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Regional Economy of India   
Regional Economy of India
Growth and Finance
Deepak Mohanty (ED)

Hard-bound Book (6Ό Χ 9Ό)  :   Pages : 508

2012  Edition   :   ISBN - 978-81-7188-923-5

Price : Rs. 1095.00 / USD 69.95

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It is increasingly recognised that to achieve inclusive growth and sustain growth momentum, regional economy is of critical importance. Given the divergence in growth potential, financial developments and inflation across regions in India, studies on regional economies become particularly relevant. This volume makes an attempt to place in public domain   select work on various aspects of the regional economy by economists working in the central and regional offices of Reserve Bank of India.

The papers find that while the share of agriculture has shrunk across the states, the share of services has risen sharply. However, industrial growth remains uneven. Urban-rural inequality has worsened. There is a need for concerted action on agricultural growth and infra-structure development besides increasing the penetration of formal financial sector to alleviate the constraints on growth and to control inflation. There is also need to prioritise expenditure towards social sector to develop the quality of the labour force and promote well-being.

This volume is aimed at stimulating further policy-oriented research on various aspects of regional economy as well as contributing to better policymaking.

About the Editor:

Deepak Mohanty is Executive Director, Reserve Bank of India overseeing the area of monetary policy, economic research and statistics. Prior to his current position, he was Senior Adviser in the International Monetary Fund (IMF) and earlier worked in various positions in economic research and monetary policy departments of the Reserve Bank of India. He holds Master’s Degrees in Economics from Yale University and Jawaharlal Nehru University (JNU). His current research interest includes monetary economics and international macroeconomics.


— Duvvuri Subbarao

— Subir Gokarn

Regional Economy of India: Growth and Finance
— Deepak Mohanty

Section I
Growth and Inflation

1. Inclusive Growth and its Regional Dimension
— P.K. Nayak, S.K. Chattopadhyay, Arun Vishnu Kumar and V. Dhanya

2. Impact of Bank Credit on Growth Dynamics of Kerala
— V. Dhanya

3. Determinants of Inflation in Tamil Nadu
— K. Jayanthi Anand

4. Economic and Financial Developments in the North-Eastern States
— Deepak Mohanty

5. Inter-District Growth Performance in Madhya Pradesh
— Rajiv Lochan

Section II
Banking and Finance

6. Microfinance in India: Progress and Problems
— J.S. Moses, Raj Rajesh, Gopal Prasad, Neeraj Kumar and Naveen Kumar

7. Regional Dimensions of Banking Services
— Vineet Kumar Srivastava, A.K. Shukla, Rajiv Lochan and John V. Guria

8. Bank Finance in the Development of Real Estate Sector in Bihar
— Raj Rajesh

9. A Disaggregated Analysis of Monetary Transmission Mechanism: Evidence from the Dispersion of Bank Credit to Indian States — Sarat Dhal

Section III
Financial Inclusion

10. Financial Inclusion in Jammu and Kashmir
— John V. Guria

11. Financial Inclusion in Kerala
— V. Dhanya

12. Financial Inclusion in West Bengal
— Sadhan Kumar Chattopadhyay


Section IV
Structural Issues

13. Structural Transformation in Punjab Economy
— Naveen Kumar

14. Social Sector Expenditure across States
— Avdhesh Kumar Shukla

15. Issues in Services Sector: A Case Study of Delhi
— Jayanta Kumar Mallik and Monika Kathuria

16. Regional Dimensions of Realty Sector in India
— R. Kausaliya and Suraj S.

16. Debt Management Strategies in Uttar Pradesh and Uttarakhand
— Vineet Kumar Srivastava

  to be updated    
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