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On the Turnpike

On the Turnpike

Indian Economy Since 1947
& Indian Economic Service at 50
T.C.A. Srinivasan-Raghavan
 

On the Turnpike traces the origin and history of the Indian Economic Service and in the process provides fascinating glimpses into how economic policy in India was shaped, the drama behind the various Budgets, and the thinking and compulsions that led to key decisions being made. It also captures the personalities of the key players who shaped these policies.

The book describes the circumstances under which the Cadre for advising and shaping economic policy under the Ministry of Finance was born, the contributions it has made, the challenges it has faced and the path ahead.

Those looking for a quick and comprehensible insights into the wisdom and follies of Indian economic policy over the last 60 years will find this book instructive and amusing.

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An Agenda for India's Growth

An Agenda for India's Growth

Essays in Honour of P. Chidambaram

Sameer Kochhar, Skoch (Ed.)

 
Since 1991, P. Chidambaram has been deeply involved with the economic reforms that have changed India for the better. He firmly believes that economic freedom is linked not just to higher growth, more jobs and larger incomes, but has undeniable connections to political freedom, empowerment, transparency and good governance. This book is as much a tribute to Chidambaram's eloquent advocacy of economic freedom—and the courage he displayed in implementing it—as about setting the agenda for the country's next wave of reforms.

The authors of the essays in this volume are accomplished experts in their respective spheres. Together, they cover a wide range of issues: fiscal and monetary policies, strengthening financial inclusion, revitalising agriculture, buoying stock markets, policy on natural resources, external trade reforms, urban infrastructure renewal and security aspects to growth. The volume not only offers perceptive analyses on these topics but also charts out the clear roadmap for a growth-oriented, caring and compassionate agenda for the country's future.

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Delhi Human Development Report 2013

Delhi Human Development Report 2013

improving lives, promoting inclusion

Institute for Human Development, New Delhi

 
During the last few years, Delhi has experienced significant prosperity and expanding employment opportunities along with considerable improvements in infrastructure, basic services and amenities. Home to about 17 million people, the city attracts thousands of migrants every year, who arrive in search of livelihoods and educational opportunities. Delhi has emerged as a sort of microcosm of the entire country, unmatched in characteristics and spirit by any other city of India.

The Delhi Human Development Report 2013 discusses the various aspects of the prevailing human development scenario in Delhi, including employment, livelihood, educational opportunities, healthcare, basic services and amenities, as well as the issue of public safety that has been a source of widespread concern in the recent past.

While encompassing both the achievements and emerging challenges that constantly confront this vibrant city, the Report not only relies on the latest statistics and available information, but also analyses the findings of a large survey of about 8000 households. This was carried out to identify the perceptions and aspirations of the citizens belonging to various groups. The Report documents the tremendous positive changes taking place in Delhi in numerous spheres, signifying the dynamics of its socio-economic development along with the monumental task of ensuring that the benefits of prosperity accrue to all, especially the less privileged sections of its society. In essence, therefore, this Report is both a mirror to the city and an endeavour to promote inclusion and equity at various levels.

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The Reserve Bank of India

The Reserve Bank of India

Volume 4: 1981-1997

Reserve Bank of India

 

This fourth volume in the series of the history of the Reserve Bank of India covers the 16 eventful years from 1981 to 1997. It is published in two parts, which ideally should be read as a continuum.

Part A focuses on the transformation of the Indian economy from a regime of restrictions to progressive liberalisation. The 1980s were characterised by an expansionary fiscal policy accompanied by automatic monetisation of budgetary deficit that strained the conduct of monetary policy. Similarly, a heavily regulated banking system impaired efficiency. The domestic macroeconomic imbalances combined with deteriorating external conditions triggered the balance of payments (BoP) crisis of 1991. Subsequent reforms ushered in far reaching changes not only in the economy but also in central banking.

Part B of the volume captures the implementation of structural and financial sector reforms: fiscal correction and phasing out of automatic monetisation; development of government securities market; and greater integration among money, securities and foreign exchange markets. It also covers the transformation in banking with liberalisation and improvement in credit delivery. At the same time the Reserve Bank had to contend with a securities scam which led to the introduction of better control systems and strengthening of the payment and settlement systems.

With the introduction of financial sector reforms, the Reserve Bank adopted a more active communication strategy. The organisational structure of the Reserve Bank also changed in response to domestic necessities and international developments. The Bank embarked upon technological transformation and upgraded its systems and procedures to manage its operations effectively.

This volume is more than a mere narrative of the history of the Reserve Bank; it also provides valuable insights into India's economic development and policy during an eventful and significant period.

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India’s Evolving Economy

India’s Evolving Economy

Puzzles and perspectives

A. Vaidyanathan

 
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.

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India : A Pocket Book of Data Series, 2013

India : A Pocket Book of Data Series, 2013

 

EPW Research Foundation

 
The EPW Research Foundation brings you a one-stop resource for all important economic and social data on India.

NEW, 3rd Edition...
India: A Pocket Book of Data Series / 2013

The development of independent India from an agrarian stage to a modern economy began in the early 1950s. After the first four decades of planning, India embarked upon a series of economic and financial sector reforms in the early 1990s. While India has continually been undergoing a socio-economic and structural transformation, its economic growth has accelerated in the past two decades. Since 2004, it has been on an even higher growth trajectory. This pocket book from EPW Research Foundation captures these trends and patterns, from data sets for a variety of social and economic indicators and presents them in a compact manner in both discrete and continuous annual series. The five major components of data sets are: Macro Economy, Social Sector, Infrastructure, Profile of States and International Comparison. It is a quick and handy reference tool for academics, executives, students and researchers and for anybody interested in the saga of India’s development.

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Fighting Corruption

Fighting Corruption

The Way Forward

Samuel Paul (ED.)

 
More people today are ready to fight corruption in India’s public life than ever before. Very few, however, know what it takes to achieve corruption free governance. The causes and manifestations of corruption are multiple and complex. In the final analysis, it is actions by the state, its institutions and civil society that are critical to achieving corruption control. We need both preventive and punitive measures to successfully fight corruption.

This book examines the phenomenon of corruption from multiple perspectives and proposes an agenda of reform that has the potential to achieve corruption control. The contributors to this volume believe that without a major reform of India’s rather opaque and dysfunctional governance system, corruption free governance will remain a mere dream. Reform of the financing of political parties and elections, ways to minimise conflicts of interest and the capture of policymaking and regulatory regimes, redesign of service delivery systems, the scaling up of e-Governance to enhance transparency and accountability, and support to several important reforms already under way in government, are the way forward to effectively bring corruption under control.

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Growth and Equity

Growth and Equity

Essays in Honour of Pradeep Mehta

Nitin Desai AND Rajeev D. Mathur (edS.)

 
This volume is a rich collection of analytical essays penned by those who have been closely associated with Pradeep worldwide. The broad message that comes from the contributions is the importance of open global trading systems, competitive and contestable markets domestically, coordination and regulation of national and global action on this, effective partnerships and representative global governance. The essays cover three main areas: Trade and Development, Competition and Economic Regulation and Governance. A thread that runs through the contributions is the importance of participatory citizenship and civil society activism. These are the areas in which Pradeep Mehta and CUTS have been most active over many decades and this Festschrift is truly an appropriate tribute to his commitment and dedication to the notion that every citizen is a consumer and every consumer is a citizen.

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Human Development Report 2013

Human Development Report 2013

The Rise of the South: Human Progress in a Diverse World

United Nations

 

The 21st century is witnessing a profound shift in global dynamics, driven by the fast-rising new powers of the developing world. China has overtaken Japan as the world’s second biggest economy, lifting hundreds of millions of people out of poverty in the process. India is reshaping its future with new entrepreneurial creativity and social policy innovation. Brazil is raising its living standards by expanding international relationships and antipoverty programmes that are emulated worldwide.

But the “Rise of the South” is a much larger phenomenon. Indonesia, Mexico, South Africa, Thailand, Turkey and other developing countries are becoming leading actors on the world stage. The 2013 Human Development Report identifies more than 40 developing countries that have done better than expected in human development in recent decades, with their progress accelerating markedly over the past 10 years.

Each of these countries has its own unique history and has chosen its own distinct development pathway. Yet they share important characteristics and face many of the same challenges. They are also becoming more interconnected and interdependent. And people throughout the developing world are increasingly demanding to be heard, as they share ideas through new communications channels and seek greater accountability from governments and international institutions.

The 2013 Human Development Report analyses the causes and consequences of the continuing “Rise of the South” and identifies policies rooted in this new reality that could promote greater progress throughout the world for decades to come. The Report calls for far better representation of the South in global governance systems and points to potential new sources of financing within the South for essential public goods. With fresh analytical insights and clear proposals for policy reforms, the Report charts a course for people in all regions to face shared human development challenges together, fairly and effectively.

