The Changing Face of Indian Economy

The Changing Face of Indian Economy PDF Author: Jithin Dhawan
Publisher: Atlantic Publishers & Dist
ISBN: 9788126907670
Category : India
Languages : en
Pages : 416

Get Book

Book Description
The Indian Economy Is Undoubtedly On The Fulcrum Of An Ever-Increasing Growth Curve. Long Criticised For Nurturing An Inward Looking Economy, The Country S Impressive Gdp Growth Of 9.2 Per Cent During The Financial Year 2006 07 And 8.4 Per Cent In 2005-06 Has Led The Experts Of Globalisation Forecast That By The Next Thirty Years India S Economy Could Be Larger Than All But Those Of The United States And China. Thus, India Has Not Only Been Able To Discard Its Image As The Tortoise Of The Region But Has Also Presented Itself To The World As An Economic Powerhouse. The Initiatives Taken In The Early 1990S Continue To Bring The Rewards And Have Enabled India To Become The Fourth Largest Gdp In The World In Terms Of Purchasing Power. Today, The Young Generation Has The Potential To Absorb And Master New Technologies. The Country Has A Healthy Regulatory Environment And Strong Financial System. Owing To Its Better Returns On Investments, It Has Been Able To Attract A Large Number Of Foreign Investors. Mncs Are Today Looking For Low-Cost Manufacturing Bases, And India Is Seen As Their Favourite Choice. It Has Been Estimated By The Eminent Economists That India May Emerge As One Of The Three Top Engineering Goods Exporters Among Low- Cost Offshore Manufacturers With An Export Target Of $ 250-300 Billion By 2015. Likewise, It Is Becoming A Major Force In Complex, High-End And High Margin Information Technology Services.Today, There Is An Increasing Willingness Internationally To Work With India And Build Relationships For Mutual Benefit In Different Fields Automobile, Pharmaceuticals, Tourism, Electronics & Communications, To Name A Few. No Wonder There Are Many Who Believe That The Future Belongs To India. It Is Not To Say That The Country Has An Easy Ride Ahead. Its First Challenge Is To Broad-Base Growth. According To World Bank Data, A Considerably Large Proportion Of India S Population Earns Less Than $ 2 A Day. Furthermore, The Problems Of Illiteracy, Lack Of Health Care And Unemployment Are Still Acute, Which Indicate That India Is Long Way Away From Prosperity. The Changing Face Of Indian Economy Thus Needs To Be Looked Into From Several Sides. The Present Book Is A Modest Effort In This Direction. It Makes An Analytic Study Of India S Progress Since Independence Of The Country And Focuses On The Policies And Initiatives Taken As Yet. It Aims At Acquainting Readers With The Economic Scenario Of India In Its True Spirit.It Is Hoped That The Book Will Prove An Ideal Reference Book For Students, Researchers And Teachers Of Economics. Even The General Readers Interested In The Present State Of Indian Economy And Its Progress Will Find It Valuable And Informative.

The Changing Face of Indian Economy

The Changing Face of Indian Economy PDF Author: Jithin Dhawan
Publisher: Atlantic Publishers & Dist
ISBN: 9788126907670
Category : India
Languages : en
Pages : 416

Get Book

Book Description
The Indian Economy Is Undoubtedly On The Fulcrum Of An Ever-Increasing Growth Curve. Long Criticised For Nurturing An Inward Looking Economy, The Country S Impressive Gdp Growth Of 9.2 Per Cent During The Financial Year 2006 07 And 8.4 Per Cent In 2005-06 Has Led The Experts Of Globalisation Forecast That By The Next Thirty Years India S Economy Could Be Larger Than All But Those Of The United States And China. Thus, India Has Not Only Been Able To Discard Its Image As The Tortoise Of The Region But Has Also Presented Itself To The World As An Economic Powerhouse. The Initiatives Taken In The Early 1990S Continue To Bring The Rewards And Have Enabled India To Become The Fourth Largest Gdp In The World In Terms Of Purchasing Power. Today, The Young Generation Has The Potential To Absorb And Master New Technologies. The Country Has A Healthy Regulatory Environment And Strong Financial System. Owing To Its Better Returns On Investments, It Has Been Able To Attract A Large Number Of Foreign Investors. Mncs Are Today Looking For Low-Cost Manufacturing Bases, And India Is Seen As Their Favourite Choice. It Has Been Estimated By The Eminent Economists That India May Emerge As One Of The Three Top Engineering Goods Exporters Among Low- Cost Offshore Manufacturers With An Export Target Of $ 250-300 Billion By 2015. Likewise, It Is Becoming A Major Force In Complex, High-End And High Margin Information Technology Services.Today, There Is An Increasing Willingness Internationally To Work With India And Build Relationships For Mutual Benefit In Different Fields Automobile, Pharmaceuticals, Tourism, Electronics & Communications, To Name A Few. No Wonder There Are Many Who Believe That The Future Belongs To India. It Is Not To Say That The Country Has An Easy Ride Ahead. Its First Challenge Is To Broad-Base Growth. According To World Bank Data, A Considerably Large Proportion Of India S Population Earns Less Than $ 2 A Day. Furthermore, The Problems Of Illiteracy, Lack Of Health Care And Unemployment Are Still Acute, Which Indicate That India Is Long Way Away From Prosperity. The Changing Face Of Indian Economy Thus Needs To Be Looked Into From Several Sides. The Present Book Is A Modest Effort In This Direction. It Makes An Analytic Study Of India S Progress Since Independence Of The Country And Focuses On The Policies And Initiatives Taken As Yet. It Aims At Acquainting Readers With The Economic Scenario Of India In Its True Spirit.It Is Hoped That The Book Will Prove An Ideal Reference Book For Students, Researchers And Teachers Of Economics. Even The General Readers Interested In The Present State Of Indian Economy And Its Progress Will Find It Valuable And Informative.

