan
2. Population Projection (2001-26)
3. Demographic dividend
4. Achievements and failures of the Tenth Plan
5. India as an Economic Superpower
6. Indian MNCs: Mergers and Acquisition
7. Prime Minister’s Critique of reforms
8. Central Government Budget (2007-08)
9. Unemployment rates between 1993-94 and 2004-05
(61st round of NSS)
10. Planning Commission’s Estimate of Poverty on the basis
of 61st Round of NSS
A through revision of the book was necessitated by the rapid changes taking place in the Indian economy.
Contents
PART I - STRUCTURE OF THE INDIAN ECONOMY
India as a Developing Economy
Indian Economy on the Eve of Independence
National Income of India
Human resources and economic Development
Human Development in India
Occupational structure and Economic Development
Natural resources, economic Development and Environmental
Degradation
Infrastructure in the Indian Economy
PART II - PLANNING AND ECONOMIC DEVELOPMENT
Objectives and Strategy of Economic Planning in India
Industrial Policy and Indian Planning
Public sector and Indian Planning
Disinvestment of Public enterprises
Redefine the Role of the State
Privatization and Economic Reforms
Globalization and its Impact on India
Fifty-five Year Plan (2002-07)
Approach to the Eleventh Five Year Plan
The Problem of capital Formation
Foreign Capital, Foreign aid and Economic Development
Poverty and the Planning Process in India
The Parallel economy in India
Unemployment in India
Inequality and Economic Power in India
Process, Price Policy and Economic Growth
Balanced Regional Development
PART III - AGRICULTURE IN THE NATIONAL ECONOMY
Indian agriculture under the Five Year Plans:
The Green Revolution
Food Security in India
Irrigation and other Agricultural Inputs
Land Reforms
Size of farms and Productive Efficiency
Organization of Rural Credit in India
Agricultural Marketing and Warehousing
Agricultural Taxation in India
Agricultural Labour
PART IV - INDIAN INDUSTRIES
Industrial Pattern and the Plans
Some Large-Scale Industries
Information Technology (IT) Industry
Small-scale Enterprises
Sickness in Indian Industries
Labour Problems and Labour Policy
National Wage Policy
Second National commission on labour
PART V - THE TERTIARY SECTOR IN THE
INDIAN ECONOMY:
The foreign Trade of India
India’s Balance of Payments
GATT, WTO and India’s foreign Trade
Indian Currency system
Indian Financial System: Commercial Banking System
Indian Financial System II: Money and Capital markets in India
Indian Financial System III: Development Financial Institution
The Reserve Bank of India and Monetary Management
Indian Public Finance
Financial Relation between the Centre and the States
Government Subsidies in
Common Minimum Programme
Abbreviations