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The high growth performance of the Indian economy since the launch of economic reforms in the early 1990s has been much lauded. But how much of this growth has made its way to the poor?
In a radical assessment of 'inclusive growth', this book probes the impact of neo-liberal policies on employment, poverty and inequality. It critiques the claim that market-friendly economic reform policies 'trickle down' to the poor and reduce poverty and deprivation. The author uses exhaustive data - from the formal and informal sectors - to create a profile of the aam aadmi. He advocates the need for a broad-based growth and development strategy that alone will address the many-sided social and economic inequalities in India.
The volume will be useful to scholars and students of economics, development studies, labour studies, and sociology.
List of contents
Preface. Acknowledgements. 1. Introduction 2. India’s Common People: Who are They, How Many are They and How do They Live? 3. More on India’s Common People: A Regional Profile 4. Growth sans Employment: A Quarter Century of Jobless Growth in India’s Organised Manufacturing 5. Dualism, Informality and Social Inequality 6. The Long Road to Social Security 7. How Inclusive is Inclusive Growth in India? 8. Low Participation and High Informalisation: Is this a ‘Virtuous Circle’ in the Growth–Employment Interaction? Notes. Appendix. Bibliography
About the author
K. P. Kannan is Chairman, Laurie Baker Centre for Habitat Studies, Trivandrum, and the Centre of Science and Technology for Rural Development (COSTFORD), Thrissur, Kerala.
Summary
The high growth performance of the Indian economy since the launch of economic reforms in the early 1990s has been much lauded. But how much of this growth has made its way to the poor?
In a radical assessment of ‘inclusive growth’, this book probes the impact of neo-liberal policies on employment, poverty and inequality. It critiques the claim that market-friendly economic reform policies ‘trickle down’ to the poor and reduce poverty and deprivation. The author uses exhaustive data — from the formal and informal sectors — to create a profile of the aam aadmi. He advocates the need for a broad-based growth and development strategy that alone will address the many-sided social and economic inequalities in India.
The volume will be useful to scholars and students of economics, development studies, labour studies, and sociology.
