Contemporary Indian Economy: Lecture Plan and Readings

1. Indian Economy in the Colonial period: 5 hours

Readings:

Habib, I. 2006. Indian Economy: 1858-1914. Tulika Books, Chapters 1-3.

Habib, I. 1975. Colonisation of the Indian Economy: 1757-1900. Social Scientist.

http://www.jstor.org/stable/3516224

Deepak Nayyar. 2006. India's Unfinished Journey: Tranforming Growth into Development.

Modern Asian Studies. http://www.jstor.org/stable/3876547

(This artcile places the performace of the Indian economy in a long historical perspective

and would be used in subsequent sections as well.)

2. Debates on Planning: 2 hours

Readings:

Bombay Plan

People's Plan

Patnaik, P. 1998. Some Indian Debates on Planning. In TJ Byres (ed.) Indian Economy:

Some major debates Since Independence. OUP.

3. Policies and the record of development in the first three five year plans: 4 hours

Readings:

Industrial Policy Resolution 1956

Choudhuri, S. 1998. Debates on Industrialisation. In TJ Byres (ed.)

Indian Economy: Some major debates Since Independence . OUP.

Patnaik, P. 1978. Induatrial Development in India Since Indepencence. Social Scientist.

http://www.jstor.org/stable/3516530 .

Tomasson Jannuzi, F. 1994. India's Persistent Dilemma: The Political Economy of Agrarian

Reform. Orient Longman. Chapter 2.

Appu, P.S. 1975. Tenancy Reforms in India. Economic and Political Weekly.

http://www.jstor.org/stable/4537334

Rao, J.M. 1994. Agricultural Development under State Planning. In T.J. Byres (ed.) The

State and Development Planning in India, OUP.

4. Contradictions of Planning, Uneven Development and the Industrial Slowdown of the

Seventies: 5 hours

Readings:

Patnaik, P.. 1984. Market Question and Capitalist Development in India. Economic and

Political Weekly. http://www.jstor.org/stable/3516530.

Patnaik, U. 1986. The Agrarian Question and Development of Capitalism in India.

Economic and Political Weekly. http://www.jstor.org/stable/4375629?seq=8.

Nayyar, D. 1978. Industrial Development in India: Some Reflections on Growth and

Stagnation. Economic and Political Weekly. http://www.jstor.org/stable/4366860.

Raj, K.N. 1976. Growth and Stagnation in Indian Industrial Development. Economic and

Political Weekly. http://www.jstor.org/stable/4364368 .

Chandrasekhar, C.P. 1988. Aspects of growth and structural change in Indian industry.

Economic and Political Weekly.http://www.jstor.org/stable/439400.

Ghosh, J. Liberalisation debates. TJ Byres (ed.) Indian Economy: Some major debates

Since Independence. OUP.

5. Growth Revival of the 1980s: 3 hours

Readings:

Chandrasekhar, C.P. And Ghosh, J. 2002. The Market that Failed. Chapters 1 and 2.

Rodrk, D and Subhramaniam, A. 2004. From Hindu Growth to Productivity Surge: The

Mystery of the Indian Growth Transition. NBER Working Paper No. 10376.

http://www.nber.org/papers/w10376.

Kohli, A. 2007. State, Business and Economic Growth in India. Studies in Comparative

International Development. http://link.springer.com/article/10.1007/s12116-007-9001-9#

(This article would be used in section 6 as well)

6. Political Economy of Economic Reforms, the Record of Growth, Development and

Employment: 5 hours

Readings:

Chandrasekhar, C.P. And Ghosh, J. 2002. The Market that Failed. Chapter 3-6 and 12.

Ahluwalia, M. 2002. Economic reforms in India since 1991: Has Gradualism Worked?

Journal of Economic Perspectives. http://www.jstor.org/stable/3216951 .

Chandrasekhar, C.P. 2011. India's New High Growth Trajectory: Implications for Demand,

Technology and Employment. Indian Journal of Labour Economics.

www.networkideas.org/featart/oct2011/c_p_ chandrasekhar .pdf

Nagaraj, R. 2013. India's Dream Run: Understanding the boom and its aftermath.

Economic and Political Weekly. http://www.epw.in/special-articles/indias-dream-run-2003-

08.html

Thomas, J.J. India's Labour Market during the 200s: Surveying the Changes. Economic

and Political Weekly. http://www.epw.in/special-articles/indias-labour-market-during-

2000s.html

Ramakumar, R. 2010. Continuity and Change: Notes on Agriculture in 'New India'. In

Anthony D' Costa (ed.) A New India: Critical Reflections in the Long Twentieth Century.

Anthem Press.

Sen, A. And J. Dreze. 2011. Putting Growth in its place. Outlook, Nov. 14.

http://www.outlookindia.com/article.aspx?278843

7. Poverty and Food Security in India: 4 hours

Readings

Subramanian, S. The Poverty Line. OUP., Selected pages

Himanshu. 2007. Recent Trends in Poverty and Inequality. Economic and Political Weekly.

http://www.epw.in/special-articles/recent-trends-poverty-and-inequality-some-preliminary-

results.html

Swaminathan, M. 2009. Neo-liberal Policy and Food Security in India.Impact on the Public

Distribution System. http://www.ideaswebsite.org/ideasact.php?&cid=13&title=International

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%29,%2013%20-15,%20March%202009 .

(More readings on this topic would be given later)

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