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Poverty amid plenty in the new India

By: Kohli, Atul.
Publisher: New Delhi Cambridge University Press 2012Description: xiii, 249 p.ISBN: 9781107644441.Subject(s): Economics | Poverty - India | India - Economic conditions -1991- | Income distribution - IndiaDDC classification: 339.460954 Summary: India has one of the fastest growing economies on earth. Over the past three decades, socialism has been replaced by pro-business policies as the way forward. And yet, in this 'new' India, grinding poverty is still a feature of everyday life. Some 450 million people subsist on less than $1.25 per day and nearly half of India's children are malnourished. In his latest book, Atul Kohli, a seasoned scholar of Indian politics and economics, blames this discrepancy on the narrow nature of the ruling alliance in India that, in its newfound relationship with business, has prioritized economic growth above all other social and political considerations. In fact, according to Kohli, the resulting inequalities have limited the impact of growth on poverty alleviation, and the exclusion of such a significant proportion of Indians from the fruits of rapid economic growth is in turn creating an array of new political problems. This thoughtful and challenging book affords an alternative vision of India's rise in the world that its democratic rulers will be forced to come to grips with in the years ahead.
List(s) this item appears in: Angus Deaton (Nobel 2015)
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Books Vikram Sarabhai Library
Slot 1057 (0 Floor, East Wing) Non-fiction 339.460954 K6P6 (Browse shelf) Available 177877

Includes bibliographical references and index.

India has one of the fastest growing economies on earth. Over the past three decades, socialism has been replaced by pro-business policies as the way forward. And yet, in this 'new' India, grinding poverty is still a feature of everyday life. Some 450 million people subsist on less than $1.25 per day and nearly half of India's children are malnourished. In his latest book, Atul Kohli, a seasoned scholar of Indian politics and economics, blames this discrepancy on the narrow nature of the ruling alliance in India that, in its newfound relationship with business, has prioritized economic growth above all other social and political considerations. In fact, according to Kohli, the resulting inequalities have limited the impact of growth on poverty alleviation, and the exclusion of such a significant proportion of Indians from the fruits of rapid economic growth is in turn creating an array of new political problems. This thoughtful and challenging book affords an alternative vision of India's rise in the world that its democratic rulers will be forced to come to grips with in the years ahead.

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