Indian Economy In 1947

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  indian economy in 1947: The Indian Economy Matthew McCartney, 2019
  indian economy in 1947: The Republic of India Alan Gledhill, 2013
  indian economy in 1947: Economic Policy Reforms and the Indian Economy Anne O. Krueger, 2011-04-15 India is the second most populous country in the world and also one of the poorest. From the late 1940s to 1980, India's per capita income grew at an average annual rate of only two percent. Expansionist economic reforms during the 1980s boosted economic growth but also unfortunately resulted in high inflation and a balance of payments crisis. As a consequence, in 1991 the government announced sweeping new changes in economic policies. Economic Policy Reforms and the Indian Economy evaluates the effects of those changes and identifies areas of the Indian economy still in urgent need of reform. After an overview of Indian economic policies and development since independence, papers focus on the country's fiscal situation, the environment for private economic activity, education, the reservation of certain activities for small-scale industry, and determinants of differentials in rates of growth across the different Indian states. Contributors include respected academic specialists on India and policy reform, high-level Indian administrators, and present and past policymakers.
  indian economy in 1947: The Indian Economy, 1947-92: Population, poverty and employment Vinayak Mahadev Dandekar, 1994
  indian economy in 1947: Law and the Economy in a Young Democracy Tirthankar Roy, Anand V. Swamy, 2022-02-08 Tirthankar Roy and Anand V. Swamy trace India's economic growth since 1947 and the legal reforms that have allowed it to settle in, however unevenly and tenuously, in the shadow of the stagnating effects of colonial rule. Law and the Economy in a Young Democracy portrays a long shadow of Indian path dependence-the persistence of colonial-era legal practices and institutions-interrupted by a series of reactive, dramatic departures from colonial inertia aimed at achieving quick or corrective growth and regulation. Roy and Swamy address five principal questions: How have new laws emerged in India? Does the explanation lie with colonialism or with post-independence politics and economic change? How were laws shaped by egalitarian goals in the Indian democracy with its universal adult suffrage? When did laws constrain economic growth? And to what extent did case law and legislation affect the evolution of law, which was also shaped by politics and the quality of legal infrastructure? Each of these questions brings together different threads of India's economic transformation and social/political history, and the format allows the authors to go deep on the country's most important market sectors and their surrounding economic and political histories. These sections include: colonialist influences on laws governing land and natural resources; politics and labor; and the alternating stifling effects of the country's economic policies and legal systems. In Roy and Swamy's telling, inadequate legal infrastructure has often been the country's primary impediment to economic growth during the last century, and it remains a primary reason that India's future may not be as bright as advertised--
  indian economy in 1947: The Oxford Handbook of the Indian Economy Chetan Ghate, 2012-02-02 India's remarkable economic growth in recent years has made it one of the fastest growing economies in the world. Its rapid growth, however, has been accompanied by widening regional disparities, poverty, malnutrition, and socio-political instability. Understanding India's dualistic development process and the emergence of the Indian economic miracle are crucial in solving the obstacles India faces in transforming itself into a modern 21st-century economy. The Oxford Handbook of the Indian Economy features research on core topics by leading scholars to understand the Indian economic miracle and the key debates confronting the Indian economy. The Handbook moves beyond traditional boundaries by featuring areas of research that will be important in the future, setting an academic standard for current and future research on the Indian economy. The Handbook is divided into eight major sections featuring expert contributions on a host of issues. These range from India's historical development before and after 1947; tackling poverty through innovative public policy; industrialization; health, education, and the demographic transition; governance and institutional reform; macroeconomic policy reform; and India's interaction with the world economy. A final Looking Ahead chapter reflects upon an agenda for economic research in the 21st century. Ambitious in scope, diverse in its coverage of topics, and a rare unified and comprehensive treatment of India's complex and dynamic development process, The Oxford Handbook of the Indian Economy is a must-read for both researchers who are new to the field, as well as those who want to update and extend their knowledge to the frontier of the field.
  indian economy in 1947: India in Transition Jagdish N. Bhagwati, University Professor Senior Fellow in International Economics at the Council on Foreign Relations Jagdish N Bhagwati, 1993 Jagdish Bhagwati, one of the world's leading economists, offers a fascinating overview of the policies that produced India's sorry economic performance over a third of a century. His analysis puts into sharp focus the crippling effects of the inward-looking, bureaucratic regime that grew to Kafkaesque dimensions, starting in the early 1950s. It provides therefore a coherent and convincing rationale for the economic reforms begun in June 1991 by the new government of PrimeMinister Rao. These reforms, also discussed by Professor Bhagwati, are thus set into historical and analytical perspective. Written with wit and elegance, this text of the 1992 Radhakrishnan Lectures at Oxford is readily accessible to a wide readership.
