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The present volume brings together author's papers on the three related themes, viz., Development Strategy, Regional Disparities in Development and Centre-State Financial Relations in India. Written on different occasions over a period of more than three decades while the author worked at the Institute of Economic Growth, Delhi and also in the Planning Commission, until 1992 and thereafter, as an honorary Professor, at the Centre for Economic and Social Studies (CESS), Hyderabad, they reflect the understanding and approach prior to the launching of economic reforms in the early 1990s as well as in the post-reform period. The 30 essays included in this book highlight author's approach and position taken on these three major interrelated issues which are of continuing interest and concern in the current academic and policy discussions. Needless to say, here's an extremely useful book for students of Indian economy and a valuable guide for policymakers, researchers and economic analysts.

The late eminent economist A.M. Khusro was a Professor at the Institute of Economic Growth right from its inception, and his association with the IEG continued till the end. As a token of gratitude, the members of the IEG family decided to pay an affectionate tribute to the departed colleague and teacher by bringing out a volume containing research papers pertaining to several themes that were cherished and valued by him. All the contributors to this volume have been members of IEG's faculty/alumnus and have made important contributions in the respective field during their affiliation to the IEG. The themes covered in this volume include topics on which Prof. Khusro had worked and also emerging research areas where he wished to see the involvement of IEG's faculty. The themes included in this volume cover both - established as well as new areas of research, and are presented together in six sections: Agriculture, Land Reforms and Anti-Poverty Programmes; Environment; Globalisation, Liberalisation and Trade; Macro Models and Growth; Population; and Secularism and Religion.

India's Twelfth Five Year Plan seeks to achieve inclusive and sustainable development through an appropriate growth process by reducing regional disparities in development, raising the growth rates of agriculture and manufacturing, and by giving high priority to health and education. Against this backdrop, the essays on inclusive growth in this book focus on regional disparities in development, technology fatigue, marketing constraints and sustainable use of water in respect of agriculture; ensuring accountability in performance; and the growth performance in Andhra Pradesh where the rising discontent against regional disparities in development led to the recent decision of the Union Government to form a separate state of Telangana. The book also includes some reminiscences of the author from his student days to his interactions on economic policy issues concerning equitable development since the 1980s, with individuals ranging from veteran freedom fighters to the eminent scholars and public figures, including some Prime Ministers of India.

The essays in this book, written on different occasions over a period of four decades reflect the understanding and vision of the author with regard to the complex issues of regional disparities and emerging regional tensions, and the revival of the demands for the creation of smaller states. The author observes that inter-state and intra-state disparities in development have not only persisted but have even increased in certain cases especially where backward regions do not have the necessary political clout in decision-making regarding public investment and provision of jobs. This has led to regional tensions and persistent demands for carving out separate states consisting of such backward areas. Uttarakhand, Jharkhand and Chhattisgarh are some recent examples. The need to reduce regional disparities in develop-ment has emerged as one of the biggest challenges in the post-reform period. According to Professor Rao, to ensure greater accountability for the development of backward regions in bigger states, it may be desirable to constitute Regional Development Boards and, where necessary, to carve out separate states comprising some of the backward regions. As early as 1969, he had argued for the economic viability of a separate Telangana state, "There is every reason to believe that separation would create conditions for the proper development of material as well as human resources of the region. The book is of great relevance today in view of the renewed interest in the subject.

Here's the new avatar of the previously entitled ""Indian Economy Since Independence,"" the highly acclaimed and widely accepted reference text which continued to be revised every year until it ran into its 18th edition in 2006.The book is essentially, a collection of select articles by some of India's topmost economists and experts. These highly recommended original readings are well supported by comprehensive 'editorial notes' by Uma Kapila.In addition to being a widely read textbook by college/university students and IAS/MBA aspirants, this volume also serves as an ideal gateway for any interested reader to explore, in a most authentic manner, various aspects relating to India's economic development since 1947.

Internationally recognised expert and one of India's most distinguished economists, C.H. Hanumantha Rao has contributed immensely to a better understanding of India's economy. Often quoted over the years, his meticulously prepared research papers and analytical writings have enlightened students, senior researchers and policymakers alike. The present volume brings together author's papers on the three related themes, viz., Agricultural Growth, Farm Size and Tenure, and Rural Poverty Alleviation in India. Written over a period of four decades while the author worked at the Institute of Economic Growth, Delhi (1961-1992) and thereafter as an honorary professor, at the Centre for Economic and Social Studies (CESS), Hyderabad, they reflect the evolution of policies for agricultural development and rural poverty alleviation in India over this period. The 31 essays included in this book highlight author's approach and the position taken on these three major interrelated issues which are of continuing interest and concern in the current academic and policy discussions. Needless to say, here's an extremely useful book for students of Indian economy and a valuable guide for policymakers, researchers and economic analysts.