Analytical Issues in Growth & Structural Change, Macroeconomy, Security, and Sustainability of India's Economic Development

This book is a collection of essays written to reflect analytical understanding of contemporary Indian economy in the backdrop of approaching deadline of 2030 Agenda for Sustainable Development. Dedicated to the memory of late Professor Dhiresh Chandra Bhattacharya, a legendary teacher, an author of a pioneering Indian textbook on the economy of divided India, and the second President of the Bangiya Arthaniti Prishad (Bengal Economic Association), this volume uses modern methodologies of economics and econometrics to reflect on prime issues facing the Indian economy. The theoretical and empirical research on some aspect of India's economic development, have been analyzed by eminent scholars, with a focus on growth and structural change, reforms and macroeconomy, food and nutritional security, and sustainable development. The book examines the inclusive growth paradigm in India in the context of rising inequality in income and wealth distribution, and the tenets of longterm behavior of the economy in the context of GDP growth. It highlights the need of GDP growth to be juxtaposed against the imperatives of distributional challenges that the economy has been facing even after 75 years. The book is useful for the students and researchers of economics, in India and abroad, and points to the required policy initiatives to be undertaken by policy planners.

List of contents

Introduction by the Editors.- PART A. Section I: Growth and Structural Change.- Chapter 1. Dr. Avik Chakrabarty: Contagion,
Production, and Trade with Networked Oligopolies: A General Equilibrium Model.- Chapter 2. Dr. Kamalika Chakraborty and Dr. Bidisha Chakraborty: Land holding, Fertility and Child Labour.- Chapter 3. Prof. Biswajit Chatterjee: Inequality, Inclusive Growth and Reflections on Indian Economy.- Chapter 4. Dr.Purba Roy Chaudhury: Structural Change and Economic Development in India's Service Sector: A State Level Study.- Chapter 5. Prof. Debabrata Mukhopadhyay: Structural Change in Rice-Wheat Crop Yield in India : A Multiple breakpoint Analysis.- PART B. Section II: Reforms and Macroeconomy.- Chapter 6. Prof. Debdas Banerjee: Understanding Indian Economy: Reality and Rhetoric of Reforms 2.0.- Chapter 7. Dr. Rajib Bhattacharyya: Demonetization Shock and Corona Pandemic- Is India Heading Towards another Recession?.- Chapter 8. Prof.  Ambar N. Ghosh   Sm Dipti Ghosh: Generating Employment in India: A Suggestion.- Chapter 9. Zeeshan N. Ansari & Dr. Rajendra N. Paramanik: Dynamic Connectedness of Indian Business Cycle with G-7 Economies.- Chapter 10.  Prof Mohendra Pal: Financial Deepening & Growth Nexus In South Africa And India: An Empirical Evidence From Co-Integration And Causality.- PART C. Section III: Food  and Nutrition Security in India.- Chapter 11. Dr. Asim K. Karmakar: India's Sustainable Food Security in Chains: Will Prometheus be
unbound?.- Chapter 12. Professor Supravat Bagli & Dr. Papita Dutta: Temporal Trend of Food Security in India: Dimensions and Dilemmas.- Chapter 13. Professor Ambar Nath Ghosh  Sm Dipti Ghosh: Food Security in India under Free Market Conditions: A Macro-Theoretic Study.- Chapter 14. Dr. Purba Chattopadhyay: Sketching the Trajectory of Food and Nutrition Security in India: A Contextual Analysis.- Chapter 15..Prof. Basudha Mukhopadhyay: Child Undernutrition in India: Proximate Socio-Demographic Determinants.- PART D. Section IV: India and Sustainable Development Goals.- Chapter 16. Prof . Ramprasad Sengupta: Understanding Energy Sustainability and Third Industrial Revolution in India.- Chapter 17. Prof. Manas Ranjan Gupta and Dr. Priya Brata Dutta: Tourism Development and Environmental Pollution: A Dynamic Analysis.- Chapter 18. Sm.Sampriti Sarkar & Prof. Siddhartha Mitra: A Holistic and Concrete Approach to Sustainable Development.- Chapter 19. Prof. Sebak Kumar Jana & Prof. Shailendra N Gajanan: Access to Irrigation and Socio-Economic Status of Farm Households: A Study in a Saline Zone in India.- Chapter 20. Prof. Jyotish Prakash Basu and Aishwarya Basu: Measurement and Determinants of Climate Change Vulnerability-A Household Level Study in the Drought Prone District of West Bengal, India.