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How’s Life? Measuring Well-Being

How’s Life?

Measuring Well-Being

OECD

Every person aspires to a good life. But what does “a good or a better life” mean? This report looks at the most important aspects that shape people’s lives and well-being: income, jobs, housing, health, work and life balance, education, social connections, civic engagement and governance, environment, personal security and subjective well-being. It paints a comprehensive picture of well-being in OECD countries and other major economies, by looking at people’s material living conditions and quality of life across the population. The report responds to the needs of citizens for better information on well-being and of policy makers to give a more accurate picture of societal progress.

The report finds that well-being has increased on average over the past fifteen years: people are richer and more likely to be employed; they enjoy better housing conditions and are exposed to lower air pollution; they live longer and are more educated; they are also exposed to fewer crimes. But differences across countries are large. Furthermore, some groups of the population, particularly less educated and low-income people, tend to fare systematically worse in all dimensions of well-being considered in this report: for instance they live shorter lives and report greater health problems; their children obtain worse school results; they participate less in political activities; they can rely on lower social networks in case of needs; they are more exposed to crime and pollution; they tend to be less satisfied with their life as a whole than more educated and higher-income people.

How’s Life? is part of the OECD Better Life Initiative, launched by the Organization on the occasion of its 50th Anniversary. The OECD Better Life Initiative aims to promote “Better Policies for Better Lives”, in line with the OECD’s overarching mission. One of the other pillars of the OECD Better Life Initiative is the Your Better Life Index (www.oecdbetterlifeindex.org), an interactive composite index of well-being that aims at involving citizens in the debate on societal progress.

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From Poverty to Power (2nd Edition)

From Poverty to Power (2nd Edition)

How Active Citizens and Effective States Can Change the World

Duncan Green

Seismic events have convulsed global markets since 2008, when this book was first published, and world news has been full of stories reflecting a profound sense of uncertainty about global futures. In response, this new edition of From Poverty to Power has been fully revised and now includes a new chapter with an in-depth analysis of the human impact of the global financial and food crises.

From Poverty to Power argues that a radical redistribution of power, opportunities, and assets rather than traditional models of charitable or government aid is required to break the cycle of poverty and inequality. Active citizens and effective states are driving this transformation.

Why active citizens? Because people living in poverty must have a voice in deciding their own destiny and holding the state and the private sector to account. Why effective states? Because history shows that no country has prospered without a state structure that can actively manage the development process.

There is now an added urgency: climate change. We need to build a secure, fair, and sustainable world within the limits set by scarce resources and ecological realities.

From Poverty to Power should be read by students, researchers, NGO workers and all those who want to contribute to ending global poverty.

Duncan Green is Senior Strategic Adviser at Oxfam GB.

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Gujarat: Governance for Growth and Development

Gujarat

Governance for Growth and Development

Bibek Debroy

Gujarat's macroeconomic growth story has been commented upon. This is not just about a double-digit GSDP growth in the last 10 years. It is also about an even more remarkable double-digit growth in agriculture. However, questions are often raised about this growth. Isn't this just about industry and manufacturing? What about the social sectors? What about deprived segments of the population and deprived geographical areas? Haven't they been bypassed ?

Growth isn't the same as development.

This book isn't about Gujarat's growth alone. It is about development too. It isn't just about vibrant industry. It is also about the perceptible improvement in social sectors, especially noticeable after 2007. It is a story of education and health, water, electricity and roads. It is a story of how these benefits have trickled down and how deprived segments have been main-streamed. That Gujarat model, so to speak, has implications for other States too, since it is about governance, efficient public expenditure, decentralisation and participatory planning. The focus of this book, deliberately not written in an academic style, is to draw attention to that development template. While there can be disagreement about what the Gujarat model represents, and what it does not, and about what made the Gujarat model work, before any debate, there ought to be a statement of the facts. That's what this book sets out to do.

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The Global Social Crisis

The Global Social Crisis

Report on the World Social Situation

United Nations

During 2008-2009, the world experienced its worst financial and economic crisis since the Great Depression of the 1930s. The crisis followed the effects of the food and fuel price hikes in 2007 and 2008. In 2009, global output contracted by 2 per cent.

This 2011 Report on the World Social Situation reviews the ongoing adverse social consequences of these crises after an overview of its causes and transmission. While a deeper, more pro-longed global recession has been averted by coordinated stimulus measures, the recovery is nonetheless fragile and uneven. The economic slowdown has reduced social spending in most developing countries while the turn to fiscal austerity has undermined social spending in developed countries.

The Report points to the rapid rise in unemployment and vulnerability, especially in developing countries without comprehensive social protection in the wake of the global economic crisis. Tens of millions more people fell into, or were trapped in, extreme poverty because of the global crisis, while the number of people living in hunger in the world rose to over a billion in 2009, the highest on record.

The global economic downturn has had wide-ranging negative social outcomes and set back progress towards achieving the internationally agreed development goals, including the Millennium Development Goals. Given the fragility of the economic recovery and uneven progress in major economies, social conditions are only expected to recover slowly. The increased levels of poverty, hunger and unemployment will continue to affect billions for years to come.

The Report strongly underscores important lessons from national responses to the global crisis, the importance of inclusive social policies and the need for universal social protection. A key conclusion is that countries need to be able to pursue countercyclical policies in a consistent manner.

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Global Employment Trends 2012

Global Employment Trends 2012

Preventing a deeper jobs crisis

ILO

The annual Global Employment Trends assesses economic and social developments in global and regional labour markets. Based on the most recently available data and taking into account the macroeconomic context, the report sheds light on employment and unemployment dynamics, providing estimates and short-term projections of employment by sector, vulnerable employment, labour productivity and the working poor, as well as offering analysis of country-level issues and emerging labour market trends. Building on the ILO's Key Indicators of the Labour Market, the report also includes a consistent set of tables with regional and global estimates and projections of these labour market indicators.

Global Employment Trends 2012: Preventing a deeper jobs crisis reveals a global labour market in severe distress, with one out of three people in the labour market currently either unemployed or poor. The report calls for decisive, coordinated action to reduce the uncertainties that are holding back private investment and to restart the engine of global job creation.

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Economic and Social Survey of Asia and the Pacific 2012

Economic and Social Survey of Asia and the Pacific 2012

Pursuing Shared Prosperity
In an Era of Turbulence and High Commodity Prices

United Nations

The Asia-Pacific region continues to face a deeply challenging external environment. The V-shaped recovery from the depths of the 2008-2009 global financial crisis in 2010 proved to be short-lived, as the world economy entered the second stage of the crisis in 2011, due to euro zone debt concerns and the continued uncertain outlook for the United States economy. The region will be affected by slackening demand for its exports and higher costs of capital, as well as by loose monetary policies and trade protection measures of some advanced economies.

Despite the slowdown, Asia and the Pacific remains the fastest growing region globally. It also serves as an anchor of stability and has emerged as a growth pole for the world economy. South-South trade with Asia and the Pacific in 2012 will help other developing regions, such as Africa and Latin America, further reduce their dependence on low-growth developed economies.

Another key challenge for the Asia-Pacific region is volatile and high commodity prices, which are likely to become the "new normal" of the global economy. The commodity boom presents risks as well as opportunities. Price shifts will change incentives, but the cautionary message is that less-developed economies should resist the impulse towards commodity specialization, which, in turn, can delay industrialization and economic diversification.

The 2012 edition of the oldest and most comprehensive annual review of development in this vast and diverse region, the Economic and Social Survey of Asia and the Pacific highlights critical challenges and options for policymakers. These include the need to better manage the balance between growth and inflation; coping with capital flows and exchange rate volatility; addressing jobless growth and unemployment; and tackling serious and growing inequalities.

Turbulence and volatility generate uncertainty. In these challenging times, the Survey 2012 can serve as a important resource to achieve more resilient, inclusive and sustainable development for Asia and the Pacific.

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World Trade Report 2012

World Trade Report 2012

1995-2011: 2012 Edition

World Trade Organization (WTO)

The World Trade Report 2012 ventures beyond tariffs to examine other policy measures that can affect trade. Regulatory measures for trade in goods and services raise new and pressing challenges for international cooperation in the 21st century. More than many other measures, they reflect public policy goals (such as ensuring the health, safety and well-being of consumers) but they may also be designed and applied in a manner that unnecessarily frustrates trade. The focus of this report is on technical barriers to trade (TBT), sanitary and phytosanitary (SPS) measures (concerning food safety and animal/plant health) and domestic regulation in services.

