Perspectives on Economic Development and Policy in India

Prof. K.L. Krishna is currently Chairperson of Madras Institute of Development Studies. He has been leading the India KLEMS Productivity project, funded by the Reserve Bank of India, as part of the World KLEMS Initiative, since 2009. In the past, he has served as Director, Delhi School of Economics; Head, Department of Economics as well as Dean, Faculty of Social Sciences, University of Delhi. He was also Executive Director, Centre for Development Economics; Founder Managing Editor, Journal of Quantitative Economics; and President, The Indian Econometric Society. He did his Ph.D. in Economics from the University of Chicago and is an expert on econometrics, industrial economics, economics of productivity, regional inequality and empirics of trade.Prof. Vishwanath Pandit is former Vice-Chancellor of the Sri Sathya Sai Institute of Higher Learning (Deemed University). He has served as Head of the Department of Economics, Delhi School of Economics and is former Executive Director of Centre for Development Economics and President of The Indian Econometric Society. He was honoured with the UGC Swami Pramavanada Saraswati National Award for 2004. He completed his Ph.D. from the University of Pennsylvania under Late Nobel Laureate Prof. Lawrence Klein and has worked extensively on macroeconomics and policy modelling, especially in the context of India.Prof. K. Sundaram is Chairman, Advisory Committee on National Accounts Statistics, Central Statistical Organization, GoI and member, Expert Group to Review the Methodology for Measurement of Poverty, Planning Commission, GoI. He served as Head, Department of Economics as well as Dean, Faculty of Social Sciences, University of Delhi. Additionally, he was Regional Adviser, Asia and Pacific, International Labour Organization (Bangkok) and was associated with the National Sample Survey Organization, GoI. He received his Doctorate from the Delhi School of Economics and his research interests cover population and development; employment, unemployment and poverty in India; and, public finance.Prof. Pami Dua is Director and Professor of Economics, Delhi School of Economics as well as Chairperson, Research Council and Dean, Academic Activities and Projects, University of Delhi. She is currently serving as a member of the Monetary Policy Committee of the Reserve Bank of India. She is also former President of the Indian Econometric Society. She obtained her Ph.D. in Economics from London School of Economics and has published widely in time series econometrics, forecasting, macroeconometrics and business cycle analysis. >

• Chapter 1. Introduction (K.L. Krishna, V. Pandit, K. Sundaram and Pami Dua).- Chapter 2. Planning, Poverty and Political Economy of Reforms: A Tribute to Suresh Tendulkar (T.N. Srinivasan).- Chapter 3. What Kinds of Economic Inequality Really Matter? (Thomas E. Weisskopf).- Chapter 4. Variable Populations and the Measurement of Poverty and Inequality: A Selective Overview (S. Subramanian).- Chapter 5. Some Recent Trends in Population, Employment and Poverty in India: An Analysis (K. Sundaram).- Chapter 6. Assessment of Well-being in Multidimensional Perspective in Post Reform India (R. Radhakrishna, C. Ravi and B. Sambi Reddy).- Chapter 7. Estimation of Calorie Norms and Measurement of Food Intakes: Some Implications for the Magnitudes of the Prevalence of Undernutrition in India (J.V. Meenakshi and Brinda Vishwanathan).- Chapter 8. Capital Flows and Exchange Rates: The Indian Experience (Pami Dua and Partha Sen).- Chapter 9. Determinants of Import Intensity of India’s Manufactured Exports Under the New Policy Regime (Bishwanath Goldar).

“The book is a collection of papers in honor of Professor Suresh D. Tendulkar … . I should point to the excellent introduction by the editors that provides a key summary of Prof. Tendulkar’s academic work and locates the articles in this collection related to that body of work. The book should be read by anyone seeking to understand the issues in Indian policymaking as well as those looking for ideas to do future research.” (T. C. A. Anant, Indian Economic Review, Vol. 52, 2017)