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.............................................................................................................................DescriptionThe authors present a comprehensive survey of the Indian Economy interms of GDP growth, saving and investment allocation of growth to various sectors - agriculture, industry and services. The contradiction observed in India is that the reform process has resulted in boosting GDP growth, but has slowed down the process of 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 realisation 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 new chapter has been added in this edition:• Social Infrastructure and Social SectorThe following sections have also been added in this edition:• International comparisons of poverty• Towards a solution of problem of poverty• Changing pattern of ownership holding• Pattern of ownership of industries (2004-05)A thorough revision of the book was necessitated by the rapid changes taking place in the Indian economy..............................................................................................................................ContentsPart I - Structure of the Indian Economy1. India as a Developing Economy2. Indian Economy on the Eve of Independence3. National Income of India4. Human Resources and Economic Development5. Human Development in India6. Occupational Structure and Economic Development7. National Resources, Economic Development and Environmental Degradation8. Infrastructure in the Indian EconomyPart II - Planning and Economic Development9. Social Infrastructure and Social Sector10. Objectives and Strategy of Economic Planning in India11. Industrial Policy and Indian Planning12. Public Sector and Indian Planning]13. Disinvestment of Public Enterprises14. Redefining the Role of the State15. Privatisation and Economic Reforms16. Globalisation and its Impact on India17. Fifty-Five Years of Planning in India18. Tenth five Year Plan (2002-07)19. Approach to the Eleventh Five Year Plan20. The Problem of Capital Formation21. Foreign Capital, Foreign Aid and Economic Development22. Poverty and the Planning Process in India23. The Parallel Economy in India24. Unemployment in India25. Inequality and Concentration of Economic Power in India26. Prices, Price Policy and Economic Growth27. Balanced Regional DevelopmentPart III - Agriculture in the National Economy28. Indian Agriculture under the Five Yea Plans : The Green Revolution29. Food Security in India30. Irrigation and Other Agricultural Inputs31. Land Reforms32. Size of Farms and Productive Efficiency33. Organisation of Rural Credit in India34. Agricultural Marketing and Warehousing35. Agricultural LabourPart IV - Indian Industries36. Industrial Pattern and the Plans37. Some Large-Scale Industries38. Information technology (IT) Industry39. Small-Scale Enterprises40. Labour Problems and Labour Policy41. Unorganised Sector and Informalisation of the Indian Economy42. National Wage Policy43. Second National Commission of LabourPart V - The Tertiary Sector in the Indian Economy44. The Foreign Trade of India45. Special Economic Zones46. GATT, WTO and India’s Foreign Trade47. Indian Currency System48. Indian Financial System : Commercial Banking System49. Indian Financial System II : Money and Capital Markets in India50. The Reserve Bank of India and Monetary Management51. Indian Public Finance52. Financial Relations Between the Centre and the States53. Government Subsidies in IndiaAbbreviations.............................................................................................................................Author DetailsRuddar Datt, Former Principal, School of Correspondence Courses and continuing Education, University of Delhi, Delhi.K.P.M. Sundharam, former Senior Lecturer in Economics, Department of Economics, S.R. College of Commerce, Delhi..............................................................................................................................