  indian economy in 1947: The Cambridge Economic History of India: Volume 2, C.1757-c.1970 Dharma Kumar, Tapan Raychaudhuri, Irfan Habib, Meghnad Desai, 1983 Volume 2 of The Cambridge Economic History of India covers the period 1757-1970, from the establishment of British rule to its termination, with epilogues on the post-Independence period.
  indian economy in 1947: India's Political Economy Francine R. Frankel, 2006-11-30 This book addresses the fundamental paradox of India's political economy: how do we achieve the goals of increased economic growth and reduced economic and social disparities without causing social turmoil and dissent and carries forward the analyses to the second-generation reforms in the 21st century.
  indian economy in 1947: The Economy of Modern India B. R. Tomlinson, 2013-04-25 Rapid economic growth has put India at the centre of current debates about the future of the global economy. In this fully revised and updated text, B. R. Tomlinson provides a comprehensive and wide-ranging account of the Indian economy over the last 150 years. He sets arguments about growth, development and underdevelopment, and the impact of imperialism, against a detailed history of agriculture, trade and manufacture, and the relations between business, the economy and the state. The new edition extends the coverage right up to the present day, and explains how one of the largest countries in the world has sought to achieve economic progress and lasting development, despite institutional weaknesses, rigid structures of political and social hierarchy, and the legacy of colonialism.
  indian economy in 1947: The Indian Economy, 1947-92: Agriculture Vinayak Mahadev Dandekar, 1994-01-01
  indian economy in 1947: India in the World Economy Tirthankar Roy, 2012-06-18 This enthralling book offers a new approach to Indian economic history, placing trade and mercantile activity in the region within a global framework.
  indian economy in 1947: Indian Economy Since Independence Uma Kapila, 2013 Revised year after year, now into its 24th Edition, this unique book is widely accepted as the core text for graduate / post-graduate courses in Indian economy, in various universities across India. The book is essentially, a collection of select articles by some of India's topmost economists and experts.
  indian economy in 1947: A Technological History of Cold-War India, 1947–⁠1969 William A.T. Logan, 2021-11-01 This book provides a technological history of modern India, in particular the Nehruvian development in the context of the Cold War. Through a series of case studies about military modernization, transportation infrastructure, and electric power, it examines how the ideals of autarky and technological indigenization conflicted with the economic and political realities of the Cold War world. Where other studies tend to focus on the political leaders and economists who oversaw development, this book demonstrates how the perspective of the engineers, government bureaucrats, and aid workers informed and ultimately implemented development.
  indian economy in 1947: India Unbound Gurcharan Das, 2001-06-27 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.
  indian economy in 1947: Law and the Economy in Colonial India Tirthankar Roy, Anand V. Swamy, 2016-09-20 Since the economic reforms of the 1990s, India’s economy has grown rapidly. To sustain growth and foreign investment over the long run requires a well-developed legal infrastructure for conducting business, including cheap and reliable contract enforcement and secure property rights. But it’s widely acknowledged that India’s legal infrastructure is in urgent need of reform, plagued by problems, including slow enforcement of contracts and land laws that differ from state to state. How has this situation arisen, and what can boost business confidence and encourage long-run economic growth? Tirthankar Roy and Anand V. Swamy trace the beginnings of the current Indian legal system to the years of British colonial rule. They show how India inherited an elaborate legal system from the British colonial administration, which incorporated elements from both British Common Law and indigenous institutions. In the case of property law, especially as it applied to agricultural land, indigenous laws and local political expediency were more influential in law-making than concepts borrowed from European legal theory. Conversely, with commercial law, there was considerable borrowing from Europe. In all cases, the British struggled with limited capacity to enforce their laws and an insufficient knowledge of the enormous diversity and differentiation within Indian society. A disorderly body of laws, not conducive to production and trade, evolved over time. Roy and Swamy’s careful analysis not only sheds new light on the development of legal institutions in India, but also offers insights for India and other emerging countries through a look at what fosters the types of institutions that are key to economic growth.
