'Jha is the right scholar and economist to take readers through the
development of the Indian economy. Readers will be in good hands.'
-Edmund Phelps, Columbia University, USA, and winner of the 2006
Nobel Prize in Economics 'This is perhaps the best and most
scholarly contribution to understanding the Indian Economy and
Society. Its rich historical perspective and a profound
understanding of how India has evolved into a major economic power
set standards of scholarship and analytical rigour that will be
hard to surpass". -Raghav Gaiha, University of Manchester, UK
'Linking of economy and society is increasingly recognised as
essential for addressing policy challenges by the current phase of
globalisation. As such this study should be valuable not just for
those studying India, but also for those interested in global
developments.' -Mukul Asher, National University of Singapore,
Singapore 'This book is a tour-de-force review of the fundamental
topics on the Indian political economy and society that are
relevant for any committed social scientist to be aware of.' -Sumit
K. Majumdar, University of Texas at Dallas, USA 'Over the years, I
have benefited from reading the works of Professor Jha, and from
teaching from them. I enthusiastically recommend these two
volumes.' -Raaj Kumar Sah, University of Chicago, USA This
two-volume work provides an account of how India has been meeting
its myriad of economic, political and social challenges and how
things are expected to evolve in the future. Despite enormous
challenges at the time of independence, India chose to address them
within a secular, liberal, democratic framework, which guaranteed
several fundamental rights. Challenges included intense mass
poverty and hunger, very poor literacy and educational abilities of
the population, the task of uniting a country with scores of
languages and ethnicities ruled by different entities for decades
and persistent threats of external aggression, to name just a few.
Over time, incomes and opportunities have expanded enormously and
India has regained her self-confidence as a nation. In this second
volume, Jha examines the performance and prospects for India's
agriculture, manufacturing and services sectors. In addition,
India's links with the external world through international trade,
investment, migration and remittances are discussed, as well as
gender issues, inter-community relations and India's future
prospects.
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