The Report examines why governments use non-tariff measures (NTMs) and services measures and the extent to which these measures may distort international trade. It looks at the availability of information on NTMs and the latest trends concerning usage. The Report also discusses the impact that NTMs and services measures have on trade and examines how regulatory harmonization and/or mutual recognition of standards may help to reduce any trade-hindering effects.

Finally, the Report discusses international cooperation on NTMs and services measures. It reviews the economic rationale for such cooperation and discusses the efficient design of rules on NTMs in a trade agreement. It examines how cooperation has occurred on TBT/SPS measures and services regulation in the multilateral trading system, and within other international forums and institutions. A legal analysis is provided regarding the treatment of NTMs in WTO dispute system and interpretations of the rules that have emerged in recent international trade disputes. The Report concludes with a discussion of outstanding challenges and key policy implications.

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WTO Dispute Settlement: One-Page Case Summaries

WTO Dispute Settlement: One-Page Case Summaries

1995-2011: 2012 Edition

World Trade Organization (WTO)

One-Page Case Summaries provides a succinct summary of the key findings of every dispute panel report up to the end of 2011 and, where applicable, the subsequent Appellate Body report.

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A Practical Guide to Trade Policy Analysis

A Practical Guide to Trade Policy Analysis

The World Trade Organization and the United Nations Conference on Trade and Development

 

A Practical Guide to Trade Policy Analysis, co-published by the World Trade Organization and the United Nations Conference on Trade and Development, provides the main tools for the analysis of trade policy. Written by experts with practical experience in the field, this publication outlines the major concepts of trade policy analysis and contains practical guidance on how to apply them to concrete policy questions.

The Guide has been developed to contribute to the enhancement of developing countries’ capacity to analyse and implement trade policy. It is aimed at government expertsengaged in trade negotiations, as well as students and researchers involved in trade-related study or research.

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Nhava & Sheva

Nhava & Sheva

Battling for the Environment: Oil, Ports and the Coastline

Shyam Chainani

 

The battle for Nhava-Sheva, probably was the turning point that made Shyam into an activist for the environment. It was the struggle against Rashtriya Chemicals Fertilizers (RCF) which wanted to build a fertilizer plant on the beach and ONGC that wanted to build a materials dump at Nhava that fired up Shyam to fight for the preservation of the coastline.
It is the fight for Nhava Sheva that resulted in the CRZ rules being promulgated by Mrs Indira Gandhi.
Ashok H Advani, Publisher, Business India Group of Publications

This is a story about one man’s passion. It describes his relentless, almost obsessive crusade to save the pristine islands of Nhava and Sheva from the bulldozers’ and builders’ axes. Located a few miles off the coastline of Mumbai, these islands are also home to the famed Nhava Sheva port. His battle began when concern for the environment was almost unheard of. He made some friends and even more enemies; but undeterred he carried on.
Sheila Shahani, Editor, Inside Outside

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Regional Economic Outlook

Regional Economic Outlook

Asia and Pacific

Managing Spillovers and Advancing Economic Rebalancing (April 2012)

International Monetary Fund
 

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South-South Collaboration in Health Biotechnology

South-South Collaboration in Health Biotechnology

Growing Partnerships amongst Developing Countries

Halla Thorsteinsdóttir (ed.)

 
The book South-South Collaboration in Health Biotechnology analyses collaboration among developing countries. It disseminates results from a large scale project on health biotechnology collaboration, involving six research groups based in Brazil, Canada, China, Egypt, India and Zambia led by the University of Toronto, Canada. It focuses both on health biotechnology collaboration in emerging economies such as China and India, and in lower income developing countries such as Bangladesh. The book provides a detailed analysis of collaboration between public sector institutions and of partnerships between firms in developing countries.

This book will be of particular interest to the science, policy, academic and business communities worldwide, as well as to a general audience interested in development and innovation.

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Moving out of Poverty

Moving out of Poverty

Volume 3—The Promise of Empowerment and Democracy in India

Deepa Narayan (ed.)

 
The Moving Out of Poverty series presents the results of new comparative research across more than 500 communities in 15 countries on how and why poor people move out of poverty. The findings lay the foundations for new policies that will promote inclusive growth and just societies, and move millions out of poverty.

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World Economic Outlook

World Economic Outlook

Better jobs for a better economy

ILO • IILS

 
 

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World of Work Report 2012

World of Work Report 2012

Better jobs for a better economy

ILO • IILS

 
This publication provides a comprehensive analysis of recent labour market and social trends, assesses risks of social unrest and presents employment projections for the next five years. The report emphasises that while employment has begun to recover slowly, job quality is deteriorating and there is a growing sense of unfairness. Moreover, given the pressure on governments to rein in expenditure, policy efforts have focused on structural reforms to boost employment creation. However, if policy instruments are not carefully designed, they could exacerbate the employment situation and aggravate further equity concerns, with potentially long-lasting adverse consequences for both the economy and society.

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India-Azerbaijan

India-Azerbaijan

The Silk Route Connection

Nivedita Das Kundu (Ed.)

 
The relationship between India and independent Azerbaijan has now endured well over a decade. The silk route connection between India and Azerbaijan is very significant since early times, when Indian merchants used to pass through Azerbaijan while traveling towards Europe. Due to Azerbaijan’s central location in the Silk Route, Azerbaijan emerged as the largest trade centre on the long stretch of the Silk Route. In this book, mutual interest, challenges and opportunities for diversifying cooperation in various sectors have been discussed. This book reflects the changing dynamics of the situation in both the countries and their mutual needs and requirements to improve the bilateral relationship.

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Microfinance in India

Microfinance in India

Issues, Problems and Prospects:
A Critical Review of Literature

S.L. Shetty

 
The study is an epitome of the mind-boggling flurry of literature on the subject of microfinance. But, it has gone far beyond the review of literature on the concept, country models and history of microfinance movement in India; it has provided a thematic work on the factual profiles of different microcredit programmes prevalent in the country and their progress, The book contains a very up-to-date review of the regulatory measures and their nuances and a detailed review of the evaluation and impact studies. The book also dwells on the limitations of the mFI movement to satisfy the credit needs of the vast informal sector enterprises which also seem to get generally neglected by the formal financial institutions. This has led the study to a review of the new initiatives which the authorities have taken under the broad theme of ‘financial inclusion.’ Keeping the broader objective of distributional goals embedded in the microfinance movement, the book attempts an assessment of the wider challenges faced by the financial system, and provides a dossier of suggestions for reaching out to the small and informal sectors on a more effective scale. As for the mFI movement itself, apart from bringing out it potentialities and also critiquing it, the study presents a set of suggestions for strengthening and expanding its role.

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Economic Reforms and Small Farms

Economic Reforms and Small Farms

Implications for Production Marketing and Employment

Parmod Kumar • Sandip Sarkar

 
This book looks at the impact of recent agriculture-related policy changes on the emerging production, marketing and earning status of small versus large farmers based on primary and secondary data. Comparing two contrasting states of Punjab and Bihar, the study finds that whereas Punjab farming set the course of commercialisation way behind in the early seventies and the state has bright prospect for a new phase of corporatisation leading to ascendancy of processing and value addition, Bihar agriculture is still caught in the web of subsistence farming. Majority of holdings being marginal and small in the state, the mechanisation and commercialisation of agriculture is still at a rudimentary stage and farmers have to depend on non-farm activities to make their daily earnings. Farm income was the chief source of household income in Punjab with 76 per cent share, whereas contribution of farm income in total household income was only 36 per cent in Bihar. Farmers’ opinion about the globalisation process revealed that only the large and medium farmers stood better off after the reform process whereas for the landless and small farmers, it has become difficult to eek-out their livelihood. For setting course for the future, understanding the current status of globalisation is necessary. Different policy actions in different states are de rigueur to bring the farmers out of their dilemmas especially the small and marginal ones who are at the ebb of deprivation.

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Organising Poor Women

Organising Poor Women

The Andhra Pradesh Experience

S. Mahendra Dev • Ravi Kanbur S. Galab • G. Alivelu (EDs.)

 
Why does poverty, particularly poverty among women, persist? One reason might be that we do not have the appropriate knowledge on which to base policies and interventions. But even if there was technical consensus on how to reduce poverty, the real issue is whether the power structures in society will allow interventions that reduce the advantages of the wealthy. Without power, the poor in general and poor women in particular, will not be able to argue for and to force the introduction of policies and interventions that improve their well-being. Hence, the need for empowerment. Organisations of the poor are central to inclusive growth. Andhra Pradesh has been in the forefront of promoting these organisations, especially for poor women. This volume assesses and analyses the Andhra Pradesh experience. The papers in the volume will be useful to researchers and policymakers alike since they chart a specific and concrete experience in enhancing organisations of poor women.

