Economic Reforms in India : A Sectoral Analysis
Contents: I. Economic reforms, WTO and Indian agriculture: 1. Impact of WTO on Indian agriculture/Manish Bansal, Jaskarn Singh Bhullar and Iqbal Singh Brar. 2. Economic reforms and Indian agriculture/Minakshi Garg. 3. Impact of globalisation on agricultural sector/Sonia Chawla, Harpreet Singh and Raminder Pal Singh. 4. Challenges to agricultural economy of Punjab/D.P. Bhatnagar and Sawtantar Singh. 5. Economic reforms: the impact on agriculture/Suman Lata and Prabha Singh. II. Economic reforms and Indian industry: 6. Strategizing competitive manufacturing sector/D.P. Warne and Sonia Sharma. 7. Economic reforms and Indian IT industry/Parneet Singh. 8. Impact of economic reforms on industry/Mohammad Saleem. 9. Economic liberalization: status and scenario of Small-Scale Industries/Sonia Chawla. 10. Impact of economic reforms on IT industry/Dheeraj Behal. III. Economic reforms and Indian banking sector: 11. Indian banking industry: changing structure of banks\' income in the post-reforms era/R.K. Uppal. 12. Analysis of input-specific efficiency in the Indian Banking System/Inderjeet Singh and Parmod Kumar. 13. Technical efficiency of regional rural banks after banking sector reforms/Pawan Kumar Taneja and Shalini Saggar. 14. Banking sector reforms in India/Raman Mehta. IV. Economic reforms, poverty and unemployment: 15. Impact of economic reforms on unemployment/M.S. Pabla, Rajinder Kaur and J.J. Maini. 16. Impact of economic reforms on poverty/Radha Arora. 17. Impact of economic reforms on employment/Sandeep Chanana. 18. Growth, poverty and economic reform/Meenu Agrawal and Poonam Rani. V. Economic reforms, privatisation and other structural changes: 19. Economic reforms and privatisation/Ekta and Kanu Priya. 20. Second generation economic reforms/Gursharan Cheema. 21. Structural response to economic reforms/Inderjeet Singh and Rupinder Singh Sodhi. 22. Impact of economic reforms on the Indian economy/Suresh Kumar Khurana. 23. Disinvestment: an acceleration of growth/Parminder Kaur and Bhawdeep Singh. 24. Economic reforms and education/Ranjana Sood.
"Responding to the macroeconomic crisis of the late 1980s, a programme of liberalisation, privatisation, and globalisation was initiated in India in July 1991. This programme encompassed wide-ranging reform measures touching almost every aspect of the Indian economy.
The wide-ranging reforms since then have induced greater efficiency and competitiveness in all spheres of economic activity. It can safely be said that India is no longer a country of scarcities and shortages. Foodgrain stocks are plentiful, foreign exchange reserves are overflowing, inflation rate is moderate and under control, exports are buoyant, exchange rate is flexible and the country is well integrated with the world economy. All these features of new India are amply reflected in a relatively high rate of economic growth and a significant reduction in poverty ratio over the last decade and a half.
This book explains the key reform measures undertaken in various sectors of the Indian economy since 1991. It examines their rationale, contents, and impact. Furthermore, the work puts in perspective the emerging lessons for the future. To provide the necessary backdrop to the new order, appropriate comparisons are made with the policies pursued prior to the reforms period.
The book contains 24 articles authored by scholars in the area of agriculture, industry, banking, poverty and unemployment and other fields touched by the economic reforms process." (jacket)