  indian economy in 1947: The Global World of Indian Merchants, 1750–1947 Claude Markovits, 2000-06-22 Claude Markovits tells the story of two groups of Hindu merchants from the towns of Shikarpur and Hyderabad in the province of Sind. Basing his account on previously neglected archival sources, the author charts the development of these communities, from the pre-colonial period through colonial conquest and up to independence, describing how they came to control trading networks throughout the world. While the book focuses on the trade of goods, money and information from Sind to the widely dispersed locations of Kobe, Panama, Bukhara and Cairo, it also throws light on the nature of trading diasporas from South Asia in their interaction with the global economy. This is a sophisticated and accessible book, written by one of the most distinguished economic historians in the field. It will appeal to scholars of South Asia, as well as to colonial historians and to students of religion.
  indian economy in 1947: India - The Political Economy of Growth, Stagnation and the State, 1951-2007 Matthew McCartney, 2009 Understanding the drivers and inhibitors of economic growth is critical for promoting development in less developed countries, including India. This book examines economic growth in India from 1951 to the present, challenging many accepted orthodox views.
  indian economy in 1947: Industrial Policy and Economic Development in India Anup Chatterjee, 2012 India's development pattern during 1950-80 was characterised by strong centralised planning, Government ownership of basic and key industries, excessive regulation and control of private enterprise, trade protectionism -- through tariff and non-tariff barriers -- and a cautious and selective approach towards foreign capital. It was a quota, permit and license regime guided and controlled by a bureaucracy trained in colonial style. This so-called inward-looking, import substitution strategy of economic development began to be widely questioned with the beginning of 1980s. Policy makers started realising the drawbacks of this strategy which inhibited competitiveness and efficiency and produced a much lower rate of growth than expected. Tilt towards economic liberalisation started in 1985 when Government announced a series of measures aimed at deregulation and liberalisation of industry. These measures, described as New Economic Policy, were followed by drastic changes introduced by the 1991 Industrial Policy Statement of the Government. As a result of economic reforms of the last 20 years, India is presently one of worlds fastest growing economies. In the last few years, it has emerged as a global economic power, the leading outsourcing destination and a favourite of international investors. Indian industry has upgraded technology and product quality to a significant degree and met the challenge of openness after being protected for so long. The Approach Paper to the Twelfth Five Year Plan (2012-13 to 2016-17) released by the Planning Commission, Government of India in October 2011 expressed concern at the slow growth of the manufacturing sector and emphasised the need to sharply change the growth trajectory of Indias manufacturing sector by adopting a holistic appraisal of what needs to be done to improve its competitiveness. This book contains 15 chapters which trace developments in different aspects of industrialisation during the post-Independence period, explain the key reform measures undertaken for making Indian industry internationally competitive and examine current issues pertaining to this vital sector of the Indian economy. The book also contains the following 5 appendices: Appendix 1: Industrial Policy Resolution, 1956. Appendix 2: Statement on Industrial Policy, July 24, 1991. Appendix 3: Year-wise Review of Industrial Developments in India: 1947-48 to 2011-12. Appendix 4: Edited Extracts from Indias Five Year Plans on Industry (I to XII Plan). Appendix 5: Glossary of Industrial Terms.
  indian economy in 1947: Reset Subramanian Swamy, 2019
  indian economy in 1947: India's Economy Raj Kapila, Uma Kapila, 2006 Featuring 20 articles from leading economic development experts, this collection provides rare insight into the challenges facing India following the country's entry into the world economy. From growth, poverty, and reform to globalization and sectoral developments, the essays address potential problems but coalesce to form an optimistic picture of India's future. A potential root of the nation's current problems--tardy or incomplete policy implementation--is also discussed.
  indian economy in 1947: India's Long Road Vijay Joshi, 2017-02-15 India's economic resurgence has been the subject of many extravagant predictions and hopes. In this powerful and wide-ranging book, distinguished economist Vijay Joshi lays out a penetrating analysis of the shaky foundations of the country's performance, and charts the course that it should follow to achieve widely-shared prosperity. Joshi argues that for India to realize its huge potential, the relation between the state, the market, and the private sector must be comprehensively realigned. Deeper liberalization and more extensive privatisation will be necessary. But they will not suffice to achieve India's economic objectives. The state needs to perform much more effectively many core tasks that belong squarely in its domain. India needs more of the market as well as more of the state. The road India takes will matter not only for the lives of its billion-plus people but also for the course of global economics and politics. In the course of his enquiry, Joshi examines in depth all the critical areas of Indian development policy, including employment and the 'demographic bulge'; investment and productivity; the markets for goods, resources, and finance; macroeconomic stability; public sector banks and enterprises; the infrastructure deficit; social protection and safety nets; education and health care; environmental sustainability; international economic relations; state capacity and accountability; and corruption and crony capitalism. His design for radical reform incorporates a fiscally affordable scheme to provide a regular 'basic income' for all citizens that would speedily abolish extreme poverty. An authoritative work of tremendous scope and depth, India's Long Road will be an essential resource for anyone who wants to know where India is today, where it is headed, and what it should do to attain its ambitions.
