The State Development Planning And Liberalisation In India

This book provides a comprehensive treatment of the nature, achievement and limitations of Indian development planning between 1950 and the late 1980s. It then views the liberalisation of the 1990s in relation to the pre-1991 experience and critically evaluates India's performance in the nineties.

The original volume upon which this book is based - The State and Development Planning in India (OUP, 1994) - is a landmark in the political economy literature on post-1947 India. It sought to provide a comprehensive treatment of the nature, achievements and limitations of Indian development planning between 1950 and the late 1980s. With papers by some of India's outstanding political economists, this volume addresses issues which continue to be relevant in India's present liberalised environment. Students of economics and political science and other interested readers will find that this book facilitates an informed assessment of India's current development strategy.

Conference papers.

This book assesses the impact of liberalization on practices of government and relations between state and society. It is clear that liberalization as state policy has complex forms of regulation and deregulation inbuilt, and these policies have resulted in dramatic increases in productivity and economic wealth but also generated spectacular new forms of inequality between social groups, regions, and sectors. Through a detailed examination of the Indian state, the contributors - all experts in their respective fields - explore questions such as: Have the new inequalities resulted in greater social unrest and violence? How has the meaning of citizenship changed? What will the long-term effects of regional economic imbalances be on migration, employment, and social welfare? Will increasing federalism result in new problems? Will smaller governments be more effective in providing basic necessities such as clothing, housing, food, water, and sanitation to citizens? What does liberalization mean to Indians in cities and villages, in small towns, and metropolises, in poor, middle class, or wealthy homes? Are concepts like social capital, decentralization, private enterprise, and grass-roots globalization effective in analyzing the post-liberalization state, or are new concepts needed? By focusing on what specifically has changed about the state after liberalization in India, this volume will shed light on comparative questions about the process of neoliberal restructuring across the world. As such, it will be of interest to scholars of a variety of disciplines, including sociology, anthropology, political science, geography, international studies, public policy, environmental studies and economics.

Since 1991, the Indian economy has been exposed to economic liberalization and globalization in line with structural adjustment and stabilisation policies initiated by IMF and World Bank. This analysis outlines the controversial shift in Indian economic policy from State-oriented development strategy to market-oriented development that leaves decisions of production and distribution to be made by the market.

This book examines the key period of liberalisation in India from 1991 to 2008. It analyses the relationship between growth and liberalisation and, in particular, the recent ‘miracle growth rate’ and its sustainability in the current Indian economic environment. This book is a significant contribution to the growing debate on economic growth and liberalisation, and the broader subject of economic development in India and other developing countries.

A critical review of India's experience with development planning and its interface with the evolving mode of production and strategy of development, Development Planning in India raises a number of central methodological and institutional questions related to the planning process. Kamal Nayan Kabra dwells particularly on the chasm between planning and formulating and implementing on the one hand and the real stated objectives on the other. Discarding the general tendency to adopt a narrow, economistic approach, Kabra highlights the real-life possibilities and constraints facing a holistic, institutional approach to development planning. He avoids the pitfall of viewing market forces versus plan and centralization versus decentralization as irreconcilable opposites. Instead, the author provides practical suggestions for enriching the development process through effective plan implementation. This could result in a more meaningful multilevel framework to achieve people-centered and autocratic development with a human face. At a time when "plan wariness" seems to be setting in, Development Planning in India serves as a cogent reminder that planning remains crucial in developing countries such as India. At the same time, the content and meaning of the process need to be rethought and fresh impetus provided to overcome the constraints in order to make development planning more relevant to the needs of today. Professors, students, and practitioners in development planning and administration, policy studies, development studies, and economics will find Development Planning in India useful.

Six Years Have Passed Since The Fast Process Of Liberalisation And Globalisation Was Started In India In July 1991. The Book Examines The Achievements And Failures Of The Process Of Economic Reforms During This Period. It Makes Useful Suggestions To Make The Economic Reforms More Successful And Human. The Role Which The State Has To Play In Accelerating The Process Of Economic Development And In Lessening Social Tensions Involved In Rapid Economic Reforms Has Been Clearly Laid Down In Detail.The Book Studies The Experience Of Economic Reforms In Other Countries And The Lessons Which India Can Draw From That. It Also Examines The Role Which Multinationals Can Play In The Economic Development Of The Country.The Book Analyses The Impact Of Economic Reforms On The Agricultural Economy And The Cottage And Small Scale Sector. It Emphasises The Need For Greater Attention To These Sectors On Which Depends The Well Being Of An Overwhelming Portion Of The Population.A Host Of Issues Concerning The Process Of Liberalisation And Globalisation Have Been Examined By Fortyseven Economists Spread Over The Entire Country.The First Volume Was Published In 1995 And The Response Of Readers Was So Heavy That It Had To Be Reprinted Again. The Encouraging Response To The First Volume Has Led To The Publication Of The Second Volume.

In this volume, scholars specializing in different dimensions of foreign-policy analysis examine the dynamics of India's international relations. The volume reviews the economic growth that has propelled it to the status of a globally recognized power, and examines its nuclear policy and maritime strategy as a register of its present capabilities and future aspirations. The news media, often neglected in the study of international politics, are studied as an important index to-and catalysis for-the formulation of government policies. The volume also comprehensively analyses India's bilateral and multilateral relations, their influence on the stability of the subcontinent, their bearing on the country's international presence, and their relevance for its political ambitions.

In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru's pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India's, and by extension the world's, greatest moral challenge: lifting a great number of extremely poor people out of poverty? Bhagwati and Panagariya argue forcefully that only one strategy will help the poor to any significant effect: economic growth, led by markets overseen and encouraged by liberal state policies. Their radical message has huge consequences for economists, development NGOs and anti-poverty campaigners worldwide. There are vital lessons here not only for Southeast Asia, but for Africa, Eastern Europe, and anyone who cares that the effort to eradicate poverty is more than just good intentions. If you want it to work, you need growth. With all that implies.