Our Time Has Come

Our Time Has Come PDF Author: Alyssa Ayres
Publisher: Oxford University Press
ISBN: 0190494522
Category : Political Science
Languages : en
Pages : 361

Get Book

Book Description
Long plagued by poverty, India's recent economic growth has vaulted it into the ranks of the world's emerging powers-but what kind of power it wants to be remains a mystery. Cautious Superpower explains why India behaves the way it does, and the role it is likely to play globally as its prominence grows. --

India

India PDF Author: Arvind Panagariya
Publisher: Oxford University Press
ISBN: 0195315030
Category : Business & Economics
Languages : en
Pages : 546

Get Book

Book Description
The subject of India's rapid growth in the past two decades has become a prominent focus in the public eye. A book that documents this unique and unprecedented surge, and addresses the issues raised by it, is sorely needed. Arvind Panagariya fills that gap with this sweeping, ambitious survey. India: The Emerging Giant comprehensively describes and analyzes India's economic development since its independence, as well as its prospects for the future. The author argues that India's growth experience since its independence is unique among developing countries and can be divided into four periods, each of which is marked by distinctive characteristics: the post-independence period, marked by liberal policies with regard to foreign trade and investment, the socialist period during which Indira Ghandi and her son blocked liberalization and industrial development, a period of stealthy liberalization, and the most recent, openly liberal period. Against this historical background, Panagariya addresses today's poverty and inequality, macroeconomic policies, microeconomic policies, and issues that bear upon India's previous growth experience and future growth prospects. These provide important insights and suggestions for reform that should change much of the current thinking on the current state of the Indian economy. India: The Emerging Giant will attract a wide variety of readers, including academic economists, policy makers, and research staff in national governments and international institutions. It should also serve as a core text in undergraduate and graduate courses that deal with Indias economic development and policies.

Law and the Economy in a Young Democracy

Law and the Economy in a Young Democracy PDF Author: Tirthankar Roy
Publisher: University of Chicago Press
ISBN: 022679914X
Category : Business & Economics
Languages : en
Pages : 309

Get Book

Book Description
An essential history of India's economic growth since 1947, including the legal reforms that have shaped the country in the shadow of colonial rule. Economists have long lamented how the inefficiency of India's legal system undermines the country’s economic capacity. How has this come to be? The prevailing explanation is that the postcolonial legal system is understaffed and under-resourced, making adjudication and contract enforcement slow and costly. Taking this as given, Law and the Economy in a Young Democracy examines the contents and historical antecedents of these laws, including how they have stifled economic development. Economists Roy and Swamy argue that legal evolution in independent India has been shaped by three factors: the desire to reduce inequality and poverty; the suspicion that market activity, both domestic and international, can be detrimental to these goals; and the strengthening of Indian democracy over time, giving voice to a growing fraction of society, including the poor. Weaving the story of India's heralded economic transformation with its social and political history, Roy and Swamy show how inadequate legal infrastructure has been a key impediment to the country's economic growth during the last century. A stirring and authoritative history of a nation rife with contradictions, Law and the Economy in a Young Democracy is essential reading for anyone seeking to understand India's current crossroads—and the factors that may keep its dreams unrealized.

THE CHANGING FACE OF INDIA

THE CHANGING FACE OF INDIA PDF Author: Ishrat Umar
Publisher: Blue Rose Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 265

Get Book

Book Description
"Various political dispensations have always claimed entitlement over India and her people on the back of electoral mandate over the past several decades since India attained Independence. However India has been denied its rightful place in the comity of Nations when measured on the critical index of human, economic & social development. This book is a vivid account of the progress made by India under the watch of various political parties & questions the glaring loopholes in our development story which they have left behind for the future generations to fill."

