Acknowledgments -- Preface -- Introduction / by Pradeep Agrawal -- Macroeconomic challenges to sustaining high growth -- Propagation mechanisms of inflation in India : an empirical investigation / by Ashima Goyal -- Promoting industrial development for sustaining high growth -- Economic...

The growth rate of the Indian economy has plummeted sharply from 9 per cent in 2010 to below 5 per cent over 2012−14. It is essential to sustain a growth rate of 8 per cent or more over the next 20 years to eliminate poverty and reach a decent standard of living. There is an urgent need for...