Economy Book Index
Economy Book Index
Economy Book Index
EDITION
201 1-12
Indian
Economy
Performance and Policies
Uma Kapila
if New, thoroughly revised Eleventh Edition, 2011-12
k Based on latest recommended readings (restructured course)
it Designed to serve as a textbook for B.Com (H)
ACADEMIC FOUNDATION
NEW DELHI
www.academicfoundation.com
CONTENTS
Preface
23
SECTION -1
27
Introduction
42
Introduction
\ 0
...Contd....
- Public Policy
- Climate Change
Status of Climate Change Negotiations
Actions taken by India on Climate Change
SECTION - II
56
Contents in Detail
\ \
SECTION - III
Policy Regimes
4. Planning in India: Development
Strategy and Role of State
69
- Evolution of Planning
- Structural Constraints and the Development Strategy
- Role of the State as Visualised in the Fifties
- Evolution of Strategy and Priorities
' Changing Perceptions
Role of Planning in a Market Economy
Redefining the Role of State
84
- Debate on Liberalisation
- Economic Reform
The Background
The Macroeconomic Crisis
Ratiofiale for the Reforms
Macroeconomic Reforms
Structural Reforms
Implementation of the Agenda
o Removal of QRs
o Industrial Policy Reforms
Impact of Reforms
Fiscal Adjustment and Stabilisation
Impact of Economic Reforms on the Vulnerable Sections
- Conclusion
-
1 2
...Contd....
SECTION - IV
103
The Performance
Phases of Growth
Periodisation of Indian Growth Experience
~~ '
Assessment of Performance
Causal Factors
What Next'
Growth Drivers
Growth Prospects
International Comparisons
Sustaining High Growth
Outward Orientation: Export Promotion Strategy vs.
Import Substitution Strategy
Performance on Inclusiveness
' Multidimensionality of Inclusion
Growth and Structural Change
Growth and Sectoral Shares, Cross-Country Evidence and
Indian Experience
Share of Services in GDP
What are the Factors behind the Dynamism of the
Services Sector in India
Inter-Regional Disparities in Growth and Development
The Way Ahead
Conclusion
138
Contents in Detail
\ 3
Ceiling on Landholdings
Tenancy Reforms
Consolidation of Holdings
Cooperative Farming
153
- Conclusion
9. Poverty in India
181
...Contd....
208
Curiums in Detail
\ 5
SECTION-V
Sectoral Trends and Issues
11. Agriculture: The Problem of Productivity
241
249
fa
... Contd....
Pre-green Revolution
Green Revolution
'Post-Reform Revolution
Food Management
Food Procurement Policy
Price and Distribution Controls in the Food Grain Market
Public Distribution System (PDS)
278
1
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j
Contents in Detail
\ f
Food Subsidy
Buffer Stock
Food Security
Recent Policy Initiatives
Food Security and Future Sources of Growth in Agriculture
Agricultural Price Policy
Removal of Export Restraints
296
302
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...Contd....
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I
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331
- The Rationale
' ., -
- Performance of Central Public Sector Undertakings
Output and Capital Formation
Fall in Public Sector Employment Growth
Improvement in Efficiency of Thermal Power Plants
Central PSEs' Profitability
Reasons and Implications
- Public Sector and 1991 Industrial Policy
Policies toward CPSEs and their Implementation
- Privatisation
Privatisation: Indian Experience since 1991
346
362
Contents in Detail
\ 9
381
394
20
... Contd....
- Direction of Exports
Imports
.
- Composition of Imports
- Direction of Imports
Services Trade
- Special Economic Zones (SEZs)
- Challenges and Outlook
- Appendix: Balance of Trade
- Tariff Reforms
-
414
;
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!
I
I
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Contents in Detail
21
445
- Introduction
- The Debate on the Role of Foreign Capital
- Forms of Foreign Capital
Foreign Direct Investment
Portfolio Capital
External Aid
Commercial Debt Capital
- FDI Policy: A Historical Perspective
First Phase 1950-1967
Second Phase 1967-1980
Third Phase 1980-1990
Fourth Phase-1991 Onwards
- Liberalisation: Trends and Patterns in FDI Inflows
Changes in Sectoral Composition
Changes in the Sources of FDI
Pattern of FDI by Type of Approvals
FDI Outlook
- Concluding Remarks and Policy Lessons
23. Globalisation:
India and the W T O
461
- Globalisation
Historical Development
- Gains and Losses from Globalisation
Trade in Goods and Services
Movement of Capital
Financial Flows
- Concerns and Fears
- Improving the International Architecture for Integration
- World Trade Organization
- India and the WTO
India's Participation in WTO Meetings
WTO Negotiations and India
India's Stand on Various Issues
Questions
479
Glossary
489
Select Bibliography
501