NEHRU DEVELOPMENT MODEL : History and Its Lasting Impact
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- Haryana Penguin Viking 2024
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At Independence, Pandit Jawaharlal Nehru, India’s first prime minister, embarked upon a political and an economic project. His political project—to put India on the democratic path—was a resounding success.
This success, though, was marred by an equally resounding failure of Nehru’s economic project, built on the development of heavy industry, an expanding public sector, and relative isolation from world markets. It failed to produce the growth necessary to rid India of poverty and bequeathed an ethos that made a switch to an outward-oriented, pro-market economy a real challenge in the post-Nehru era. This line of thinking remains entrenched in the Indian political, intellectual, bureaucratic, and business constituencies.
This book by renowned economist and policymaker Arvind Panagariya is an attempt to systematically document the economic history of the Nehru era and its impact on contemporary economic thought and post-Nehru economic policymaking.
How did this system evolve? What was the influence of Nehru’s thinking on it? Above all, how did the economic history and thought of this era affect subsequent policymaking in India? These are the big questions that this volume attempts to answer.
1. Economic Thought: Nehru and Others 2. Nehru: Radical to Fabian Socialist 3. Nehru Development Model 4. Other Contemporary Influential Voices 5. Industrial and Labour Policies 6. Implementation : Target Setting and Industrial Licensing 7. Liberal Import Regime: 1882-1956 8. Highly Restrictive Import Regime : 1957-1964 9. Export and Foreign Investment Polices 10. Growth, Industrialization and Poverty 11. Political Leadership I:1950-84 12. Political Leadership II:1955-2023 13. Institutions and Business Community 14. Economists and Other Policy Analysis 15. Afterthought 16. Statement of Industrial Policy, April 1945 17. Government of India Resolution on Industrial Policy, 6 April 1948 18. Industrial Policy Resolution, 30 April 1956 19. Statement Made By Prime Minister in the Constituent Assembly of India (Legislative), 6 April 1949
9780143466567
Purchased Prism Books, Kadavanthra
Economics Economic geography and history Asia Indian subcontinent