In recent times, some initiatives to liberalize the financial sector have been taken; some more measures need to be taken. In this monograph, the author discusses several measures to make the financial sector improve the economic performance of the country. These liberalization measures must bo...

The package of economic reforms initiated by the new PV Narashima Rao government, is likely to generate a strong tendency towards dispersal of power. However, whether this tendency will grow and mature, will depend upon what supportive reforms, both political and economic, are taken by the...

In this paper an attempt has been made to highlight the various implications of the New Economic Policy on the Indian Corporate Sector. Some of these implications are discussed in detail including widespread competition and internationalization. Next the author discusses the various...

Economic and political commentators in India have repeatedly noted their concern about the recent slow-down in the Indian economy. Several recent papers have provided evidence that increase in the economic policy uncertainty (EPU) has played a significant role in the slow-down and the increase...

Inter-State Inequalities - Scope and Limits of Public Policy -- Macroeconomic Foundation of Functioning of the IMF: An Evolutionary Journey -- Indian Official Statistical System -- A Note on Unemployment and its Measurement in India -- Addressing Visible Inequalities: The Minimum Policy Agenda...

Chapter 1. Introduction -- Chapter 2. Trends in Growth since the GFC -- Chapter 3. Credit, Employment and the Current Account -- Chapter 4. Capital Formation and Foreign Investment -- Chapter 5. Inflation and Monetary Developments -- Chapter 6. Policy and Analyses Chapter -- 7. Reflexive, not...

The Macroeconomy: Foreign Trade, Structural Transition and the Environment -- Health and Standard of Living -- Education, Human Capital and Evolution of the Employment Quality in India -- Banking and Credit: Access, Efficiency and Stability.

This book discusses economic development in general and selected public policy issues with a focus on philosophy, Gandhian thoughts and sectoral issues in the Indian context. It presents scholarly contributions on growth and development in India, with particular emphasis on human development in...

Introduction -- Section 1: India's Industrial Growth: Opportunities and Challenges -- India’s industrial development including manufacturing, construction, and mining -- Manufacturing vs. Services -- Global value chains -- Industrial development and climate change -- Section 2: Role of Trade...

The new economic policy was introduced in 1991. A short review of the changes it has effected in foreign collaborations, foreign trade and public sector divestment is given. This is contrasted with the QR (Quantitative Restrictions) policy formerly adopted by India for 40 years. This enables one...