Name: The Changing Face Of Indian Economy
Brand: Atlantic Publishers & Distributors (P) Ltd
SKU: 9788126907670
Price: 487.0 INR
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The Changing Face Of Indian Economy

by Jithin Dhawan

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ISBN13: 9788126907670
Binding: Hardcover
Subject: Economics
Publisher: Atlantic Publishers & Distributors (P) Ltd
Publisher Imprint: Atlantic
Publication Date: June 26, 2007
Pages: 408
Original Price: INR 695.0
Language: English
Edition: N/A
Item Weight: 530 grams
BISAC Subject(s): Political Economy

About The Book

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.

About The Author

Jitin Dhawan has been a voracious reader since his early age. He has particular interest in Indian economic problems. He has to his credit several articles on Indian economic development published in newspapers and magazines of great repute.

Table of Contents

1. Economic Growth and Development
2. Water Resources
3. Energy Resources and Energy Crisis
4. Urban Growth and Occupational Growth
5. Public Sector in India
6. Agricultural Growth in India
7. Rural Development
8. Industrial Growth in India
9. Information Technology and Business Process Outsourcing
10. Biotechnology and Nanotechnology
11. Tourism
12. Transport
13. Media and Bollywood
14. Space and Telecom
15. Banking
16. Reserve Bank of India
17. Prices and Price Policy
18. Centre-State Financial Relations
19. Taxation
20. India’s Foreign Trade
21. The Equity and Bullion Market
22. Foreign Direct Investment
23. Globalisation

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