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Microfinance and Financial Inclusion

Microfinance and Financial Inclusion

 
S. Teki • R.K. Mishra
 
Financial inclusion is instrumental to the inclusive growth process and sustainable economic development of India. There has been increasing awareness and realisation that financial services hold the key to mainstreaming the poor and disadvantaged with the development of the country. Inadequacies in rural access to formal financial system and the seemingly extortionary terms of informal finance for the poor warrant a strong need and ample space for innovative approaches to serve the financial needs of India’s rural poor. Over the last decade and a half, toils have been made by government financial institutions, and NGOs, often in partnership, to develop new financial delivery approaches. Financial inclusion stands for provision of important financial services like credit, savings, insurance and remittances at an affordable cost to the disadvantaged, marginal and low-income groups across sections of the society. The primary goal of financial inclusion is to broaden the scope of activities of the formal financial system that could tag the poor people with low incomes into formal financial system in a gradual manner with focus on freeing the poor people from poverty.

The book has indeed come of age, and would become a significant source of work on microfinance and financial inclusion in India. This book is unique in that it combines financial inclusion, microfinance and special financial institutions striving for providing access to financial services to the poor. This aptly timed book will be relevant for the academic world, researchers, policymakers, government, business organisations, not for profit organisations and development thinkers.

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The Nature and Grounds of Political Obligation in the Hindu State

The Nature and Grounds of Political Obligation
in the Hindu State

New edition of the original 1935 classic
J.J. Anjaria
 

Professor J.J. Anjaria presents a lucid overview of the role of the State in Hindu thought and its connection to the modern State. The starting point is Dharma, which in Hinduism furnishes the elegant conceptual framework to understand the universe—and thereby also the nature of political obligation and the purpose of human activity. In particular, Hindu thought sees the State and its rulers as subservient to Dharma.

Prof. Anjaria argues that in modern times State regulation of men and institutions based on birth, power, wealth, or gender will block the fulfillment of the individual’s true aspirations and the development of a harmonious society. He calls for a renewed concept of Dharma, which would allow the State, in a true democracy, to fulfill its crucial role of supporting individual human endeavor. This requires moving away from the old view of Dharma, which over the centuries came to be implemented as a rigid, static set of rules that sought to preserve a status quo.

This work offers fresh insight into ancient Hindu political theory and a new perspective on Prof. Anjaria’s scholarship.

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Monetary Governance in Search of New Space

Monetary Governance in Search of New Space

Emerging Market Economy Perspectives
A. Vasudevan
 

The book is about the times in which we live. The context is the current global economic and financial crisis, caused by human inter-ventions that were bereft of transparency and commitment to sound market discipline. Governments and central banks are groping for quick solutions to assuage the growing anger of societies over the rising economic inequalities, unemployment and inflation.

The need of the hour is to set in place good monetary governance. Monetary governance consists essentially of institutional mechanisms and processes required for sound functioning of the tasks that devolve on Governments and central banks. It focusses on issues relating to the functional area of macroeconomic management. It is distinct from financial governance which deals mainly with portfolio management and asset distribution within the context of the principles and policies laid down by macroeconomic managers.

The book deals with the institutional requirements, the rainbow of interests, the analytics and the international dimensions of monetary governance in detail from the point of view of emerging market economies. Vasudevan argues, the way forward from the present state of policy-disarray lies in bestowing focus on accountability, knowledge-centric information and structural reforms as the points of policy pursuit.

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Two Decades of Economic Reforms

Two Decades of Economic Reforms

Towards Faster, Sustainable and More Inclusive Growth
Uma Kapila (ED)
 

India has travelled through a remarkable journey in the last two decades. This book depicts the journey and the challenges ahead through the writings of eminent economists, scholars, policymakers and experts in respective fields.

India has come a long way and today the world acknowledges this achievement but much more needs to be done on the ‘human face’ aspects of reforms which has been well covered in various papers in this book.

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Regional Economy of India

Regional Economy of India

 
Deepak Mohanty (ED)
 

It is increasingly recognised that to achieve inclusive growth and sustain growth momentum, regional economy is of criti- cal 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.

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Policymaking for Indian Planning

Policy-Making for Indian Planning

Essays on Contemporary Issues in Honour of
Montek S. Ahluwalia
Sameer Kochhar(Ed.)
 
A key figure in India's economic reforms from the early 1980s onwards,  ..Montek Singh Ahluwalia's fingerprints can be found in policies from economics to education reform, and he has been a driving force in the liberalisation programme of the past 20 years or more. The Oxford-educated economist spent 11 years with the World Bank in Washington before returning to India in 1979 to work as an economic adviser to the government. His commitment to poverty alleviation and inclusive growth can be found in his early writings and as Deputy Chairman of the Planning Commission, he has managed to translate this into the country’s Plan process. He is also the harbinger of partici-patory planning wherein for the first time Planning Commission started inviting suggestions and feedback for the 12th Five Year Plan. This festschrift comprises a range of essays covering different drivers of economic growth and development, providing not only an insight into policymaking and its impact, but also directions for India if it is to become a major player in the global economy. This book is a must-read for students of deve-lopment economics and political economy and is highly recommended for graduate students, academics and professionals interested in economic issues of developing countries.

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A Centenary History of the Indian National Congress (Vol. V)

A Centenary History of the Indian National Congress

Volume V: 1964-1984

Pranab Mukherjee, (Chair., ED.)

Aditya Mukherjee, (ED.)

The concluding volume of the Centenary History discusses the period when, under the aegis of Indira Gandhi, India attained an accelerated pace of development; and provided leadership of distinction to the Non-aligned Movement. It also covers the events of 1984 and delineates the new horizons of development under the steward-ship of Rajiv Gandhi.

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A Centenary History of the Indian National Congress (Vol. IV)

A Centenary History of the Indian National Congress

Volume IV: 1947-1964

B.N. PANDE (General Ed.)

Iqbal Narain, (ED.)

The fourth volume of the Centenary History highlights the social, political and economic development of India during the years when Jawaharlal Nehru was Prime Minister of the country.

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A Centenary History of the Indian National Congress (Vol. III)

A Centenary History of the Indian National Congress

Volume III: 1935-1947

B.N. PANDE (General Ed.)

M.N. Das, (ED.)

The third volume of the Centenary History deals with the manner in which the Congress, under the stewardship of Mahatma Gandhi, Jawaharlal Nehru and a distinguished galaxy of nationalist leaders, finally liberated India from the shackles of British imperialism.

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A Centenary History of the Indian National Congress (Vol. II)

A Centenary History of the Indian National Congress

Volume II: 1919-1935

B.N. PANDE (General Ed.)

Ravinder Kumar, (ED.)

The second volume of the Centenary History touches upon the transformation of the Congress into a party of the people under the aegis of Mahatma Gandhi. This volume also deals with the dissemination of socialist ideas within the national movement through the initiative of Jawaharlal Nehru.

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A Centenary History of the Indian National Congress (Vol. I)

A Centenary History of the Indian National Congress

Volume I: 1885-1919

B.N. PANDE (General Ed.)

N.R. Ray, (ED.)

The first volume of the Centenary History deals with the founding of the Congress and its growth into the premier organisation of the national movement in India.

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Structural Innovation for Inclusive Development in Bihar

Structural Innovation for Inclusive Development in Bihar

The Navodaya Shahar Model
Harsh Singh
 

Under the National Democratic Alliance (NDA) rule led by the charismatic Chief Minister Nitish Kumar, Bihar, one of the poorest states in India has seen a spectacular turnaround since 2006 so much so that some see the potential of the next green revolution in India sprouting from this Gangetic plain.

The book, Structural Innovation for Inclusive Development in Bihar: The Navodaya Shahar Model explores this recent resurgence in Bihar and shows that policy options in the medium term are highly limited. The usual route of rural-urban transformation stands blocked and the vast rank of the rural landless continues to swell in this second most populous state in India. Floods of outmigration have provided a safety valve. But unless internal mobility is generated through rapid structural transformation, the human development baseline will not budge, nor will the specter of mass poverty begin to thaw.

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The Milk Break

The Milk Break

and After
Raghubir Singh Junior Modern School: 1961-2011
 
A commemorative volume celebrating 50 years of a glorious institution, the Raghubir Singh Junior Modern School (RSJMS), this record is packed with rich archival material, including anecdotes, photographs, and messages, woven into a crisp commentary. Offering the reader an interesting and picturesque glimpse into the life and times of one of India’s most sought-after schools, this book attempts to answer questions such as: Why Modernites from different walks of life consider them-selves so connected to each other? and Why do they feel privileged to have been a part of this institution? From its beginnings in an old bungalow in Daryaganj to the founding of the RSJMS at Humayun Road in 1961, this comprehensive history will be interesting, not only to ex-students, parents, teachers, and others associated with the school, but also to anyone connected with education

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Reflections from the Frontline

Reflections from the Frontline

Developing Country Negotiators in the WTO
Pradeep S. Mehta, Atul Kaushik and Rashid S. Kaukab (Eds.)
 

