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Full Description
This book focuses on the economic challenges India has been facing since its independence in 1947. It traces the country's journey of economic transition and critically analyzes themes such as the political economy of development, agriculture, macroeconomy, industry and labor, money and finance, trade liberalization, gender, welfare, energy, and the environment. The volume also addresses the issues of increasing income inequality, mass unemployment, and environmental degradation and suggests policies for efficient and desirable outcomes in socio-economic development.
This is an important and timely contribution that it will be of interest to scholars and researchers in economics, development studies, political economy, management studies, public policy, and political studies. It will also be useful to policymakers.
Contents
Section I: Political Economy of Development Chapter 1: Towards a "broad" and "long" view of the Political Economy of India's economic development Chapter 2: Class and Capitalism in India's Economic Transition Chapter 3: Development Management: A Macro Political Economy Perspective Section II: Macroeconomic Perspectives Chapter 4: Indian Economy - A Story of Faltering Investment Chapter 5: Fiscal Policy in India: Overview of Some Major Issues Chapter 6: Inflation Expectations of Households Chapter 7: India's Foreign Trade: Prospects and Challenges in the Globalized World Section III: Agriculture, Industry and Labour Chapter 8: The Structure of Indian Agriculture: Production, Distribution and Trade Chapter 9: Indian Manufacturing: The Journey since Independence Chapter 10: Unemployment, Labor Force Participation and Post-Independence India Chapter 11: An Analysis of India's Informal Sector Section IV: Money and Finance Chapter 12: Is India ready for digital currency? Chapter 13: Twists and Turns of Monetary Policy in India Chapter 14: Productivity, Efficiency and Profitability of Mergers in Indian Banking Chapter 15: On the Debate of Privatisation of Banks in India: An Exposition in a Historical and Global Perspective Chapter 16: Evolution of Stock Market in India: Historical perspectives with Empirical Evaluations Section V: Inequality, Gender and Welfare Chapter 17: Trends in economic well-being of Indian households: A categorical distribution approach Chapter 18: The Glory of Motherhood Shackles Economic Development: An Indian Experience Section VI: Energy and Environment Chapter 19: Entropy Law, Economic Processes and the Current Existential Crisis in India: Policy Implications for Sustainability Chapter 20: India's Energy Sector: An Assessment
