Indian Economic Policy and Development

P. T. Bauer

• Publisher: Routledge
• Year: 2012
• ISBN:
  9781136878503
• Edition: 1
• Topic: Economics
• Subtopic: Development Economics
• Index: Economics

Professor Bauer's book, first published in 1961, reviews the major elements of contemporary official Indian development policy, considers their economic implications and their probable political and economic results. He then examines alternative approaches to the promotion of development. The development plans, notably the Second Five Year Plan and the official outlines of the Third Plan, receive major attention, but the author also considers other official policies and measures affecting economic development, which do not usually figure prominently in the formal development plans.

Specific themes which Professor Bauer considers are: the influence of social customs and attitudes on economic progress; the relationship between investment expenditure and economic development; inter-relationships between agriculture and industry; the heavy industry programme; the controls over the private section; the relation of Plan finance to the foreign exchange crisis; the role of foreign aid; and the importance of certain major political objectives.

INDEX

Agricultural output: for export, 67

and Second Five Year Plan, 54, 66

and Third Five Year Plan, 126

of food grains, 67

increase in, need for, 56, 57

and industry, relationship between, 57, 63, 65, 66

and inflation, 39

Agricultural resources, dangers in diversion of, 68

Agriculture: attitude towards animals, effect on, 23-25

and co-operative movement, 79, 80

and Second Five Year Plan, 31, 97, 100

government’s task in, 80

and land reform, 78

methods of, 15

Animal husbandry, and Second Five Year Plan, 27n.

and Third Five Year Plan, 66

Animals, attitude towards, 23-25, 29

Appraisal and Prospects of the Second Five Year Plan, 34n., 46n., 47, 48

Army, Indian, and labour force, 115

Beggary, 25, 26

Bhagat, Mr. Baleram, 106

Brahmananda, Dr. P. R., 69, 70

British Administration, effects of, 19

Capital: control over, effects, 86, 124

foreign, deterrents to inflow, 90

and industry (heavy), 58

and managing agencies, 93

and private enterprise, 90

and taxation, 93

Capital goods, and heavy industry development, 63

Caste in India (Professor J. H. Hutton), 21, 22

Castes, numbers of, 19, 20n.

Caste system, decline of, 20

economic restrictions of, 20

and government (central), 22

and manual labour, 20

Cattle, killing of; legislation, 23; and Moslems, 24

Cattle population, 24, 25

China, and industrialization, 110

People’s Army in, 115

Chinese economy, compared with India, 138, 139

Chinese planning, influencing India, 110-14

Civil Servants, effect on economy, 89

Communism, and co-operative farming, 79

in India, 139

Community Development Programme, 100

Concurrent Resolution (of United States Senate), 128, 130

Congress: and co-operative farming proposals, 79

disillusionment w...

Table of contents

• Cover
• Halftitle
• Title
• Copyright
• Preface
• Contents
• Introduction
• I. Aspects of The Indian Economy
• II. The Second Five Year Plan: Public Investment and Development
• III. The Second Plan: Co-Operation, Land Reform and Cottage Industry
• IV. The Private Sector Under The Plan
• V. Indian Planning and Economic Advance
• VI. The Politics of Indian Planning
• VII. The West and India: Alternative Policies
• Appendix
• Index