India's Economic Evolution Towards Inclusive Development
This book provides a comprehensive analysis of India's path toward inclusive development, focusing on the socio-economic challenges. It explores the talked about Bharatiya model, emphasizing equity, empowerment, and community participation in decision-making.
The book is structured in four comprehensive sections. The introductory section establishes the framework of the Bharatiya Model, challenging established economic paradigms and tracing economic concepts from ancient Indian literature. The second section, "Indic Market Economy," explores technological advancement, industrial growth, agricultural transformation, and digital innovation. The "Welfarism" section addresses critical social aspects including healthcare, education, poverty reduction, and women's empowerment. The final section, "Pragmatism," delves into fiscal policies, trade reforms, banking sector evolution, and taxation systems. Each chapter provides authoritative insights into India's development journey. The book presents detailed analysis of various initiatives and reforms, particularly those implemented or accelerated in the past decade, while offering historical context from 2001 onwards for comprehensive understanding. Through a blend of historical context and contemporary analysis, the book aims to illuminate India's approach to fostering growth while striving for social justice and sustainable development.
The target audience includes three key groups: researchers seeking real-world data and analytical frameworks for studying India's growth trajectory; policymakers requiring evidence-based insights for crafting effective interventions across sectors; and corporate leaders looking to understand the complexities and opportunities within the Indian market. This book is an invaluable resource for scholars examining India’s socio-economic landscape. It offers a wealth of real-world data and insights on critical topics such as green economy initiatives, fiscal policies, and tax reforms, enabling policy makers to ground their work in reliable information.
Arvind Virmani has joined NITI Aayog as a full time Member in November 2022. He earlier served as Chairman of the Foundation for Economic Growth and Welfare (EGROW) and President of the Forum for Strategic Initiatives (FSI, Delhi). He was earlier Executive Director, IMF, Chief Economic Advisor, Ministry of Finance and Principal Advisor, Planning Commission. He was Director & Chief Executive of ICRIER (Indian Council for Research on International Economic Relations) and has published 37 Journal Articles, 24 Books & Book Chapters, around 70 other Working Papers and 50 policy papers in Macroeconomics, Growth, Tax & Tariff Reform, Foreign Exchange, International Relations and National Security Strategy. His experience in Finance Sector includes: Member of the Board in EXIM Bank, Chairman, Board of Trustees in SBI Mutual Fund, Director in Life Insurance Corporation of India (LIC), Member of SEBI Appellate Tribunal and Depositories Act Appellate Tribunal, Director in Punjab National Bank, Allahabad Bank and Member of the Board of Trustee in Unit Trust of India. Dr. Virmani has been a key figure in Macroeconomics and Policy Reform: He was a mentor (Public Policy & Economics) in FICCI, Member, Technical Advisory Committee on Monetary Policy, RBI, Executive Director, International Monetary Fund, Member, Evaluation Committee, Independent Evaluation Office, Chief Economic Advisor, Department of Economic Affairs, Ministry of Finance, Principal Advisor, Planning Commission and Member, Telecom Regulatory Authority of India (TRAI).
Charan Singh is the CEO and Founder Director, EGROW Foundation. He is also the Non-Executive Chairman of Punjab & Sind Bank. Earlier, he was the RBI Chair Professor of Economics at the prestigious Indian Institute of Management Bangalore, India; Senior Economist at the IMF, Washington DC; and Research Director (Economic Policy, Debt Management) at the RBI. Among other positions, Dr Singh served on the Board of NHB and NABFINS. Dr Singh has published extensively and has two books to his credit. Dr Singh completed M.Phil in Applied Economics from JNU, Delhi and PhD in Economics from the University of New South Wales, Sydney in 1997. He followed it up with post-doctoral studies at Department of Economics, Harvard University from Aug 2003 to Aug 2004 and SCID, Stanford University from August 2004 to Jan 2006.
