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Facets of India's Economy and Her Society Volume II

Current State and Future Prospects

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  • © 2018

Overview

  • Second volume on Facet's of India's Economy and Her Society
  • Analyses the principal sectors of the Indian Economy
  • Evaluates emerging issues in India's Economy
  • Addresses key aspects of India's society, such as the role of women

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Table of contents (10 chapters)

  1. Principal Sectors of the Indian Economy

  2. Some Aspects of India’s Society and Prospects for the Future

Keywords

About this book

‘Jha is the right scholar and economist to take readers through the development of the Indian economy. Readers will be in good hands.’
Edmund Phelps, Columbia University, USA, and winner of the 2006 Nobel Prize in Economics

‘This is perhaps the best and most scholarly contribution to understanding the Indian Economy and Society. Its rich historical perspective and a profound understanding of how India has evolved into a major economic power set standards of scholarship and analytical rigour that will be hard to surpass". 
Raghav Gaiha, University of Manchester, UK

‘Linking of economy and society is increasingly recognised as essential for addressing policy challenges by the current phase of globalisation. As such this study should be valuable not just for those studying India, but also for those interested in global developments.’
Mukul Asher, National University of Singapore, Singapore

‘This book is a tour-de-force reviewof the fundamental topics on the Indian political economy and society that are relevant for any committed social scientist to be aware of.’
Sumit K. Majumdar, University of Texas at Dallas, USA

 ‘Over the years, I have benefited from reading the works of Professor Jha, and from teaching from them. I enthusiastically recommend these two volumes.’
Raaj Kumar Sah, University of Chicago, USA




This two-volume work provides an account of how India has been meeting its myriad of economic, political and social challenges and how things are expected to evolve in the future. Despite enormous challenges at the time of independence, India chose to address them within a secular, liberal, democratic framework, which guaranteed several fundamental rights. Challenges included intense mass poverty and hunger, very poor literacy and educational abilities of the population, the task of uniting a country with scores of languages and ethnicities ruled by different entities for decades and persistent threats of external aggression, to name just a few. Over time, incomes and opportunities have expanded enormously and India has regained her self-confidence as a nation. 


In this second volume, Jha examines the performance and prospects for India’s agriculture, manufacturing and services sectors. In addition, India’s links with the external world through international trade, investment, migration and remittances are discussed, as well as gender issues, inter-community relations and India’s future prospects.  




Reviews

“Jha is the right scholar and economist to take readers through the development of the Indian economy. Readers will be in good hands.” (Edmund Phelps, Columbia University, USA, and winner of the 2006 Nobel Prize in Economics)

“This is perhaps the best and most scholarly contribution to understanding the Indian Economy and Society. Its rich historical perspective and a profound understanding of how India has evolved into a major economic power set standards of scholarship and analytical rigour that will be hard to surpass.” (Raghav Gaiha, University of Manchester, UK)

“Linking of economy and society is increasingly recognised as essential for addressing policy challenges by the current phase of globalisation. As such this study should be valuable not just for those studying India, but also for those interested in global developments.” (Mukul Asher, National University of Singapore, Singapore)

“This book is a tour-de-force review of the fundamental topics on the Indianpolitical economy and society that are relevant for any committed social scientist to be aware of.” (Sumit K. Majumdar, University of Texas at Dallas, USA)

“Over the years, I have benefited from reading the works of Professor Jha, and from teaching from them. I enthusiastically recommend these two volumes.” (Raaj Kumar Sah, University of Chicago, USA)

Authors and Affiliations

  • Arndt-Corden Department of Economics, Australian National University, Acton, Australia

    Raghbendra Jha

About the author

Raghbendra Jha is Professor of Economics at the Australian National University. He has previously taught at Columbia University and Williams College, USA; Queen’s University, Canada; University of Warwick, UK; and Delhi School of Economics, IIM Bangalore and IGIDR (Mumbai) in India. He has published extensively in the areas of macroeconomics, public economics and social welfare, with a country focus on India.  

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