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Basic Issues in Economic Development

The document discusses issues related to economic development in India such as human development, the environment, poverty, employment, and population growth. It covers India's economic performance at independence and the policies of planning and economic reform. Key topics include the evolution of planning in India, sectoral growth patterns, land and industrial reforms, unemployment, and challenges of achieving faster and more inclusive development.
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0% found this document useful (0 votes)
41 views

Basic Issues in Economic Development

The document discusses issues related to economic development in India such as human development, the environment, poverty, employment, and population growth. It covers India's economic performance at independence and the policies of planning and economic reform. Key topics include the evolution of planning in India, sectoral growth patterns, land and industrial reforms, unemployment, and challenges of achieving faster and more inclusive development.
Copyright
© © All Rights Reserved
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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CONTENTS

Preface 23

SECTION - I

Basic Issues in Economic Development

1. Economic Development and

Under Development 27

- Introduction

- What does Development Mean

- Economic Growth and Economic Development

The New View of Economic Development

 Development as a Multi-dimensional Process

 Three Core Values of Development

- Development, Freedom and Opportunities

- Human Development

 Sustainable Human Development ·

 What Makes Development Unsustainable?

 Policy for Sustainable Development - Human Development Index

- Progress and Setbacks in Human Development

 Advances in Human Development-A Global Snapshot

 The Lirnirs co Human Devcloprnenr

 The End of Convergence?

 India-A Globalisation Success Story with a Mixed Record on Human Development

- National Human Development Report - 2001 • Indicators

- State of Human Development in India • State Level

... Contd ....


10

Indian Economy: Performance and Policies

... Contd ....

2. The Environment and Development 46

- Introduction

The Basic Issues

 Sustainable Development and Environmental Accounting

 Population, Resources, and the Environment

 Poverty and Environment

 Growth versus the Environment

 Rural Development and the Environment

 Urban Development and the Environment

 The Global Environment Consequences of Environmental Damage The Indian Case

• Consequences of Environmental Plunder - Public Policy

SECTION - II

Indian Economy at Independence

3. India's Economy at Independence 57

- Introduction

The Relative Importance of Various Industrial Activities • Composition of National Income

The Working Force

The Agrarian Scene

 Stagnating Agriculture

 Causes

- India's Industrial Production and its Structure

 India's Industrial Resources

 The Decline of Traditional Industry and the Development of Modern Industry

 Some other Economic Indicators of Economic Backwardness - Some Positive Features


Contents in Detail

11

SECTION - III Policy Regimes

4. Planning in India: Development

Strategy and Role of State 70

- Evolution of Planning

- Structural Constraints and the Development Strategy

- Role of the State as Visualised in the Fifties

- Evolution of Strategy and Priorities

- Changing Perceptions

The Role of Planning

• Redefining the Role of State

The Government, the State and the Market - Cooperative Action

5. Economic Reform and Liberalisation 88

- Debate on Liberalisation

Economic Reform

 The Background

 The Macroeconomic Crisis

 Rationale for the Reforms

 Macroeconomic Reforms

 Structural Reforms

- Implementation of the Agenda

- Removal of QRs

- National Structural Adjustment Programme

- Safety Net
 Macroeconomic Impact of Reforms

 Fiscal Adjustment and Stabilisation

 Political Resistance to Reform

 Concerns Regarding Social and Political Implications of Reform

 Impact of the New Economic Policy on the Vulnerable Sections

 Conclusion

- The Next Round of Reforms

SECTION -IV

Growth, Development and Structural Change

6. India's Growth Experience 115

- The Performance

- Two Phases of Growth

- Assessment of Performance

- Causal Factors

- What Next?

- Sectoral Composition of Real GDP

- Inter-regional Disparities in Growth and Development

 Implications of Inter-state Inequality

 Sectoral Composition of Growth

 Causal Factors - Investment

a Planning and Public Investment a Private Investment

- Technical Change

- Institutions and Governance

The Way Ahead - Conclusion

7. Institutional Reforms for


Agricultural Growth 137

- Land Systems at the Time of Independence

• Feudal Agrarian Structure

- Policies for Restructuring Agrarian Relations

 Economic Arguments in Favour of Land Reform

 Abolition of Intermediaries

 Ceiling on Land Holdings

 Tenancy Reforms

 Consolidation of Holdings

 Co-operative Farming

- Impact of Structural Reorganisation

- Emerging Perspectives and Policy Issues

- Land Reforms: Approach Paper to the

Eleventh Plan

8. Policies for Regulating Pattern of Investment and Concentration of

Economic Power in Industry 147

- Evolution of Industrial Control Regime

- Performance of the Industrial Licensing System

- New Economic Policy

9. India's Economic Performance

and Challenges 156

- Towards Faster and More Inclusive Growth

- Strengths of the Economy

- Some Major Challenges

 Regaining Agricultural Dynamism

 Changing Employment Patterns


 Providing Essential Public Services for the Poor

 Increasing Manufacturing Competitiveness

 Developing Human Resources

 Protecting the Environment

 Improving Rehabilitation and Resettlement Practices

 Improving Governance

 Disparities and Divides

10. Unemployment and Employment

Perspective 169

- Population and Labour Force Projections

- Concepts and Measurement

- Measurement of Employment and Unemployment

- Recent Trends in Employment and Unemployment Situation

 Employment and Unemployment (60th Round of NSSO)

 Results of 61st Round of NSSO Survey - Indian Labour Laws and Labour Markets

- Strategies and Policies for Employment Generation

 Eleventh Plan Approach Paper on Employment

 Promoting Employment Generation

o Changing Employment Patterns

o Employment Generating Sectors

o National Rural Employment Guarantee Programme (NREGP)

o Self-Employment Programmes

11. Poverty in India 190

- Magnitude and Determinants


• The Selection of Poverty Lines - State Level Poverty Ratios

- Basic Minimum Services

- Policy

• Flaws in Policies and Programmes - Targeting

- Accountability

- Role of NGOs and Voluntary Organisations

- Growth and Poverty

12. Demographic Constraint: Interaction between Population Change and

Economic Development 212

- Economic Development-and Population Growth

 The Theory of Demographic Transition

 The Micro Economic Theory of Fertility

 How Does Population Growth Affect Economic Development - Population and Labour Force Projections

- The Ongoing Demographic Transition:

Challenges and Opportunities

- Demographic Trends in India

 Period of Low Population Growth

 Period of Rapid Growth and Population Explosion

 Period of Some Decline in Rate of Growth 1981 Onwards Trends in Birth and Death Rates

• Causes of High Birth Rate

o Social Factors

o Economic Factors

 Fertility Rate

 Causes of Decline in Death Rate

o Control of Epidemics

o Control of Famines

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