The Changing Face of Imperialism

The Changing Face of Imperialism PDF Author: Sunanda Sen
Publisher: Taylor & Francis
ISBN: 1351184806
Category : Social Science
Languages : en
Pages : 338

Get Book

Book Description
This volume reiterates the relevance of imperialism in the present, as a continuous arrangement, from the early years of empire-colonies to the prevailing pattern of expropriation across the globe. While imperialism as an arrangement of exploitation has sustained over ages, measures deployed to achieve the goals have gone through variations, depending on the network of the prevailing power structure. Providing a historical as well as a conceptual account of imperialism in its ‘classical’ context, this collection brings to the fore an underlying unity which runs across the diverse pattern of imperialist order over time. Dealing with theory, the past and the contemporary, the study concludes by delving into the current conjuncture in Latin America, the United States and Asia. The Changing Face of Imperialism will provide fresh ideas for future research into the shifting patterns of expropriation – spanning the early years of sea-borne plunder and the empire-colonies of nineteenth-century to contemporary capitalism, which is rooted in neoliberalism, globalization and free market ideology. With contributions from major experts in the field, this book will be a significant intervention. It will be of interest to scholars and researchers of economics, politics, sociology and history, especially those dealing with imperial history and colonialism.

India Transformed

India Transformed PDF Author: Rakesh Mohan
Publisher: Brookings Institution Press
ISBN: 0815736622
Category : Business & Economics
Languages : en
Pages : 522

Get Book

Book Description
In this commemorative volume, India's top business leaders and economic luminaries come together to provide a balanced picture of the consequences of the country’s economic reforms, which were initiated in 1991. What were the reforms? What were they intended for? How have they affected the overall functioning of the economy? With contributions from Mukesh Ambani, Narayana Murthy, Sunil Mittal, Kiran Mazumdar-Shaw, Shivshankar Menon, Montek Singh Ahluwalia, T.N. Ninan, Sanjaya Baru, Naushad Forbes, Omkar Goswami and R. Gopalakrishnan, India Transformed delves deep into the life of an economically liberalized India through the eyes of the people who helped transform it.

IUP Series on Changing Face of Indian Agriculture

IUP Series on Changing Face of Indian Agriculture PDF Author: Anusri Mallik
Publisher:
ISBN: 9788131417430
Category : Agricultural credit
Languages : en
Pages : 244

Get Book

Book Description
Being the predominant sector of the Indian economy and the multidimensional linkages it has with other sectors of the economy, the growth rate of agricultural sector definitely generates impact on all other sectors of the economy. It will continue to play

India Unbound

India Unbound PDF Author: Gurcharan Das
Publisher: Anchor
ISBN: 0385720742
Category : History
Languages : en
Pages : 434

Get Book

Book Description
India today is a vibrant free-market democracy, a nation well on its way to overcoming decades of widespread poverty. The nation’s rise is one of the great international stories of the late twentieth century, and in India Unbound the acclaimed columnist Gurcharan Das offers a sweeping economic history of India from independence to the new millennium. Das shows how India’s policies after 1947 condemned the nation to a hobbled economy until 1991, when the government instituted sweeping reforms that paved the way for extraordinary growth. Das traces these developments and tells the stories of the major players from Nehru through today. As the former CEO of Proctor & Gamble India, Das offers a unique insider’s perspective and he deftly interweaves memoir with history, creating a book that is at once vigorously analytical and vividly written. Impassioned, erudite, and eminently readable, India Unbound is a must for anyone interested in the global economy and its future.

Globalization and the Indian Economy

Globalization and the Indian Economy PDF Author: Satyendra S. Nayak
Publisher: Routledge
ISBN: 1134062613
Category : Business & Economics
Languages : en
Pages : 272

Get Book

Book Description
This book examines the impact of globalization on the Indian economy, exploring the trade, investment and financial aspects of globalization, and also considering its implications for the balance of payments and currency exchange rate. The first part of the book deals with the evolution of the philosophy of globalization and its impact on exchange rates, global liquidity, currency markets, and global trade and payments. It highlights the catalytic role played by the US in driving the globalization process, and provides detailed analysis of the evolution of the international monetary system to illustrate current processes of globalization. Furthermore, a critical discussion of the Asian financial crisis of 1997 is presented as well as the lessons that have emerged from the crisis. The Indian economic experience and its own policy of dealing with globalization is the focus of second part of the book. The author examines the genesis of economic reforms and liberalization in India. The success of the Indian policy of gradualism is discussed in the context of the Asian crisis, and the reasons as to why India averted a similar crisis are explored. Finally, the author examines whether the Indian currency, the rupee, can be made fully convertible. This book makes a valuable contribution to the literature on globalization and development and should be of interest to academics interested in the global economy, international finance, international development and also to academics with an interest in South Asian Studies.