About the author

Biswajit Chatterjee
is a leading development economist of the country. He is a Retired Professor of Economics, Jadavpur University, where he was the Head of Department of Economics and also Dean, Faculty of Arts. The major areas of his teaching and research have been macroeconomic theory, international trade theory and policy, balance of payments, development economics, and Indian economic development and policies. He has published regularly in national and international journals of repute, contributed to edited volumes, and has published 8 books and 14 edited volumes on different branches of development economics. Professor Chatterjee also delivers lectures at various conferences throughout the globe. He was consultant to the World Bank, UNDP and the Planning Commission. He was President of The Indian Econometric Society (TIES) for two consecutive years; President Indian Society of Labour Economics, 2014, besides being President of Bengal Economic Association for the period April 2005 to March 2014, and again from February 2017 till date. He was the Conference President of the Indian Economic Association (IEA) 2023 conference.


 

Asim K. Karmakar
is currently Assistant Professor in Economics, School of Professional Studies, Netaji Subhash Open University, Kalyani, India. He was earlier Assistant Professor, Department of Economics, Jadavpur University, Kolkata, India. He is presently the Joint Secretary of the IEA and was also formerly the Executive Committee member of TIES; and the current Managing Editor of Artha Beekshan (journal of the Bengal Economic Association). He has published co-edited and edited books published by Springer as well as research articles (more than 150) in journals published by Springer, IGI Global, Emerald and Palgrave Macmillan.

Summary

This book is a collection of essays written to reflect analytical understanding of contemporary Indian economy in the backdrop of approaching deadline of 2030 Agenda for Sustainable Development. Dedicated to the memory of late Professor Dhiresh Chandra Bhattacharya, a legendary teacher, an author of a pioneering Indian textbook on the economy of divided India, and the second President of the
Bangiya Arthaniti Prishad
(Bengal Economic Association), this volume uses modern methodologies of economics and econometrics to reflect on prime issues facing the Indian economy. The theoretical and empirical research on some aspect of India’s economic development, have been analyzed by eminent scholars, with a focus on growth and structural change, reforms and macroeconomy, food and nutritional security, and sustainable development. The book examines the inclusive growth paradigm in India in the context of rising inequality in income and wealth distribution, and the tenets of longterm behavior of the economy in the context of GDP growth. It highlights the need of GDP growth to be juxtaposed against the imperatives of distributional challenges that the economy has been facing even after 75 years. The book is useful for the students and researchers of economics, in India and abroad, and points to the required policy initiatives to be undertaken by policy planners.

Product details

• Assisted by: Biswajit Chatterjee (Editor), K Karmakar (Editor), Asim K. Karmakar (Editor)
• Publisher: Springer, Berlin
• Languages: English
• Product format: Hardback
• Release: 15.02.2026
• EAN: 9789819552412
• ISBN: 978-981-9552-41-2
• No. of pages: 280
• Illustrations: XX, 280 p.
• Series: India Studies in Business and Economics
• Subjects: Social sciences, law, business > Business > Economics; Makroökonomie, Wirtschaftswachstum, Wirtschaftspolitik, politische Ökonomie, Economic Policy, Arbeits- / Einkommensökonomie, Open Access, Sustainable Development, economic growth, Macroeconomics and Monetary Economics, energy security, Development Economics, Labor and Population Economics, Socio-Economic Policy, GDP growth, Demographic dividend, Food and nutritional security, India’s economic development, Macroeconomic reforms