This book gives a substantive account of the evolution of the WTO Doha Development Agenda (DDA) Negotiations and the role of developing country coalitions and alliances. The reflections are those of former and current developing country negotiators on their firsthand experience of WTO nego¬tiations. They have explained the mandate for these negotiations, particularly the development dimension; have described the progress including developments at key moments like the WTO Ministerial Confer¬ences in Cancun (2003) and Hong Kong (2005); and have drawn lessons from negotiating strategies and tactics applied to-date by developing countries.

The book is divided into three parts. Part I provides an overview, giving insights on how negotiations on trade and econo¬mic relations are conducted in the multi¬lateral trading system as well as the key points of DDA substantive negotiations and main developing country alliances and coali¬tions. Part II covers the negotiating experi¬ence on specific subjects in the Doha Round including cross-cutting issues. Finally, Part III deals with coalition building efforts by developing countries and the impact of these coalitions on the negotiations.

The sixteen chapters included in the publication give a rich resume of increasing and more effective developing country participation in the WTO. Authors have brought to fore the twists and turns of the decade long Doha Round, often based on their own experience and perspectives. Such intimate insights are rarely found in the existing literature on the WTO negotia¬tions. Authors have also offered suggestions to unlock the stalemate in the DDA and reach a balanced and development-friendly conclusion.

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India: A Pocket Book of Data Series / 2012

India: A Pocket Book of Data Series / 2012

NEW, 2nd Edition...
EPW Research Foundation
 

The development of independent India from an agrarian stage to a modern economy began in the early 1950s. After the first four decades of planning, India embarked upon a series of economic and financial sector reforms in the early 1990s. While India has continually been undergoing a socio-economic and structural transformation, its economic growth has accelerated in the past two decades. Since 2004, it has been on an even higher growth trajectory. This pocket book from EPW Research Foundation captures these trends and patterns, from data sets for a variety of social and economic indicators and presents them in a compact manner in both discrete and continuous annual series. The five major components of data sets are: Macro Economy, Social Sector, Infrastructure, Profile of States and International Comparison. It is a quick and handy reference tool for academics, executives, students and researchers and for anybody interested in the saga of India’s development.

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India-Korea

India-Korea

DIALOGUE FOR A 21ST CENTURY PARTNERSHIP
Choong Yong Ahn • Pravakar Sahoo (Eds.)
 
Choong Yong Ahn is a distinguished Professor of Graduate School of International Studies at Chung-Ang University, Korea. He is also a Foreign Investment Ombudsman at Korea Trade and Investment Promotion Agency.

Pravakar Sahoo is an Associate Professor at Institute of Economic Growth (IEG), Delhi University, India. Prior to joining IEG as Associate Professor (February 2009), he was working as senior fellow in Indian Council for Research on International Economic Relations (ICRIER), New Delhi.

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Outlook of the North East India

Outlook of the North East India

An Agricultural Perspective
Kamal Kumar Datta • Subhasis Mandal
 
This book indicates several novel opportunities for new investments that can catalyse the development process of the NER with special focus on agriculture and tries to propagate a new principle on the promotion of sustainable agriculture while conserving the biodiversity.

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Powering India

Powering India

A Decade of Policies and Regulation
S.L. Rao (Ed.)
 
Rapid capacity additions and improved efficiencies in electricity generation, transmission and distribution, are still absent or inadequate. The Electricity Act, 2003 introduced concepts not formally recognised earlier—competition in electricity, safeguarding consumer interests, encouraging investment, captive generation, merchant power, electricity trading, electricity exchanges and markets, consumer choice, open access to transmission and distribution wires, tariff-based bidding and independent Central and state regulatory commissions. Measures were also introduced to promote larger capacity generation, guarantee coal availability and encourage renewable energy. This volume helps to improve understanding of the ways in which these ideas were implemented and can be used.

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Changing Minds

Changing Minds

A Guide to Facilitated Participatory Planning
Cole P. Dodge & Gavin Bennett
 

THIS book draws on the work of thinkers and doers throughout the world who have grappled with the challenge of planning complex institutions, especially health systems and development projects. Their problem: Conventional planning methods often do not work. The solution: Involve all the key stakeholders in making the plan. The challenge: Devise a planning system that the principals and stakeholders can trust, and that is inclusive, balanced and dynamic.

Facilitated participatory planning (or FPP) is a new way of planning for a world that is complex, competitive, and fast-changing; a world where managers, staff and other stakeholders must have their say and own the ideas for any plan to work. This book charts the evolution of FPP from pioneer concepts of awareness, empowerment, learning-by-doing, visualisation, creative group processes, and incremental questions into a complete and up-to-date system of principles and techniques. It carries case studies that show how FPP has been used successfully where other planning methods have failed.

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Strengthening Resilience in Post-disaster Situations

Strengthening Resilience in Post-disaster Situations
Stories, Experience and Lessons from South Asia
Julian Gonsalves • Priyanka Mohan (Eds.)
 

To mitigate, develop and improve the lives of those vulnerable to intense natural disasters, climate change and food insecurity, many agencies are funding and implementing diverse activities from reconstruction to rehabilitation. In particular, mid-to long-term interventions, strategies, and practical approaches are being designed and adopted to build the resilience of the poor. This book presents the lessons and impacts from a collection of these projects, describing concepts, strategies, processes, and tools in such a way that they can be easily replicated and shared with a wider audience. It describes valuable practical experiences and lessons from the field, capturing a range of diverse interventions from implementing agencies involved in post-disaster rehabilitation.

Part 1 presents an overview of the coastal threats and post-tsunami issues faced by the coastal communities of South Asia. Part 2 examines the concept of risk reduction and, in doing so, brings together the focal elements of resilience, mitigation and adaptation. Part 3 describes the pathways for building the capacity of vulnerable communities to withstand and rebuild from natural disasters. Part 4 presents real-life stories of how post-disaster rehabilitation and resilience-building projects have led to positive change at the community level.

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Reconnection Britain and India

Reconnecting Britain and India
Ideas for an Enhanced Partnership
Jo Johnson & Rajiv Kumar (EDS.)
 
Reconnecting Britain and India: Ideas for an Enhanced Partnership”
seeks to survey the main features of a diverse and complex bilateral relationship. As the shadows of the colonial period fade into history, this book aims to analyse the scope for a new relationship that recognises the role the UK can play in India’s quest for international stature. Original essays from more than three dozen thought-leaders from the worlds of academia, business, politics and the arts assess the potential for the two countries to forge an ‘enhanced partnership’, the objective set out by the two prime ministers, Manmohan Singh and David Cameron during the latter’s 2010 visit to India.

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How India's Small Towns Live (or Die)

How India's Small Towns Live (or Die)
Making Sense of Municipal Finances
Paromita Shastri
 
By 2040, over half of India's population will live in cities and towns. How many of them will live in slums? To prevent intense migration pressure on the handful of metros and state capitals and the resulting urban dehumanisation, policymakers must urgently focus on reviving India's small towns and big villages. Yet, most small town municipalities are in shambles; they lack resources, planning, data, maps, incentives and proper accounting. Corruption and power politics dog them, and citizens have no say or role in their running.

This book looks at the kaleidoscope of municipal finance issues in India, keeping the small towns at the core, and argues for a radical change in the constitution and working of these municipalities, with effective devolution of funds, functions, and functionaries from the state level. It contends that municipal bodies need to function independently and with real participation of citizens to be the force of change that gives birth to a new urban India.

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Journey of a Nation

Journey of a Nation
Indian National Congress: 125 Years
 
 

Great movements are like great rivers—they start as small streams, but if the cause is great, they draw to themselves many streams, joining together to achieve and reach their destination. And so it was with the Indian National Congress, which met for the first time with a 'microscopic minority' of seventy-two people in Bombay on the 28th December, 1885. It went on to challenge the mightiest empire of the time, using the slogan of peace and the method of non-violence. Led by men and women of extraordinary intellect, courage and commitment, it shaped the destiny of modern India in the twentieth century, and leads India as a global power in the twenty-first century.

Commemorating 125 years of the Indian National Congress, this volume unfolds, page after page, the saga of struggle, sacrifice and nation-building. A lucid commentary, enlivened further by rare photographs and archival material, it offers the reader a pictorial glimpse of the epic journey that began in 1885. This is indeed, the journey of a nation...

