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This book provides a comprehensive exploration and reflection of the opportunities and challenges that have shaped India s growth trajectory in past seven decades. The book contains rigorously researched articles on various contemporary issues and debates around four broad key themes on political economy appraisal, sectoral challenges, employment, labour and informality and social sector performance, offering conceptual understanding, critical analysis and policy implications. In addition to offering significant insights into recent emerging issues such as the agrarian crisis, non-performing assets (NPAs), post-COVID-19 transformations, shifts in the labor market due to artificial intelligence (AI), digitalization, and more, the book also explores the dominant theoretical discourses essential for comprehending India's political economy since independence till recent. The book offers actionable policy recommendations to address existing gaps between policies and practices of India s development trajectory. The book is particularly intended for research scholars and students, of economics, political science and development studies. Also, policymakers, institutions, general reader and academics worldwide who are interested in understanding the political aspect of Indian economy, its development trajectory, and the challenges and opportunities that nation faces at the cusp of completing 75 years of independence.
List of contents
Chapter 1: Introduction.- Political Economy Appraisal of Indian Economy.- Chapter 2: State, Capital and Some Socio-Economic Outcomes in India at the Current Juncture.- Chapter 3: The Standstill, Movement and Transformational Aspects of India's Development Experience.- Chapter 4: Dilemma in Development: India s Development Experience and the Challenges Ahead.- Chapter 5: A Political Economy appraisal of liberal reforms in India by Rahul De.- Sectoral Challenges in Indian Economy.- Chapter 6: The State, Market and Agrarian Crisis: Political Economy of Agricultural Price in India.- Chapter 7: What Might Have Suppressed the Industry led-growth? by Arup Mitra.- Chapter 8: Exploring the interdependence between the commodity-producing and tertiary sector: Evidence from India.- Chapter 9: Public Finance Trajectories in India Since Liberalization: An Assessment.- Chapter 10: The Political Economy of Non-Performing Assets in Indian Banks during the Neo-Liberal Reform Period: An Analysis of Persistence of GNPAs.- Employment, Labour and Informality.- Chapter 11: An Assessment of India s Employment Policy.- Chapter 12: Indian Labour Market in the Era of Automation and Artificial Intelligence: Challenges and Opportunities.- Chapter 13: Whither for Work? Tracking Migration, Perceptions and Labour Market Outcomes in Post-COVID India.- Chapter 14: Informality in the Indian Labour Market: Recent Evidences.- Chapter 15: Labour flexibility and employment protection legislation in India's formal industrial sector: issues and perspectives.- Chapter 16: Self-Employment in India: Entrepreneurs or Working Poor.- Social Sector Performance.- Chapter 17: Political Determinants of Health: The Indian Case.- Chapter 18: Shifting Priorities in Financing of Higher Education in India.- Chapter 19: Being Connected: Evaluating the Digital Divide in India.
