Economic Development in India : Problems and Prospects

Contents: Preface. I. Poverty, unemployment and migration: 1. Implications of the drain of wealth: a colonial experience in Nineteenth Century India/Khalid Ponmulathodi. 2. The problem of unemployment in India/Dattatray Sitaram Bagade. 3. Recent employment scenario in the informal sector/Anup K. Mishra, P.K. Sen, Santosh K. Singh and Raj Kishor Pandey. 4. New Economic order and its impact on changing pattern of employment/Sanjay Kumar Pandey. 5. Workers on the move: migrated labour in post-reform India/Rajarshi Majumder and Farhat Naaz. 6. UN Millennium declaration and Indian response to poverty/Javid Ahmad Dar. 7. Economic impact of migration from India: an overview/S. Shibinu. II. Sectoral and Regional Issues: 8. Household monthly per capita consumption expenditure (MPCE) in India/B. Sheshagiri. 9. Inter-linkages between agriculture and other sectors in India: a post reform scenario/Mandeep Singh and Kuldeep Kaur. 10. Food security in India: issues and challenges/Pooja Choudhary and Neeraj Kumar. 11. Projection of food security issues in India/H.R. Prajapati. 12. Food security on the basis of malnutrition created health issues/K. Baby. 13. Trend and pattern of female literacy rate in Karnataka state/P.T. Bharthi, K.L. Sowmyashree and K. Pradeep Kumar. 14. India-Pakistan trade relations: obstacles and opportunities/T. Najmudheen. 15. Performance of self-help groups on women: a case study/N.S. Mugadur. 16. Role, growth and development of self-help groups in India/E. Sulaiman. 17. Innovative practices in hawking/S. Narayana Rajan and V. Malaisoodumperumal. 18. Emerging innovation opportunities issues of green marketing in India/R. Rema. 19. Environmental externalities of agricultural development in India/Bilquees Azra and Azra Musavi. III. Economic reforms and its effects: 20. Economic reforms and inclusive growth/Shehroz Alam Rizvi and Jeegyasa. 21. Impact of economic reforms on Indian economy/Tasleem Araf. 22. Impacts of globalization on higher education/Ashwini H. Bidaralli. 23. Globalization and its effect on Indian education/Ismail Thamarasseri. 24. Rupee free fall: impact on Indian economy/C. Siva Murugan and O.Y. Shirly. 25. Recent developments in Indian banking sector/S.M. Jawed Akhtar and N.P. Abdul Azeez. 26. Volatility spillovers of rupee dollar and rupee-euro exchange rates on stock prices/I. Sahadudheen. 27. Indian economy and global financial crisis/M. Rajesh. 28. NRI remittance inflow to Kerala in the liberalization era/Teena Thomas P. and S. Harikumar. 29. Outlier phenomena of Kerala economy: the context of Reghuram Rajan Panel Report/Nisha Rapheal. 30. Community-wide approach and sustainability: a review drawing on South Asian experience/K. Vinod. Index. There is a long list of achievements, sufficient enough to be celebrated and to hope that the dream of great power status of India is now within the realization. India’s rise is attracting increasing interest among policy makers, academics, and above all, Indians themselves, who are proud to be part of a resurgent India. The country is making advancements in all spheres and a number of socio-economic sectors and poverty alleviation programmes have caught attention of developing nations. However, before one join in the chorus of celebration it might be desirable to take in to account of stock of poverty, unemployment and inequality and other development issues of our country. It recognizes India’s achievements but sees a tremendous potential that is yet to be unleashed. What is needed is an India-led process of coordination and integration of the different reforms, combining those in the economic and institutional regime with the many initiatives that are actually being undertaken in more functional areas, as covered in many Indian strategy reports. Consolidating and launching these can only be done through a domestic process of consultation, stakeholder awareness, and buy-in to get backing for the necessary reforms to implement the various actions needed to.…