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Congress and the Making of the Indian Nation

Congress and the Making of the Indian Nation
 
Chief Editor: Pranab Mukherjee
 
This publication (in 2 volumes) is not only a short history of the Indian National Congress but to a considerable extent the history of the Indian people. These volumes give us a glimpse of how the Congress, over the past 125 years, traversed the path of Indian nation-building through extremely difficult challenges, both external and internal. This glorious history should serve as a guide and an anchor in helping the country negotiate future challenges.
— from the Foreword by Pranab Mukherjee

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Goa Development Report

Goa Development Report
 

PLANNING COMMISSION, GOVERNMENT OF INDIA

 
The Goa Development Report reviews the experience of Goa and highlights issues critical for the State's development in the years ahead. The report is expected to be an important document and will impart value for accelerated growth in the future.

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Growth & Finance

Growth & Finance
essays in honour of c. rangarajan
Sameer Kochhar (Ed.)
 

In this timely book—a festschrift for Dr. C. Rangarajan—top experts, policymakers and economists offer their assessments of India’s performance in the area of economic and financial reforms and analyse the successes and continued challenges. It provides an insight into critical macroeconomic and macro-finance issues of today. The book covers a broad set of topics, including fiscal, monetary and external sector policies, drivers of banking and financial growth, infrastructure and financial inclusion.

A strategy of gradual economic liberalisation combined with risk-averse prudential regulation in the banking and financial sector helped limit India’s exposure to the recent financial crises and the subsequent global economic slowdown. The improved economic performance in recent years encouraged the country to become more globally and regionally integrated. This process is unlikely to be reversed by the current global economic slowdown, given the economic and strategic benefits India has derived so far.

The authors in this festschrift share a critical, but overall positive, view of the country’s future and outline several areas and recommendations for bettering the lives of citizens. Empirically rich and topically diverse, the book is broad in scope and full of deep analytic insights and will serve as a useful reference and planning tool for administrators, planners, policymakers and students of development economics, monetary economics and finance.

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Imagining Asia in 2030

Imagining Asia in 2030
Trends, Scenarios and Alternatives
Ajey Lele and Namrata Goswami (EDS.)
 
Future belongs to Asia. Already a major transition of wealth and power from the West to the East is being witnessed as never before. Asia could withstand the economic Tsunami which engulfed most of the developed world in 2008. Asian powers like China and India are being envisaged as the drivers of the future global economy. On the other hand, Asia is also facing major security challenges. How Asian states continue with the present pace of their economic growth and simultaneously deal with myriad international security threats is an intriguing question for the world at large.

Bringing together a pool of renowned international experts, the book deals with the potential drivers of future change in Asia like economic growth, climate change, demographics, urbanisation, migration, resource competition, technology, military modernisation, globalisation, nationalism and identity politics, radical movements, extremism and terrorism, and great power competition. It not only attempts to describe the future for Asia in 2030, but also offers exciting alternative future scenarios.

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From Green to Evergreen Revolution

From Green to Evergreen Revolution
Indian Agriculture: Performance and Challenges
MS Swaminathan
 

Indian agriculture is at cross-roads. At one end, is the problem of ecologically unsound public policies which have led to deep ecological distress. On the other, despite large number of nutrition safety net programmes introduced by Central and state governments, India still remains the home for the largest number of malnourished children and adults in the world. The need of the hour is to convert the green revolution into an ‘evergreen revolution’ by mainstreaming the principles of ecology in technology development and dissemination. India also urgently needs to focus on developing a sustainable and equitable food security system.

Authored by Prof. M.S. Swaminathan, a world scientist of rare distinction and a living legend, this book stresses on considering the problem of food production holistically. Evergreen revolution along with small farm management revolution are hence the most important ingredients for hunger-free India movement. Swaminathan’s consistent point has been, “rather than predicting the future, it is our job to shape it.”

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Financial Policies and Everyday Life

Financial Policies and Everyday Life
The Indian Context
S S Tarapore
 
After a long career in central banking, the distinguished economist S.S. Tarapore has been writing columns in financial dailies. There was a felt need to reach out to a wider audience in a regional language. During the period October 2005-August 2008, he turned to writing a regular column in the widely circulating Gujarati newspaper, the Divya Bhaskar. This volume brings to the English speaking readers, for the first time, his writings in the Divya Bhaskar on monetary, fiscal, banking and external sector management, but essentially from the viewpoint of the aam aadmi. The volume would be of interest to the general reader who wishes to stay abreast of developments in financial policies and it would also be of interest to policymakers, opinion makers, bankers, academics and students.

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World Economic Outlook

World Economic Outlook
Rebalancing Growth
International Monetary Fund
 

Assumptions and Conventions

Preface

Joint Foreword to World Economic Outlook and Global Financial Stability Report

Executive Summary

Chapter 1. Global Prospects and Policies

Chapter 2. Country and Regional Perspectives

Chapter 3. Unemployment Dynamics during Recessions and Recoveries: Okun’s Law and Beyond

Chapter 4. Getting the Balance Right: Transitioning out of Sustained Current Account Surpluses

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Dharavi

Dharavi
Documenting informalities
Maria Lantz and Jonatan Habib Engqvist (Eds.)
 

Redevelopment plans threaten the livelihoods of hundreds of thousands of people who live and work in Dharavi, a city within the city of Mumbai. This book dispells the idea that a “slum” can only be a location for despair. Dharavi: Documenting Informalities reveals thriving communities, innovative architecture and powerful grass roots politics. By moving beyond abstract concepts such as globalization and post-colonialism, Dharavi: Documenting Informalities gives detailed, personal accounts of the many ways in which we are all linked to Dharavi’s people and industries.

Essays by Saskia Sassen, Arjun Appadurai and Sheela Patel complement
maps, photographs, drawings and interviews made by a group of artists and architects from The Royal University College of Fine Arts in Stockholm.

In Dharavi, houses and workplaces have developed over generations. Markets, alleys and the landscape itself were created as a result of actions and hard work, through negotiations and mutual needs. Memories of these
struggles, stories and dreams all intertwine in Dharavi.

This chronicle twists the informal society toward a formal one. It aims to show the creative power of the grass-roots and encourage politicians and other stake-holders to listen and to provide the means for infrastructure
and services.  — Maria Lantz and Jonatan Habib Engqvist, editors

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Biotechnology in Indian Agriculture

Biotechnology in Indian Agriculture
Potential, Performance and Concerns
N. Chandrasekhara Rao • S. Mahendra Dev
 

This book is one of the first of its kind on socioeconomic aspects of agricultural biotechnology in the country. It covers a range of issues relating to potential, performance and concerns regarding biotechnology in India and offers valuable suggestions for policymaking. The debate on biotechnology so far focused mainly on the likely risks instead of objectively assessing the technology on a case-by-case basis to come out with suitable policy implications.

The present book attempts to fill this serious gap by discussing the nature and organisation of biotechnology, present pattern of product development, concerns for poverty reduction arising from the nature and pattern of product development and the performance of the first biotech product in the country viz., Bt cotton. It uses the results of two longitudinal surveys conducted in all the cotton growing agro-climatic zones of Andhra Pradesh and employs a conceptual framework to bring out the performance of this technology.

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Regional Disparities, Smaller States and Statehood for Telangana

Regional Disparities, Smaller States and Statehood for Telangana
 
Potential, Performance and Concerns
 

The essays in this book, Regional Disparities, Smaller States and Statehood for Telangana, written on different occasions over a period of four decades reflect the understanding and vision of the author with regard to the complex issues of regional disparities and emerging regional tensions, and the revival of the demands for the creation of smaller states.

The author observes that inter-state and intra-state disparities in development have not only persisted but have even increased in certain cases especially where backward regions do not have the necessary political clout in decision-making regarding public investment and provision of jobs. This has led to regional tensions and persistent demands for carving out separate states consisting of such backward areas. Uttarakhand, Jharkhand and Chhattisgarh are some recent examples.

The need to reduce regional disparities in development has emerged as one of the biggest challenges in the post-reform period. According to Professor Rao, to ensure greater accountability for the development of backward regions in bigger states, it may be desirable to constitute Regional Development Boards and, where necessary, to carve out separate states comprising some of the backward regions. As early as 1969, he had argued for the economic viability of a separate Telangana state, “There is every reason to believe that separation would create conditions for the proper development of material as well as human resources of the region.”

The book is of great relevance today in view of the renewed interest in the subject.

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Building from the Bottom

Building from the Bottom
Infrastructure and Poverty Alleviation
Sameer Kochhar • M. Ramachandran (Eds.)
 

Putting the right infrastructure is critical to India’s plans for inclusive growth. Increasingly, responsibilities for infrastructure development will be decentralised to the local governments, whether rural or urban. There is now an increasingly urgent need for large-scale environmental improvement programmes and for strengthening governance and the capacity of local institutions to plan, implement, and finance infrastructure provision and service delivery.

