A Critical Decade: Policies for India's Development
By: Rajeev Malhotra (editor)Hardback
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This volume brings together a selection of essays by serving economists/advisers at the senior level in various central ministries, regulatory bodies, and policy think-tanks. Promoting evidence-based public policymaking, the volume addresses medium-term policy imperatives for the Indian economy. Rich in data and analysis, the essays cover a wide range of themes including macroeconomic policy for sustaining high growth, sectoral polices for meeting the stated national development goals, market reforms and sustainability, infrastructure development, and challenges of governance. While the focus is on domestic developments, contemporary global economic issues that have implications for the Indian economy are also addressed.
Rajeev Malhotra is Economic Adviser, Office of the Finance Minister, Government of India. He is the principal author of the first National Human Development Report 2001 (Planning Commission and Oxford University Press, 2002).
TABLES, FIGURES, AND BOXES; FOREWORD ; INTRODUCTION ; I. MACROECONOMIC ISSUES ; 1. IMPOSSIBLE TRINITY REVISITED: LESSONS AND POLICY IMPLICATIONS FOR INDIA AND OTHER EMERGING ECONOMIES ; 2. FISCAL POLICY IMPERATIVES: CHANGING THE FOCUS OF UNION BUDGET ; 3. IS INDIA'S INFLATION INFLATED? ; 4. IS INDIA'S REAL EFFECTIVE EXCHANGE RATE IN LINE WITH ECONOMIC FUNDAMENTALS ; II. MARKET REFORMS, PRODUCTIVITY, AND SUSTAINABILITY ; 5. FINANCIAL SECTOR REFORMS: REFINING THE ARCHITECTURE ; 6. FINANCIAL INCLUSION IN RURAL AREAS AND MICRO-FINANCE: ISSUES, CONSTRAINTS, AND POLICY OPTIONS ; 7. ROLE OF COMPETITION LAW AND POLICY IN MAKING MARKETS COMPETITIVE ; 8. DOES PRIVATIZATION LEAD TO BENIGN OUTCOMES? THE INDIAN EXPERIENCE AND POLICY LESSONS ; 9. ACCELERATING MANUFACTURING GROWTH: PROMISE OF THE NEW MANUFACTURING POLICY AND BEYOND ; 10. LABOUR LAWS: ARE THEY HOLDING BACK MANUFACTURING SECTOR GROWTH AND EMPLOYMENT IN INDIA ; 11. BREAKING THE GLASS CEILING: UNLEASHING THE POTENTIAL OF THE INFORMAL SECTOR ; 12. INSURANCE AS A TOOL FOR ADAPTATION TO CLIMATE CHANGE IN INDIA ; III. INFRASTRUCTURE, INSTITUTIONS, AND GOVERNANCE: SOME CHALLENGES ; 13. MANAGING INDIA'S DEMOGRAPHIC DIVIDEND: POLICY CHALLENGES IN SOCIAL AND URBAN DEVELOPMENT ; 14. SOCIAL PROTECTION FOR INCLUSION ; 15. INDIA'S ROAD CONCESSION AGREEMENTS: ISSUES, CHALLENGES, GLOBAL EXPERIENCES, AND LESSONS ; 16. INDIA'S FREE TRADE AGREEMENTS: IS IT THE WAY FORWARD? ; 17. IMPROVING PUBLIC SERVICE DELIVERY: BUILDING A NEW AADHAR ; CONTRIBUTORS
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