Globalisation and the Challenges of Development in Contemporary India

This volume brings together multidisciplinary, situated and nuanced analyses of contingent issues framing a rapidly changing India in the 21st century. It moves beyond the ready dichotomies that are often extended to understand India as a series of contra

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Sita Venkateswar Sekhar Bandyopadhyay Editors

Globalisation and the Challenges of Development in Contemporary India

Dynamics of Asian Development Series editor Anthony P. D’Costa, Carlton, Australia Editorial Board Tony Addison, Helsinki, Finland Amiya Bagchi, Kolkata, India Amrita Chhachhi, Rotterdam, The Netherlands Akira Goto, Bunkyo, Japan Barbara Harriss-White, Oxford, UK Keun Lee, Seoul, South Korea R. Nagaraj, Mumbai, India Rene E. Ofreneo, Baguio, Philippines Rajah Rasiah, Kuala Lumpur, Malaysia Ma Rong, Beijing, China Ashwani Saith, Rotterdam, The Netherlands Gita Sen, Bangalore, India Andrew Walter, Melbourne, Australia Christine Wong, Oxford, UK

More information about this series at http://www.springer.com/series/13342

Sita Venkateswar · Sekhar Bandyopadhyay Editors

Globalisation and the Challenges of Development in Contemporary India

13

Editors Sita Venkateswar School of People, Environment and Planning Massey University Palmerston North New Zealand

Sekhar Bandyopadhyay School of History, Philosophy, Political Science and International Relations Victoria University of Wellington Wellington New Zealand

ISSN  2198-9923 ISSN  2198-9931  (electronic) Dynamics of Asian Development ISBN 978-981-10-0453-7 ISBN 978-981-10-0454-4  (eBook) DOI 10.1007/978-981-10-0454-4 Library of Congress Control Number: 2015960781 © Springer Science+Business Media Singapore 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 This Springer imprint is published by SpringerNature The registered company is Springer Science+Business Media Singapore Pte Ltd.

Contents

1

Globalisation and the Challenges of Development: An Introduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Sita Venkateswar and Sekhar Bandyopadhyay

Part I  Framing the Macro Environment 2

Compressed Capitalism, Globalisation and the Fate of Indian Development. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1