  indian economy in 1947: The Economy of Modern India, 1860-1970 B. R. Tomlinson, 1993-05-06 This is the first comprehensive and interpretative account of the history of economic growth and change in colonial and post-colonial India. Dr. Tomlinson draws together and expands on the specialist literature dealing with imperialism, development and underdevelopment, the historical processes of change in agriculture, trade and manufacture, and the relations among business, the economy and the state. What emerges is a picture of an economy in which some output growth and technical change occurred both before and after 1947, but in which a broadly based process of development has been constrained by structural and market imperfections. Tomlinson argues that India has thus had an underdeveloped economy, with weak market structures and underdeveloped institutions, which has since 1860 profoundly influenced the social, political and ecological history of South Asia.
  indian economy in 1947: Politics and the English Language George Orwell, 2025 In Politics and the English Language, George Orwell dissects the decay of language and its insidious link to political manipulation. With sharp analysis and clear examples, he exposes how vague, pretentious, and misleading language is used to obscure truth and control thought. More than a critique, this essay is a call to clarity, urging writers to resist jargon and dishonesty in favor of precision and honesty. A timeless and essential read, Orwell’s insights remain as relevant today as when they were first written. GEORGE ORWELL was born in India in 1903 and passed away in London in 1950. As a journalist, critic, and author, he was a sharp commentator on his era and its political conditions and consequences.
  indian economy in 1947: India Transformed Rakesh Mohan, 2018-09-25 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.
  indian economy in 1947: Growth, Sustainability, and India's Economic Reforms T.N. Srinivasan, 2011-07-27 This book includes insightful lectures by eminent economist T.N. Srinivasan on the origins, rationale, and outcomes of India's economic reforms. The book will be invaluable for students and teachers of macroeconomics, Indian economy, development economics, and finance.
  indian economy in 1947: Indian Economy Bimal Jalan, 2004-09-22 The Indian Economy: Problems and Prospects, first published in 1992, looks at the country's economy and the resolved fiscal crisis from a historical perspective. Edited and updated with a new Introduction by Bimal Jalan, the book retains the thirteen essays written by eminent economic thinkers in 1991 and 1992 in their original form as they provide a comprehensive overview of India's economic development since Independence and answer questions on key economic issues that are as relevant today as they were at that time. Bipan Chandra conducts a historical survey of fiscal developments during the colonial period, the late V.M. Dandekar evaluates India's economic performance from 1950 to 1990, and Rakesh Mohan traces the history of industrial controls from the pre-independence era. Also included are essays by C.H. Hanumantha Rao, C. Rangarajan and Narendra Jadhav, Raja Chelliah, Sudipto Mundle and M. Govinda Rao, Jyoti and Kirit Parikh, Pravin Visaria, T.S. Papola, Pranab Bardhan and Kaushik Basu. In his revised Introduction, Bimal Jalan assesses the country's economic progress since 1991, examines crucial events and their relative significance. Exploring diverse aspects of the Indian economy as well as the political, institutional and legal implications of economic reforms, these insightful and revelatory essays will be of enormous interest to experts and the general reader alike.
  indian economy in 1947: India's Economic Reforms, 1991-2001 Vijay Joshi, I. M. D Little, 1996-09-26 India is the world's largest democracy, and second-largest developing country. For forty years it has also been one of the most dirigiste and autarkic. The 1980s saw most developing and erstwhile communist countries opt for market economic systems. India belatedly initiated similar reforms in 1991. This book evaluates the progress of those reforms, covering all of the major areas of policy; stabilization, taxation and trade, domestic and external finance, agriculture, industry, the social sectors, and poverty alleviation. Will India realize its great potential by freeing itself from the self-imposed constraints that have hindered its development? This is the important and fascinating question considered by this book.
  indian economy in 1947: The Indian Economy 1947-92 , 1994
  indian economy in 1947: India's Political Economy, 1947-1977 Francine R. Frankel, 2020-08-20 The Description for this book, India's Political Economy, 1947-1977: The Gradual Revolution, will be forthcoming.
