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  • TITLE
  • CERTIFICATE
  • DECLARATION
  • ACKNOWLEDGEMENT
  • CONTENTS
  • LIST OF TABLES
  • LIST OF FIGURES
  • PREFACE
  • I. INTRODUCTION
  • Background
  • Salient Features of the Nehrus Development Strategy
  • 1.1 GDP Growth Rates at Factor Cost (1993-94 prices)
  • 1.2 Budget and Balance of Payments Indicators
  • 1.3 Trends in Parameters of Deficit of Central Government
  • The Crisis of 1990s
  • Suggested Economic Reforms-an Overview
  • The Present Predicament
  • 1.4 Trends of Major Macroeconomic Indicators: 1990-91-2001-02
  • Hypothesis
  • Objectives
  • Methodology
  • CHAPTERISATION
  • CONCLUSION
  • References and Notes
  • II. INDIAN ECONOMY DURING THE BRITISH EMPIRE AN OVERVIEW
  • Introduction
  • Taxation
  • Other Exchanges
  • Total Cash Transfers
  • Economic Consequences of the British Conquest
  • Decline of Indian Handicrafts and Progressive Ruralisation of the Indian Economy
  • Hostile Policy of the East India Company and the British Parliament
  • Competition of Machine-Made Goods
  • The Development of New Forms and Patterns of Demand
  • Commercialisation of Indian Agriculture
  • The Nature of Famines in India
  • Causes of Famines
  • The New Land System
  • The Impact of Colonial Rule
  • Poverty of the Masses and the Economic Exploitation
  • Debt Services and Military Expenditure
  • CONCLUSION
  • References and Notes
  • III. DEVELOPMENT POLICIES OF INDIA SINCE INDEPENDENCE: AN ANALYTICAL SURVEY
  • Introduction
  • Beginning of Planning in India
  • Aid India Consortium: a Milestone in the Westernisation Process
  • Devaluation of Rupee
  • The Approach to Each Plan
  • Plan Outlays / Investments
  • 3.1 Plan Outlays of the Public and Private Sector
  • Priorities and Pattern of Investment in the Plans
  • 3.2 Sectoral Outlays during the Plans
  • Agriculture and Irrigation
  • Power Programmes
  • Industries and Minerals
  • Assessment of the Five Year Plans
  • Pattern of Financing the Five Year Plans in India
  • 3.3 Sources of Plan Finance: First Eight Plans
  • Shift in Favour of Foreign Aid and Deficit Financing
  • Domestic Budgetary Resources
  • Balance from Current Revenues
  • Contribution from Public Enterprises
  • 3.4. Relative Significance of the Components of Domestic Budgetary Resources in Various Plans % of Total plan Resources
  • Domestic Private Savings -
  • Additional Resource Mobilisation
  • Review of 50 Years of Planning in India
  • Achievements of Planning in India
  • I.Increase in national and per capita income
  • 3.5 Growth of National Income and Per Capita Income
  • 3.6 Growth Performance in the Five Year Plans
  • 2.Progress in agriculture
  • 3.7 Progress in the use of agricultural inputs since 1950-51
  • 3.8 Agricultural Production under Five Year Plans (1951 to 1997)
  • 3.Progress in industry
  • 3.9 Progress of Industrial Production (Selected industries)
  • 3.10 Net per capita availability of some essential consumer goods in India
  • 4.Development of economic infrastructure
  • 5.Diversification of exports and import substitution
  • 6.Development of science and technology
  • 7.Development of educational system
  • Failure of Planning in India
  • i.Failure to eliminate poverty
  • ii.Failure to provide employment to all able bodied persons
  • iii.Failure to reduce inequalities of income and wealth
  • iv.Failure of fiscal measures to correct inequalities and control unaccounted money
  • v. Failure to reduce concentration of economic power
  • vi.Failure to implement land reforms
  • Summing up
  • References and Notes
  • IV. THE NEW PHASE OF PLANNING: NEW ECONOMIC POLICY OF1991
  • Introduction
  • 4.1 Estimates of Poverty
  • 4.2 Health Indicators
  • 4.3 Growth Rate in Value added over different Periods Estimated Simultaneously
  • Economic Background to the New Economic Policy
  • 4.4 Trends in Central Government Finances
  • Claimed Advantages of the New Economic Policy
  • Reforms in the Industrial Sector
  • 4.1 Industrial Growth Rates of India by Use Categories
  • Reforms in the Agricultural Sector
  • 4.5 Average Annual Growth Rates of Index of Agricultural Production
  • Reforms in the Fiscal Sector
  • Reforms in the International Trade Sector
  • 4.6 Growth of Indias Exports (million US$) and Decadal Growth Rates
  • Second Generation Reforms
  • 4.7 Yearwise Receipts from Disinvestment of PSUs
  • CONCLUSION
  • References and Notes
  • V. IMPACT OF THE NEW ECONOMIC POLICY ON THE AGRICULTURAL SECTOR
  • Background
  • Protection Provisions
  • 5.1 Share of Agricultural Workers in Total Workforce in India Percentage Share
  • 5.2 Sectoral Share of Agriculture in GDP (at Factor Cost) and Gross Capital Formation (GCP)
  • Indias Position in World Agriculture
  • 5.3 Share of Major Crop / Crop Category in Total Cropped Area in India during 1950-97
  • 5.4 Return from Main Crops in Major Producing States in India (Rs. Per Hectare Over C2 Cost at 1981-82 Prices)
  • Impact of Liberalisation on Indian Agriculture
  • National Agriculture Policy
  • Removal of Quantitative Restrictions-Doom for Indian Agriculture?
  • 5.1 Crash of Prices of Major Agricultural Products of Kerala 1999-2001 (Price per quintal)
  • 5.5 Average Market Price of NR (Rs./100 kg)
  • CONCLUSION
  • References and Notes
  • VI. THE GANDHIAN MODEL OF DEVELOPMENT-AN OUTLINE AND A CRITIQUE OF THE POLICY REGIME (INCLUDING THE NEW ECONOMIC POLICY)
  • Introduction
  • Gandhian vs Mainstream Economics
  • 6.1 Differences between Gandhian and Mainstream Economics
  • The Salient Feature of the Gandhian Development Model
  • The Gandhian Talisman
  • Limitation of Wants
  • Production by the Masses
  • Appropriate Technology
  • Villagism-Face to Face Community
  • Trusteeship
  • The Planning Regime, a Critique
  • 6.2 The Structure of Economism
  • The New Economic Policy: An Evaluation
  • References and Notes
  • VII. SUMMARY AND CONCLUSION
  • 7.1 Indias External Debt Outstanding
  • 7.2 Indias Global Position on Human and Gender Development
  • References and Notes
  • BIBLIOGRAPHY
  • APPENDIX I
  • APPENDIX II