Building from the Bottom: Infrastructure and Poverty Alleviation provides critical insights into infrastructure governance from different angles—policy making, urban and rural aspects, technology, connectivity, capacity building and participation. Some of the most distinguished scholars and practitioners have contributed to this volume that encapsulates the key issues in mainstreaming poverty alleviation strategies in infrastructure programmes. Some important questions it seeks to answer are: How can we ensure infrastructure access and affordability for the poor? What are the implications for development planning and decision-making processes? What are the financing options? The book also contains a number of best practice case studies to reflect community participation, innovation and commitment, all vital ingredients to the process of building from the bottom.

The book will serve as a useful reference and planning tool for administrators, planners, policymakers and researchers of development economics.

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India-Russia Strategic Partnership

India-Russia Strategic Partnership
Challenges and Prospects
Nivedita Das Kundu (ED.)
 

The strategic partnership between India and Russia was signed during the visit of President Putin to India in the year 2000. Since then, the Indo-Russian relationship has diversified enormously and today it is uniquely strong and also expanding in the areas of defence, nuclear energy, hydrocarbons, space research and in science & technology. This relationship is based on a strong national consensus in both countries that has cut across ideologies or political differences. Although differences arise over certain issues on certain occasions, the overall parallelism in the Indo-Russian relationship definitely symbolises the trust that still exists between them.

India and Russia have now reached a stage where the economies of both the countries are resurgent and at the same time diversifying. Both economies are developing significantly to provide a good base for expanding business contacts and promoting new projects. Nonetheless, in spite of accelerated growth and immense opportunities, statistics show that business transaction is much less than the potential which exists between them. On the whole, it is necessary to publicise the positive experiences and growth of both countries, which will help people in both countries to orient themselves to the present realities and will boost bilateral cooperation in various fields.

With these aspects as a backdrop, this book India-Russia Strategic Partnership: Challenges and Prospects has been conceived. This book is an outcome of the research papers presented during the conference held at Indian Council of World Affairs, New Delhi, India, along with the Moscow State Institute of International Relations. The book covers a wide spectrum of issues and concerns related to India-Russia Strategic Partnership, and outlines various challenges and prospects for developing this relationship further. An attempt has been made here to contextualise the debate in a more cogent form.

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Banking Services for the Poor

Banking Services for the Poor
Managing for Financial Success
Robert Peck Christen
 

Today more than ever it is evident that financial organizations that fail to heed the principles of sound financial management will rapidly find themselves in trouble. Over ten years ago, Robert Peck Christen observed this in the context of microfinance programs burgeoning in the late 1990's. His concern spurred the writing of this manual.

Developed to help microfinance program administrators manage for financial success, this best-selling manual today still offers practical and clear applications of traditional financial topics to microfinance institutions.

In this manual, Christen addresses interest rate policy, management of assets and liabilities, capital and portfolio risk, and strategic financial planning—all key issues for microfinance institutions and all important for the donors, consultants, and regulators who work regularly with microfinance institutions to understand. The manual presents the theoretical framework along with numerous examples, allowing the reader to deepen his or her understanding of the subject matter.

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Trade and Employment in the Global Crisis

Trade and Employment in the Global Crisis
Managing for Financial Success
Robert Peck Christen
 

Today more than ever it is evident that financial organizations that fail to heed the principles of sound financial management will rapidly find themselves in trouble. Over ten years ago, Robert Peck Christen observed this in the context of microfinance programs burgeoning in the late 1990's. His concern spurred the writing of this manual.

Developed to help microfinance program administrators manage for financial success, this best-selling manual today still offers practical and clear applications of traditional financial topics to microfinance institutions.

In this manual, Christen addresses interest rate policy, management of assets and liabilities, capital and portfolio risk, and strategic financial planning—all key issues for microfinance institutions and all important for the donors, consultants, and regulators who work regularly with microfinance institutions to understand. The manual presents the theoretical framework along with numerous examples, allowing the reader to deepen his or her understanding of the subject matter.

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The Long View from Delhi

The Long View from Delhi
To Define the Indian Grand Strategy for Foreign Policy
Admiral Raja Menon, Rajiv Kumar
 

Capitals of big countries like India are supposed to have a Long View of their world. Does Delhi have one? The US government, when presented with a Long View from Washington by Herman Kahn of the Hudson Institute in the early seventies is supposed to have protested “But they employed only three people for the study.” Kahn replied “True, but that was three more than the government employed to look at the future”. Laymen imagine that those in the lofty reaches of government spend time in contemplation, brainstorming where their societies will be two decades hence. Disappointed they are when they learn that politicians drive policy more to ensure re-election four years later, than to shape their environment. They say they have no choice.

This book, the first such attempt, by Menon and Kumar, uses the Net Assessment Method to write the scenarios India will be confronted with in 2020. Policy, they feel, should address scenarios, that will inevitably evolve from myriad complex drivers. Scenarios cannot be created: only God does that. Menon and Kumar follow a transparent method to build, brick by brick, three scenarios that India could face, comparing them to three others evolved by the United States National Intelligence Council and by a group of Indian practitioners. The book closes with a possible Grand Strategy of Foreign Policy that will leave readers in India, and abroad with a clearer understanding of the choices that await a rising India.

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Uttarakhand Development Report

Uttarakhand Development Report

PLANNING COMMISSION, GOVERNMENT OF INDIA

The Uttarakhand Development Report review the experience of Uttarakhand and highlights issues critical for the State's development in the years ahead. The report is expected to be an important document and will impart value for development practitioners interested in the state and act as a road map for accelerated growth in the future has decided to prepare State Development Reports (SDRs) for all States and Union Territories. The purpose of bringing out these reports is to provide quality reference document of the development profile of the States. The SDRs aim at spelling out the constraints and challenges facing the States and suggest blueprints for their overall progress and prosperity.

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India on the Growth Turnpike

India on the Growth Turnpike
Essays in honour of Vijay L. Kelkar
Sameer Kochhar(ED.)
 

Vijay Laxman Kelkar has been one of the most creative, contemplative and versatile public policy makers of India. Whether it has been articulating a vision for the role of markets and government, or stressing for the importance of a sound public sector balance sheet, or arguing for tax reform and fiscal federalism, or making simple and sound policies through consensus, his contributions are non-parallel. The essays in this festschrift are by some of the leading economists, bankers and policy planners of India. While saluting his visionary role in the government, they also provide an insight into some current and critical macroeconomic and finance issues. The writings cover a broad set of topics, among them fiscal, monetary and external sector policies, infrastructure, financial inclusion and education.

This volume commemorates the conferring of the Skoch Challenger Lifetime Achievement Award 2010 on Dr. Kelkar for his unique contributions to the Indian economy in general and his key role in financial sector reforms process in particular. This timely book will appeal to policy makers, political scientists, economists and other social scientists conducting research and teaching courses in political economy, fiscal and monetary policy, development studies, public policy and governance.

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Creating Vibrant Public-Private-Panchayat Partnership (PPPP)

Creating Vibrant Public-Private-Panchayat Partnership (PPPP)
for Inclusive Growth through Inclusive Governance
Harsh Singh
 

India grapples with the paradox of endemic backwardness in over 200 districts while certain sections and sectors are moving at a pace that is making global headlines. This report on “Creating Vibrant Public-Private-Panchayat Partnership (PPPP) for Inclusive Growth through Inclusive Governance” presents some new perspectives and solutions by bringing together the local governance agenda through the Panchayati Raj, the issue of agricultural development which influences the livelihoods of a vast majority of Indians, and the role that the business sector could play in rural transformation. It presents case studies which show that partnership models which could ensure an income of over Rs.25,000 per annum on 0.5 hectare plots are feasible even in the context of a highly hostile eco-environment.

In view of its cross-cutting theme, this crisp report is a ‘must read’ for policy makers and practitioners in the area of pro-poor growth, rural development, local governance and public-private partnership.

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I Can Do

I Can Do
Financial Planning
Swapna Mirashi
 

This book in your hands, I Can Do Financial Planning, is a valuable addition to the several ongoing efforts of the Reserve Bank towards enhancing financial literacy. It is aimed at youth who are just about getting into jobs and careers, and who will have to wade through a complex array of financial products and make judgements. It is an attempt towards educating the readers on the importance of thrift and equipping them with the skills of planning and budgeting for a financially secure future. Written in an easy style and simple language with live examples, the book’s central message is that people can improve their financial security through defining their financial goals, then drawing up and implementing a savings and investment plan to achieve those goals.