  indian economy in 1947: Economic History of India N. Jayapalan, 2008-04 For a proper understanding of India s economy as we find today with its fast development, a study of its past economic conditions is necessary. India s economic history spans nearly 5000 years and dates back to Indus Valley Civilisation the two prominent cities of which Mohanjodaro and Harappa were big industrial centres having trade relations with West Asia and other parts of the world. Several sources provide us valuable information about the economic condition of the people of India at various stages of history. From Vedic literature we get a detailed description of the economic life of the Aryans. The Buddhist literature, particularly Jatakas and Tripitaka give us a glimpse of the economic condition of India from 650 to 321 B.C. when every village was a self-sufficient unit. Kautilya s Arthasastra, Magasthenes Indica and Vishakhadatta s Mudrarakshasa give detailed description of the economic systems of the Mauryan period. The accounts of Chinese travellers Fa-hien and It-sing are remarkable evidences of the socio-economic life in Gupta period. Historians like Manucci tell us about the economic reforms undertaken during Mughal rule in India. The British who carved out their empire in India in the 17th century, drained India of its wealth, destroyed the self-sufficient character of villages, increased agricultural indebtedness, and gave rise to a capitalist class in India with the growth of new urban centres. After the achievement of independence in 1947 started the process of nation-building through economic planning. With the liberalisation of Indian economy in the 1990s, the country has been put on a high growth path and is making fast economic progress. The book captures the salient features of India s economic history in chronological order. It will fulfil the needs of students and teachers of this subject and prove immensely useful to the aspirants of Civil Services and other competitive examinations.
  indian economy in 1947: Economic Institutions in India Parthasarathi Banerjee, Frank-Jürgen Richter, 2003 Since independence in 1947 the Indian economy has been undergoing a process of continuous evolution. Globalization and liberalization have highlighted complex managerial concerns for economic institutions in India. Previous studies have focussed on the financial sector, trade and development and structural adjustment. This book concentrates on these common concerns while advising that the sustainability of economic institutions under globalization and liberalization will be determined only by reconciliation between the state and the free market.
  indian economy in 1947: The Oxford Handbook of the Indian Economy Chetan Ghate, 2012-03-13 India's remarkable economic growth in recent years has made it one of the fastest growing economies in the world. Its rapid growth, however, has been accompanied by widening regional disparities, poverty, malnutrition, and socio-political instability. Understanding India's dualistic development process and the emergence of the Indian economic miracle are crucial in solving the obstacles India faces in transforming itself into a modern 21st-century economy.The Oxford Handbook of the Indian Economy features research on core topics by leading scholars to understand the Indian economic miracle and the key debates confronting the Indian economy. The Handbook moves beyond traditional boundaries by featuring areas of research that will be important in the future, setting an academic standard for current and future research on the Indian economy. The Handbook is divided into eight major sections featuring expert contributions on a host of issues. These range from India's historical development before and after 1947; tackling poverty through innovative public policy; industrialization; health, education, and the demographic transition; governance and institutional reform; macroeconomic policy reform; and India's interaction with the world economy. A final Looking Ahead chapter reflects upon an agenda for economic research in the 21st century.Ambitious in scope, diverse in its coverage of topics, and a rare unified and comprehensive treatment of India's complex and dynamic development process, The Oxford Handbook of the Indian Economy is a must-read for both researchers who are new to the field, as well as those who want to update and extend their knowledge to the frontier of the field.
  indian economy in 1947: The Indian Economy @ 75 Chatterjee Biswajit, Joydeb Sasmal, 2024-06-11 This book focuses on the economic challenges India has been facing since its independence in 1947. It traces the country’s journey of economic transition and critically analyzes themes such as the political economy of development, agriculture, macroeconomy, industry and labor, money and finance, trade liberalization, gender, welfare, energy, and the environment. The volume also addresses the issues of increasing income inequality, mass unemployment, and environmental degradation and suggests policies for efficient and desirable outcomes in socio-economic development. This is an important and timely contribution that it will be of interest to scholars and researchers in economics, development studies, political economy, management studies, public policy, and political studies. It will also be useful to policymakers.
