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India’s Evolving Economy   
India’s Evolving Economy
Puzzles and perspectives
A. Vaidyanathan
Hard-bound Book (6¼" x 9¼") :   Pages : 348
2013  Edition   :  ISBN - 978-81-7188-992-1
Price : INR 1195 / US $ 69.95
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This book presents essays on: growing divergence between agriculture and the rest of the economy; growth of tertiary sectors & FCI; poverty alleviation & equitable distribution; widening financial sector; rapid growth of gold imports & their implications; role of the politics, politicians, decentralisation & institutions for management of common pool resources; and importance of reliable data for informed policy making & public debate.


  Currently honorary fellow of the Centre for Development Studies (CDS), Thiruvanathapuram, A. Vaidyanathan's professional career spans academic and policy-centric research on diverse aspects of development. He worked in the National Council of Applied Economic Research (1956-1962); Planning Commission (1962-1972); as professor in CDS (1976-1984) and Madras Institute of Development Studies (1984-2004); as senior economist in FAO and the World Bank. During this long career, he has combined sustained empirical-analytical research on varied aspects of the country's socioeconomic development with active involvement in planning and policy formulation. Besides numerous articles in professional journals, he has written more than a dozen books some dealing with broader aspects of strategy and policy and others exploring issues relating to specific sectors notably agriculture, water and education. As member of the PM's Economic Advisory Council and the Planning Commission of Centre and Tamil Nadu, he has first-hand knowledge of the processes of policy making. He has served or chaired several official committees to review policies in specific areas (such as pricing of irrigation, revitalisation of rural cooperative credit structure and improvement of the current system of agricultural statistics). His areas of interest ranges from critical assessment of recent growth experience and strategies for poverty alleviation, the role of politics and institutions, importance of reliable data for informed policy making, the current state of available data and its utilisation for research.    



List of Tables



    V.K. Natraj


Macro Perspective: The Economy

1. India’s Recent Growth Experience: Some Puzzles

The Agricultural Puzzle

Tertiary Sector Growth

Role of Foreign Financial Resources



Poverty, Inequality and Access

2. Food Consumption and Nutrition Status:
Indian Evidence Re-examined


Food Consumption Patterns and Trends

National Level Comparisons

Interstate Variations

Relation between Consumption and Production at State Level

Food Intake and Nutritional Status

Body Size

Health Indicators

The Position of Poorer and Underprivileged Groups



3. Globalisation and the Quest for Food Security

Prospects for Global Food Security

Quest for National Food Security

Limits to Augmenting Domestic Supplies through Imports

Trade Liberalisation and Agricultural Growth

Aspects of the Food Security Problem

Assessing Nutritional Deficiency

Determinants of Food Consumption

Measures to Achieve Food Security

Faster Overall Growth

Poverty Alleviation

Public Distribution System

Alternative Strategies



4. Political Economy of Employment Guarantee Programmes

The Rationale for Wage Employment Programmes

Evolution of Wage Employment Programmes

The Need for Inclusive Growth




Deeper Causes

Political Factors


5. Private Sector in Education: Supplement to or
Substitute for the State


Current Position

Within the Private Sector

Private Expenditure on Education

What Encourages Privatisation?

Consequences and Impact

The Way Forward

We Need to Start at the Base: The Schools

The Issue of Equity

Summing Up


Finance and Banking

6. Commercial Banks: Has Growth Widened Coverage?

Expansion Facilities

Trends in Scheduled Bank Credit 1990-2008

Differences in Reach of SCBs to Different Users

Distribution of Loans across Sectors

Distribution by Institutional Categories

Credit Relative to Production


Financing Credit Needs of the Unorganised Sector


7. Consumption of Gold in India: Trends and Determinants

Trends in Consumption: An Overview

Economic Impact of Gold Imports

Factors Determining Gold Imports

Estimation and Results



Political and Institutional Dimensions

8. Irrigation Institutions: An Evolutionary Perspective


Evolution of Irrigation in India

Framework for Study of Institutions

Small Scale Local Systems

Large Scale Systems

By Way of Summing Up


9. The Political Class and Development in India

Politics and Politicians

Politicians and the Constitution

Poverty Alleviation Programmes

Burgeoning Subsidies

Politics and Public Sector Inefficiency

Impact of New Economic Policy

The Way Ahead


10. Decentralisation and Community Action


Chequered History


Capacity of PRIs


Strategy for Reform

The Experience of Cooperatives

Democracy and Equity



Data Base: Availability and Application

11. State of the Indian Statistical System

An Overview of the Statistical System


Executive Agencies

Sample Surveys


Some Remedies



12. Role and Relevance of Social Science Research

Role of Social Science Research

Quality and Reliability of Data

Need for Broader Perspectives

Inadequate Analysis

On Interdisciplinary Research

Some Illustrative Examples

Current State of Social Science Research

Revitalising Social Research


13. Econometric Analyses of Agricultural Growth: Reflections of a Non- Econometrician

Growth and Fluctuations

Sources of Growth


14. Socioeconomic Characteristics of Villages in North Arcot: An Exploratory Study

Villages of North Arcot: An Overall Profile

Variations by Village Size

Level of Economic Development

Female Literacy

Sex Ratio

Non-agricultural Employment

Caste-Class Differentiation



15. Crop-Weather Relationship: A Review

The All-India Crop Weather Scheme

Analytical Work on Crop-Weather Relations

Forecasting Crop Yields on the Basis of Weather Parameters



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