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Improving Policy Coherence in South Asia

Improving Policy Coherence in South Asia
 
Manas Bhattacharya (ED.)
 

Jobless growth is a major concern in today’s world. Over and above, employment becomes the first casualty of financial crises that seem to occur almost in a periodic manner. How well the countries have mainstreamed employment in their macro strategies? How coherent are the macro policies that countries follow from the perspective of centrality of Decent Work in the context of investment and growth?

The volume scans the macro-economic settings of the seven countries of South Asian subregion that include Afghanistan, Bangladesh, India, Iran, Nepal, Pakistan and Sri Lanka and explores how well the macro economic strategies pursued by these countries cohere with the Decent Work objectives.

The papers contributed by various authors in this volume present elaborate research based empirical information and analyses for the readers, researchers, policy makers and multilateral institutions.

The analytical import in this volume also provides a perspective on globalization. Are these countries reaping the benefits of this process? Is globalization helping in achieving the Decent Work goals? The book raises many issues and opens up wide areas of debate.

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Trade Liberalisation, Manufacturing Growth

Trade Liberalisation, Manufacturing Growth and Employment in Bangladesh
 
Mustafizur Rahman • Wasel Bin Shadat • Selim Raihan
 

The present volume makes an important contribution to the rich literature on impact of trade reforms on growth and employment by undertaking an indepth investigation into relevant issues in the context of the developing economy of Bangladesh. The study tracks and investigates the various phases of trade reforms pursued by Bangladesh over the past years. By applying appropriate analytical and estimation techniques, the study captures how and to what extent trade reforms have impacted on growth of manufacturing sector of the country during the various stages of the reforms and how employment scenarios have changed in labour-intensive and export-oriented sectors of the country over the corresponding periods as a consequence of the reforms. The book argues that further trade reforms should be guided by concerns of employment creation and should be tailored to the demands of accelerated industrial growth as Bangladesh enters into a heightened pace of global integration of her economy.

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Delhi: India in One City

DELHI

India in One City
Text: Malvika Singh, Photo Editor: Uday Sahay
 

'Dilli' is the heart of India. It embodies centuries of life and living, of changing cityscapes and fine architectural masterpieces that draw together ancient fortresses, mediaeval cities, and a metropolis that has, without hesitation, embraced the diverse, multilayered and dynamic reality of India and all Indians.

This book walks you through some of the symbols that compel Delhi to stand apart, showcasing an old civilization and more importantly, an energetic, creative and entrepreneurial young nation grappling with the excitement of constant reinvention, of change.

Delhi has the best of all worlds within her open borders, from the ancient past to the vibrant present and Dilliwallahs are an engaging lot, proud of their epic legacy, raring to keep the ethos of change alive.

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From Unipolar to Tripolar World

From Unipolar to Tripolar World

Multipolar Transition Paradox

Arvind Virmani
 

Developed country experts on international affairs and the global economy have consistently underestimated the speed with which China’s economy and power would rise relative to Germany, Japan and the USA. They are now similarly underestimating the speed at which India’s economy will close the economic size and power gaps. This book shows, why and how a tri-polar global power structure will emerge from the current confused system variously described as ‘multipolar’, ‘apolar’, ‘pluripolar’, ‘West and the rest’ and ‘unipolar with an oligopolistic fringe’. The Book goes on to draw out the implications and consequences of this evolving global power structure and makes suggestions on the policy options that need to be explored and pursued to increase the possibility of a peaceful transformation .

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Essays on Economic Development

Essays on Economic Development

Theory, Institutions and Policies
V. V. Bhatt
 

These essays have wide-ranging themes on different aspects of socio-economic development. All of them were written during the last four decades and some were published in well-known national and international journals like Economic and Political Weekly, International Journal of Development Banking in India, American Economic Review (USA), Bulletin of the Oxford University Institute of Economics and Statistics (UK) and KYKLOS (Europe). Some others were published in the publications of international institutes like United Nations, International Monetary Fund and the World Bank.

The context in which these essays were written (as others in author's develop-ment perspectives) is indicated in his latest book Perspectives on Development: Memoirs of a Development Economist (Academic Foundation, 2008).

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Economic Challenges to Make South Asia Free from Poverty and Deprivation

Economic Challenges to Make South Asia Free from Poverty and Deprivation

 
Meeta Kumar, Mihir Pandey (EDS.)
 

The South Asia Economics Students' Meet is a unique platform created in 2003-04 to give young undergraduate students of Economics an opportunity to interact academically and discuss important contemporary economic issues pertaining to South Asia. The papers in this volume were presented at the 5th Meet, held in Delhi in March 2008, on the theme “Economic Challenges to Make South Asia Free from Poverty and Deprivation.”

This collection of papers is special in several ways. It is topical; it not only reiterates the capabilities of the young contributors, it also reflects the quality of teaching and academics on the sub-continent. The youth of the contributors is well compensated by their intellectual maturity. This volume is the repository of the hope and effort that we have invested in our students, and in our future. It will give the reader some idea of the capabilities of our ‘future economists'.

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Agricultural Risk and Insurance in India

Agricultural Risk and Insurance in India

Problems and Prospects
S.S. Raju and Ramesh Chand
 

Agriculture production and farm incomes in India are frequently affected by weather and climatic aberrations like droughts, floods, cyclone, frost, storms, land slides, etc. Outbreak of epidemics, fire, and market fluctuations are the other factors which seriously affect production and farm income. All these events are beyond the control of the farmers. With the growing commercialisation of agriculture, the magnitude of shock due to unfavourable eventualities is increasing and the need to protect farmers against production and income losses is becoming stronger. Agricultural insurance is considered an important mechanism to effectively address the risk to output and income resulting from various natural and manmade events. Despite various schemes launched from time to time, agricultural insurance in India has not made much headway even though the need to protect country’s farmers from agricultural variability has been a continuing concern of agriculture policy. This book examines the genesis of agricultural insurance in India and discusses various agricultural insurance schemes launched in the country from time to time and the coverage provided by them. The book also looks into the role of government in implementing various agricultural insurance schemes and suggest effective agriculture insurance programme for India.

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Population, Gender and Health in India

Population, Gender and Health in India

Methods, Processes and Policies

K.S. James, Arvind Pandey, Dhananjay W. Bansod and Lekha Subaiya (EDs.)

 

Demographic processes and health outcomes are highly gendered in India. At the same time, studies on the impact of gender on demography and health issues are scarce and the impact of demographic changes on gender is nearly nonexistent. Mere recognition of the gender issues does not provide policy guidance to make appropriate changes in the programmes. This calls for innovative methods to understand demographic changes, health scenario and gender systems and also a critical analysis of various public interventions. India is also experiencing rapid demographic changes in recent years which will have definite implications for demographic pattern, gender system, health progress and governmental policies and programmes. There are several policy and programmatic interventions to generate conducive demographic and health changes through gender equity.

This volume brings together contributions from scholars on demographic changes, gender and health system and health policies and programmes in India. It highlights achievements and challenges facing the country in the area of population, gender and health in different settings. It also brings up new methods of analysing the relationship. This volume, undoubtedly, will be a useful guide to students, researchers and policy makers in India and across the world.

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Economic Developments In India : Monthly Update, Volume -117

Economic Developments In India : Monthly Update, Volume -117

Editors : 

RAJ KAPILA & UMA KAPILA;

Economic Developments in India (EDI) was launched in 1998. Ever since, one volume is published every month. Each volume of EDI comprises a hard-bound book plus a CD-ROM. Salient features include: latest articles by top economists and experts; complete (full-length) reports & policy documents; current at-a-glance statistics and policy updates. EDI is an authentic and 'truly unique' ready-reference resource—a full-fledged 'Economic Information System'. The dual format (hardcopy + digital) further enhance the utility of this publication.

Yes ! Indeed, the combination of 'Book and a CD-ROM' proves extremely powerful and versatile, especially when the two forms of media are selectively made to carry different forms of information. Hence, the hard-copy (i.e. the book) presents crisp articles and short summaries while the digital format (CD-ROM) takes care of voluminous reports and documents with sophisticated search facility and printout options. This way, easy readability and comprehensiveness go hand in hand to make this publication compact and preservable.

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Academic Foundation's Bulletin on Banking & Finance : Volume -80

Academic Foundation's Bulletin on Money, Banking & Finance : Volume -80

Editors : 

Sona Kapila

Each issue of the monthly bulletin is designed to carry, quite comprehensively, the latest available information on the subject in the form of various notifications, circulars, press-releases, etc. issued by RBI, SEBI, Ministry of Finance, and other Govt./semi-Govt. institutions; news, analysis, court judgments, concepts, explanatory notes, and so on, that would be considered not only relevant but extremely useful for day to day reference by all bankers

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