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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 participatory 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 development 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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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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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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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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Speeding Financial Inclusion

Speeding Financial Inclusion

 

Sameer Kochhar

 
Scaling-up access to finance for India’s rural poor presents a formidable developmental challenge in a country as vast and varied as India. It was in this context that Skoch Development Foundation undertook the first-ever nationwide multi-stakeholder study entitled "National Study on Speeding Financial Inclusion". This study sought to collate primary research based on our grassroots experiences from several project sites and field visits; and, views from all stakeholders so as to arrive at key interventions and intermediations to speed up the process of financial inclusion, and thereby poverty alleviation. Apart from providing key recommendations in the form of a roadmap to speed up the process of financial inclusion, the study also sought to determine the viability and cost-effectiveness of the Business Correspondent (BC) model and has identified several options to make the model viable.

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Urban Renewal

Urban Renewal

policy and response
by M. Ramachandran • edited by Sameer Kochhar
 
The Indian Government took the historic step of launching the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) in December 2005 with a view to give fillip to urban infrastructure development in 65 major cities by mobilising Rs.50,000 crore from the Central budget and by getting a matching Rs.50,000 crore from the State governments and the Urban Local Bodies (ULBs). The response to JNNURM has been very good. As a consequence, projects costing Rs.95,385 crore have already been sanctioned and are under various stages of implementation. This book reveals the nuances and thinking behind the JNNURM, its implementation and status on the ground and suggests the way forward. The current urban reform process undoubtedly offers tremendous opportunities to rethink economic and development priorities. This book is timely given the re-affirmed commitment of the government to urban development. It is an essential read for all interested in policy, planning, urban develop-ment and renewal issues.

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Infrastructure & Governance

Infrastructure & Governance

 

Editors:
Sameer Kochhar, Deepak B Phatak, H Krishnamurthy,
Gursharan Dhanjal

 

This compilation has emerged from a recent National Consultation on Infrastructure and Governance called India @ Work Summit, organised by Skoch Consultancy Services, providing critical insights into the subject of infrastructure and governance, all pointing to a common goal of inclusive growth.

The book opens with a chapter entitled: Participatory Democracy, Infrastructure and Empowerment. Offering the concerned reader the collective wisdom of eminent policy makers and distinguished experts, the content in this volume is organised under seven sections, namely:

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Financial Inclusion

Financial Inclusion

 
Sameer Kochhar, R. Chandrashekhar, K.C. Chakrabarty, Deepak B. Phatak (EDS.)
 

This compilation is the result of action research and field visits across India spread over last 10-years that have been punctuated with seminars and workshops providing multi-stakeholder consultations. These were conducted by Skoch Consultancy Services with recently added support from Skoch Development Foundation. The compilation focuses on various facets of financial inclusion ranging from opening up of no-frills accounts to micro-credit to financial literacy, while emphasising the role of process changes, technology enablement, capacity building and outreach mechanism. It looks at examples of local bodies, post offices and tele-centres having been used effectively. It also proposes a model of inclusive development, emphasising that inclusive economics leads to inclusive governance and vice-versa. The book provides a holistic view based on practitioners’ perspective and grassroots learning. A must read for all involved in inclusive development of India.

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