This article is about the metamorphoses of aggregate Indian wealth over fifteen politically transformative decades. Based on a comprehensive new database, I find that wealth-income ratios have fluctuated by large margins in the twentieth century. In emerging India of the twenty first century,...

Over 250,000 farmers have committed suicide in India since the mid-1990s. Studies – both case studies of states and at the individual-level - attribute these deaths to credit crunches in the agrarian sector and increased debt burden among farmers. Most of the farm suicides have, however, taken...

Economic leakage occurs when money leaves or “leaks” away from the local economy sooner than expected and sooner than is optimal. From an ideal economic perspective, money should circulate in the local economy where it was received or earned five to seven times before leaving that community....

This paper deals with present economic scenario in indian petroleum industries. To analyze the reason for hike in petroleum product price level and provide the corrective measure to reduce the cost of product as much as possible. With today's unstable and extremely focused worldwide market,...

India being an agro based economy with the second highest farm output in the world needs more sustainable growth in this area. The public private partnership is one step towards attaining holistic growth. The government alone is not the answer to everything, the need is more than the capital...

The dividend payout problem in literature has largely been misspecified. The roles of dividends as signals, agency cost reducers, fixed income providers or even the invariance of dividend payouts are all phenomenon that, based on market conditions, follow from the role of dividends as equalizers...

This paper analyses the role of tertiary education on rural development. Using census data on villages in India for 2011, we find that skilled workers have had an important impact on rural prosperity. A 1 percentage point rise in the share of the village population with tertiary education raises...

This paper uses cointegration and vector error-correction models to analyse the causal relationship between education and development across select Indian states using annual data from 1980-81 to 2008-09. Expenditure on education per capita is used as the proxy for education, while State...

This paper models the evolution and determinants of the shares of agriculture, manufacturing and services to GDP for 4 South Asian countries (Bangladesh, India, Sri Lanka and Pakistan) for 55 years: 1960-2014. Determinants of these shares were classified into three broad categories “country...

This paper models the evolution and determinants of the shares of agriculture, manufacturing and services to GDP for 4 South Asian countries (Bangladesh, India, Sri Lanka and Pakistan) for 55 years: 1960-2014. Determinants of these shares were classified into three broad categories “country...