  indian economy in 1947: The Economic History of India, 1857-2010 TIRTHANKAR. ROY, Tirthankar (Professor Roy, Professor London School of Economics), 2020-09-10 From the end of the eighteenth century, two distinct global processes began to transform livelihoods and living conditions in the South Asia region. These were the rise of British colonial rule and globalization, that is, the integration of the region in the emerging world markets for goods, capital, and labour services. Two hundred years later, India was the home to many of the world's poorest people as well as one of the fastest growing market economies in theworld. Does a study of the past help to explain the paradox of growth amidst poverty? The Economic History of India: 1857-2010 claims that the roots of this paradox go back to India's colonial past, when internal factors like geography and external forces like globalization and imperial rule createdprosperity in some areas and poverty in others.
  indian economy in 1947: An Uncertain Glory Jean Dreze, Amartyá Sen, 2020-01-02 'Magnificent ... a major work by two of the world's most perceptive and intelligent India-watchers writing today' William Dalrymple, New Statesman From two of India's leading economists, Jean Drèze and Nobel Prize-winner Amartya Sen, An Uncertain Glory is a passionate, considered argument for the need for a greater understanding of inequalities in India. When India regained independence from colonial rule in 1947, it immediately adopted a firmly democratic political system, with multiple parties, freedom of speech and extensive political rights. The famines of the British era disappeared, and steady economic growth replaced stagnation, accelerating further over the last three decades to make India's growth the second fastest among large economies. Despite a recent dip, it is still one of the highest in the world. Maintaining rapid yet environmentally sustainable growth remains an important and achieveable goal for India. Drèze and Sen argue that the country's main problems lie in the disregarding of the essential needs of the people. There have been major failures both to foster participatory growth and to make good use of the public resources generated by economic growth to enhance people's living conditions; social and physical services remain inadequate, from schooling and medical care to safe water, electricity, and sanitation. In the long run, even high economic growth is threatened by the underdevelopment of infrastructure and the neglect of human capabilities, in contrast with the holistic approach pioneered by Japan, South Korea and China. In a democracy, addressing these failures requires not only significant policy change, but also a clearer public understanding of the abysmal extent of deprivation in the country. Yet public discussion in India tends to be constricted to the lives and concerns of the relatively affluent. This book presents a powerful analysis not only of India's deprivations and inequalities, but also of the restraints on addressing them - and of the possibility of change through democratic practice.
  indian economy in 1947: The Population Bomb Paul R. Ehrlich, 1971
  indian economy in 1947: India's New Middle Class Leela Fernandes, 2006 Today India's middle class numbers more than 250 million people and is growing rapidly. Public reports have focused mainly on the emerging group's consumer potential, while global views of India's new economy range from excitement about market prospects to anxieties over outsourcing of service sector jobs. Yet the consequences of India's economic liberalization and the expansion of the middle class have transformed Indian culture and politics. In India's New Middle Class, Leela Fernandes digs into the implications of this growth and uncovers--in the media, in electoral politics, and on the streets of urban neighborhoods--the complex politics of caste, religion, and gender that shape this rising population. Using rich ethnographic data, she reveals how the middle class represents the political construction of a social group and how it operates as a proponent of economic democratization. Delineating the tension between consumer culture and outsourcing, Fernandes also examines the roots of India's middle class and its employment patterns, including shifting skill sets and labor market restructuring. Through this close look at the country's recent history and reforms, Fernandes develops an original theoretical approach to the nature of politics and class formation in an era of globalization.In this sophisticated analysis of the dynamics of an economic and political group in the making, Fernandes moves beyond reductionist images of India's new middle class to bring to light the group's social complexity and profound influence on politics in India and beyond.Leela Fernandes is associate professor of political science at Rutgers University, New Brunswick.
  indian economy in 1947: The Sterling Assets of the Reserve Bank of India Bellikoth Raghunath Shenoy, Indian Council of World Affairs, 1946
  indian economy in 1947: Political Economy of Development and Environment in Modern India Velayutham Saravanan, 2023-04-24 This book captures the complexities of both development and environment, from the political economy point of view, to offer a broad economic and environmental history of post-independence India. It analyses the various components of constitutional provisions, policies, programmes and ecology protection measures during the post-independence period, that is, 1947–2020. The author also investigates India’s land and forest policies of the 21st century: Fair Compensation of Land Acquisition, Rehabilitation and Resettlement Act 2013 and the Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act 2006, which pose a great threat to ecology and the environment. The volume argues how, on one hand, the development agenda has undermined the environmental components for the first three decades of independence and, on the other hand, how the popular vote bank politics further has aggravated the issues related to environment in India. This book is an essential interdisciplinary resource for scholars and researchers of history, economic history, environmental studies, environmental history, Indian history and development studies.
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