Development in India Micro and Macro Perspectives
This book examines various facets of the development process such as aid, poverty, caste networks, corruption, and judicial activism. It explores the efficiency of and distributional issues related to agriculture, and the roles of macro models and financi
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S. Mahendra Dev P.G. Babu Editors
Development in India Micro and Macro Perspectives
India Studies in Business and Economics
The Indian economy is considered to be one of the fastest growing economies of the world with India amongst the most important G-20 economies. Ever since the Indian economy made its presence felt on the global platform, the research community is now even more interested in studying and analyzing what India has to offer. This series aims to bring forth the latest studies and research about India from the areas of economics, business, and management science. The titles featured in this series will present rigorous empirical research, often accompanied by policy recommendations, evoke and evaluate various aspects of the economy and the business and management landscape in India, with a special focus on India’s relationship with the world in terms of business and trade.
More information about this series at http://www.springer.com/series/11234
S. Mahendra Dev P.G. Babu •
Editors
Development in India Micro and Macro Perspectives
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Editors S. Mahendra Dev Indira Gandhi Institute of Development Research Mumbai, Maharashtra India
P.G. Babu Indira Gandhi Institute of Development Research Mumbai, Maharashtra India
ISSN 2198-0012 ISSN 2198-0020 (electronic) India Studies in Business and Economics ISBN 978-81-322-2540-9 ISBN 978-81-322-2541-6 (eBook) DOI 10.1007/978-81-322-2541-6 Library of Congress Control Number: 2015943849 Springer New Delhi Heidelberg New York Dordrecht London © Springer India 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper Springer (India) Pvt. Ltd. is part of Springer Science+Business Media (www.springer.com)
Preface
This book has its origin in the one of its kind International Conference held to commemorate the Silver Jubilee of Indira Gandhi Institute of Development Research (IGIDR). IGIDR itself was conceptualized as a think tank in development policy issues and came into existence in 1987 t
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