Foreign Aid And India S Economic Development

The role of USA in economic development of India. Economic aid in connection with agriculture and rural development, industrialization, medical care, education, the infrastructure, etc. Bibliography pp. 233 to 240.

Much about India's economy and aid flows has changed in the last two decades. India's growth rate has quickened since economic liberalisation, the poverty head count has fallen and the volume and composition of its aid have changed as new issues of climate change and the environment have emerged.. Yet Does Aid Work in India?, first published in 1990, remains of great interest as a study of aid effectiveness in India's pre-liberalisation era. It identifies those sectors where aid-funded interventions succeeded, and where they failed. It explains how India avoided problems of aid dependence, and managed the political tensions that are associated with aid policy dialogue. More generally, it contains a useful commentary on and criticism of donors' aid evaluation procedures at that time and it highlights donor efforts in the difficult area of institution building. Despite the passage of time, many of the insights from India's earlier experience remain highly relevant to key issues of development assistance today.

This book addresses topical development issues in India, ranging from land acquisition, poverty alleviation programs, labor market issues, the public-private partnership (PPP) model and fiscal federalism. It offers an Indian perspective on the dynamics of economic development and the impact the country’s legal and public policies have on it. Economic development is a dynamic concept – old problems are solved, while at the same time new issues come to the fore. The emergence of these issues is unique to the development experience of an economy. The book includes sixteen recent contributions and is divided into four sections: law and contract; trade and foreign aid; issues in public economics; and the social sector and poverty alleviation. The chapters reflect on a number of development issues which were of concern for India in the recent past and will be important in her future development initiatives such as land acquisition, agricultural productivity, employment, protection of intellectual property rights, corruption, public-private partnership, regional development, poverty alleviations programs like the National Rural Employment Guarantee Act (NREGA) and the training of self-help group members, health and education of women, to name a few. The book is a valuable reference resource for policy practitioners and researchers working on the economics of development with special focus on developing economies.