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Corruption in India   
India's Economic Reforms and Development
By A. VAIDYANATHAN
Hard Back Book     :   Pages : 504
2003  Edition         :   ISBN - 81-7188-287-0
Price : Rs. 795.00   :   USD $ 44.00
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ABOUT THE BOOK :

Rapid economic growth and eradication of abject poverty have been the core concerns of Indiaís polity and government throughout the last five decades. Coordinated planning with the state playing the leading role in initiating and regulating the process of development in pursuit of these objectives has been a distinctive feature. Specific targets, perceptions of the problems involved and their solutions have been changing over time. The essays in this collection provide an overview of evolution of this process culminating in the far-reaching reorientation of strategy and policies during the nineties and a critical assessment of their rationale, implementation and impact from the political economy perspective.
The essays are divided into two sections : Those in the first part, mostly written in the nineties, focus on key elements of overall development strategy being pursued from the early nineties, the rationale and the thrust of the structural adjustment package soon after it was unveiled by Dr. Manmohan Singh, issues relating to subsidies and foreign direct investment and broader issues of the role of the state generally and of planning in particular in the changed context.
The lead piece in this section pulls together the assessment of different aspects and attempts an overall assessment of the antecedents of the reforms of the nineties, their halting and meandering course and the reasons for their less-than-expected achievements. It also reflects on the prospects for the future.
Selections in the second section spanning over a much longer period discuss issues relating to poverty ó concepts, data and measurement and regional variations, evolution of poverty alleviation programmes, critical commentary on their design, implementation and measures to improve their efficacy.
The general thrust of the essays is critical of the design and implementation of the reform package and skeptical of its impact on growth and socio-economic inequality.


ABOUT THE AUTHOR :

A. Vaidyanathan is currently Emeritus Professor at the Madras Institute of Development Studies (Chennai, India) and is a member of the Prime Ministerís Econo-mic Advisory Council.
Born in 1931, he was educated in Madras, and did his post graduation in the USA. After obtaining a Ph.D from Cornell University, he worked for 6 years (1956-62) as economist in the National Council of Applied Economic Research, New Delhi. Thereafter he joined the Perspective Planning Division of the Planning Commission, Government of India.
After 10 years in the Planning Commission, and 4 years in the World Bank, he shifted to the Centre for Development Studies, Trivandrum, in 1976 and worked there as Professor for 8 years and has been in the Madras Institute of Development Studies since 1984.
He has been president of the Indian Society of Agricultural Economics since 1993. Currently he is also Chairperson of the Board of Trustees of the Institute of Social Studies Trust, New Delhi.
Prof. Vaidyanathan has served on a number of Government Committees : as Member of the Planning Commission in New Delhi and Tamilnadu State Planning Commission; and Chairperson of a Committee on Irrigation Pricing set up by the Planning Commission.


CONTENTS IN DETAIL :

Section Ė I  :  Planning, State and Development

1.

  A Decade of Reforms
  • Antecedents
  • Expectations and Achievements
  • Factors Affecting Reforms and their Impact
  • Political Resistance to Reform
  • Prospects
  • Decentralisation
  • Improvement on the Fiscal Front
  • Agriculture
  • Role of Planning
2. Structural Adjustment in the Indian Economy
  • Approach to Planning
  • Policy Package and Growth Rate
  • Problem of Liberalisation
  • Devaluation and After
  • Major Changes
  • Price Increases
  • Safety Net
3. Attitude Towards Multinationals
  • The Magnitude
  • TNCís and MNCís
  • The Experience of South Asian Countries
  • Lessons for India
4. Subsidies in India
  • Magnitude
  • Implications
5. Planning, State and Development
  • Criticism of Planning
  • Planning Development at Sub-State Level
  • Management of Public Enterprises
  • State-Private Sector Relationship
6. Planning in India : Retrospect and Prospect
  • Introduction
  • Indian Planning: Distinctive Features;
    Planning in a Federal Set-up;
    The Political Environment;
    Changes in Political Environment;
    The Functioning of the Planning Commission
  • Reorientation of Planning
7. Development Planning Models : The Indian Experience
8. Growth of Indian Industry : Role of Demand Factors
  • Background
  • Overall Trends
  • Impact on Income Distribution Changes
  • Pattern of Consumer Demand for Manufactures: Textiles and Clothing;
    Other Manufactures;
    Durables
  • Conclusion
9. Cottage and Small Scale Industries in India : Policy and Performance
  • The Rationale and Strategy
  • The Impact
  • State Intervention

Section Ė II  :  Poverty, Inequality and Development Policy

10. Poverty and Development Policy
  • Background
  • Conceptual Issues
  • Measurement Issues
  • Correlates and Determinants
  • Policy : Targeting; Accountability
11. The New Economics of Poverty
  • Increasing Labour-Intensity of Production
  • Product-Mix
  • Limits to Technological Choice
  • Rural Development
  • Works Programmes
12. The Political Economy of the Evolution of Anti-Poverty Programmes
  • Raising the Standard of Living of the Poor: The First Four Plans
  • Political Pressures Impinging on Poverty Alleviation Programmes
  • Organizational Problems Facing Poverty Alleviation Programmes
  • Recent Shifts in the Debate on Decentralization
13. Restructuring Poverty Alleviation Programmes
  • Main Characteristics
  • Deficiencies
  • Integrated Local Area Planning
  • Targeting
  • Accountability
  • Role of Panchayat Raj Institutions
  • Conclusions and Suggestions
  • Design
  • Monitoring and Evaluation
14. Some Aspects of Inequalities in Living Standards in Rural India
  • Introduction
  • Review of Recent Literature
  • The Scope of the Present Study
  • The Pattern of Inequality : All India Distribution of Land Holdings and Consumption Inequality
  • The Influence of Family Size
  • Occupation and Consumption Inequality
  • Consumption Inequalities: Inter-State Variations
  • Behaviour of Inequalities Over Time
15. The Validity of NSS Consumption in Rural India
  • Sources of Inaccuracy in NSS Data
  • Sampling Errors
  • Sampling Design
  • Bias in Sampling
  • Non-Sampling Errors
  • Comparison of NSS and CSO Estimates
  • Nature of Non-Sampling Errors in NSS
  • Changes in Non-Sampling Errors
  • Effects of Non-Sampling Errors
  • Conclusion
16. Asset Holdings and Consumption of Rural Households in India :
A Study of Spatial and Temporal Variations
  • Level and Composition of Assets of Rural Households
  • Relation between Assets and Consumption
  • Changes in Asset Holding and Inequality
  • Changes in Asset-Consumption Relation
  • Conclusion
17. Poverty and Economy : The Regional Dimension
  • Level and Composition of Assets of Rural Households
  • Reducing Regional Disparities: The Approaches of Planners
  • Regional Strategy for Agriculture
  • The Problem of Wage Labour in Poor Regions
  • Implications for Programmes and Policy
  • Institutional Requirements
18. Assessment of Nutritional and Health Status
  • Nutrition and Health Status: Concepts and Measurement
  • Conceptual Problems; Food Intake Requirement Norms; Relevance of Morbidity
  • Measurement Problems
  • Determinants of Morbidity
  • Directions of Further Work
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