Growth of Cash Rent Tenancy and Modernisation of Land Lease Market in Punjab
The nature of farm tenancy in Punjab has completely changed due to the technological revolution and commercialisation of agriculture; traditional share tenancy has been replaced by modern cash rent tenancy. The tenancy laws of the state, however, have not
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Lakhwinder Singh Nirvikar Singh Editors
Economic Transformation of a Developing Economy The Experience of Punjab, India
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.
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Lakhwinder Singh Nirvikar Singh •
Editors
Economic Transformation of a Developing Economy The Experience of Punjab, India
123
Editors Lakhwinder Singh Department of Economics and Centre for Development Economics and Innovation Studies (CDEIS) Punjabi University Patiala India
Nirvikar Singh Department of Economics University of California Santa Cruz, CA USA
ISSN 2198-0012 ISSN 2198-0020 (electronic) India Studies in Business and Economics ISBN 978-981-10-0196-3 ISBN 978-981-10-0197-0 (eBook) DOI 10.1007/978-981-10-0197-0 Library of Congress Control Number: 2015958553 © 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.
Foreword
Punjab is, in many ways, India’s iconic state. A vast fertile land that marked the northwestern frontier of the Indian subcontinent, it bore the b
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