Cover; Contents; List of Tables; List of Figures; Preface; Introduction; Section I: Indian Growth Process; 1 -- Some Questions Relating to the Indian Growth Process; 2 -- The Veil of Growth: Some Thought Experiments; 3 -- Productivity Increase and Changing Sectoral Composition: Contribution to Economic Growth in India; 4 -- Achieving 4 Per cent Growth Rate in Agriculture during the Eleventh Five Year Plan: Feasibility and Constraints; Section II: Estimation of National Income and Related Aggregates; 5 -- Unorganized Manufacturing and Services in GDP Estimation: Measurement Issues
6 -- Estimation of Saving and Capital Formation in India: Pending Issues for Improvement7 -- Divergence between NAS and NSS Estimates of Private Final Consumption Expenditure; Section III: Sustaining Growth and the Development Process; 8 -- Inclusive Economic Growth and Sustainable Energy Development of India; 9 -- Investment Data and Sustainability Measures for India; Section IV: Monetary Policy; 10 -- The Structure of Inflation, Inf
Summary
This is a collection of essays by 16 renowned Indian economists on contemporary issues linked to India's economic development. Among the topics covered in the essays are: structural breaks in the India growth process; relevance of the Solow growth model for a developing economy; sources of the growth acceleration in India from the 1980s and the contribution of sectoral changes to overall economic growth; constraints to achieving 4 per cent annual growth rate in agriculture; measurement of unorganized sector output, and savings and capital formation; ensuring environmental sustainability of the
