Development and Sustainability

Chapter 1: Introduction.- Chapter 2: Rethinking and Theorizing the Indian State In the context of New Economic Map.- Chapter 3: Global Financial Crisis: What Did We Know, What Have We Learnt?.- Chapter 4: Volatility, Long Memory and Chaos: A Discussion on some "Stylized Facts" in Financial Markets with a focus on High Frequency Data.- Chapter 5: Globalization and Labour Markets.- Chapter 6: Production Performance of Indian Agriculture In the Era of Economic Reforms.- Chapter 7: Under the Shadow: Pricing and Marketing in Indian Agriculture in Globalisation.- Chapter 8: Promoting Entrepreneurship among Women in Agriculture.- Chapter 9: Construction & Engineering Industry of India in PPP Regime With a Special Focus on Airport Development.- Chapter 10: Performance Evaluation Techniques: An Application to Indian Garments Industry.- Chapter 11: Telecommunications Industry in the Era of Globalization with Special Reference to India.- Chapter 12: Market Structure of Crude Steel Industry and India's Position in the Era of Globalization.- Chapter 13: Nabadiganta - A new horizon? Patriarchy, Globalization and women's agency in the IT sector.- Chapter 14: Dualism in the Informal Economy: Exploring the Indian informal manufacturing sector.- Chapter 15: Indian Gems and Jewellery Industry: An Enquiry into the Nature of Competitive Advantage.- Chapter 16: On Assessment of Women Empowerment at Individual Level: An Analytical Exposition.- Chapter 17: Sustainable Poverty Reduction: Credit for the Poor.- Chapter 18: Employment Guarantee and Natural Vulnerability: A Study of MGNREGA in Indian Sundarbans.- Chapter 19: Inequality, Public Service Provision and Exclusion of the Poor.- Chapter 20: Stakeholder Attitudes and Conservation of Natural Resources: Exploring Alternative Approaches.- Chapter 21: Indoor Air Pollution and Incidence of Morbidity: A Study on Urban West Bengal.- Chapter 22: Efficient Pollution Management through CETP: The Case of Calcutta Leather Complex.- Chapter 23:

Sarmila Banerjee is currently the Rajiv Gandhi Chair Professor of Eco-systems and Sustainable Development at the University of Calcutta. She has served in the Faculty of Economics at the same institution for more than three decades. She obtained her Ph.D. degree in Economics from the University of Florida, Gainesville, USA and carried out her post-doctoral research on Environmental Economics at the University of California, Santa Barbara, USA. Her teaching interest focuses on Econometrics and Environmental Economics; her research interest is primarily in Quantitative Aspects of Sustainable Development. She is the coordinator of the UGC-SAP program in her Department and Convener of the University of Calcutta's Ph.D. Program in Economics. She is connected with different academic institutions and research networks in India and abroad through her active involvement in capacity building and curriculum development.

  Anjan Chakrabarti received his PhD in Economics from the University of California, Riverside and is currently a Professor of Economics at the University of Calcutta. He is the Chairperson of the Undergraduate Board of Studies in Economics and a Committee Member of the University of Calcutta's Ph. D. Program in Economics. His teaching interest is in Political Economics, History of Economic Ideas and Macroeconomics, while his research interest revolves around Political Economy, Development Economics, Indian Economics and Political Philosophy. He has published five books and over thirty academic articles to date. His published books include 'Transition and Development in India' and 'Dislocation and Resettlement in Development: From Third World to World of the Third,' both from Routledge, and 'World of the Third and Global Capitalism" from Worldview Press. He is the recipient of Dr. V.K.R.V. Rao Prize in Social Science Research in Economics for the year 2008.

"The edited volume under review focuses on the changing contour of the Indian economy while globalization and sustainability were selected as the two points of entry. ... The volume will prove to be a treasure trove for sincere readers of the Indian economy as well as for researchers keen on picking up new techniques or interested in deriving distinct analytical insights." (Sarmishtha Sen, Journal of Economics and Political Economy, Vol. 2 (3), September, 2015)

"The essays in this volume, which study a very wide range of different aspects of the Indian economy, provide an exceptionally rich intellectual fare to the reader.  They yield numerous insights and are uniformly stimulating irrespective of whether one agrees with all the arguments and conclusions.  The editors, Professors Sarmila Banerjee and Anjan Chakrabarti, deserve our gratitude for this very valuable collection of essays on the Indian economy."



Prasanta K. Pattanaik
Professor of the Graduate Division,
Department of Economics,
University of California, Riverside



"The Indian economy has entered a new liberalized regime of development following the unprecedented economic crisis of 1991. This edited volume offers a stimulating discussion on some major developments observed to have taken place in the economy during the first two decades of the post-liberalization era, with a focus on the associated sustainability issues. The individual papers of the volume deal with a variety of topics in areas of role of the state, integration of Indian markets with their global counterparts, emerging issues in agriculture, infrastructure and industry, social sector development, resource and environment, and finally, exclusion and social security, which are based on careful researches that have used up to date data and methodology, as required. These papers have drawn important conclusions which may induce a new perspective of viewing the