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List of Tables; List of Figures; List of Boxes; List of Statistical Profile; List of Abbreviations; List of Contributors; 1. OverviewaAccelerating Growth and Development Challenges in Short and Long Terms - S. Mahendra Dev and C. Veeramani; Introduction; Macroeconimic Performance; Sectoral Issues; Social Development and Welfare Issues; Environmental and Sustainability Issues; Way Forward for aGood Daysa; References; 2. Macroeconomic Developments and Challenges for Growth - Manoj Panda; Introduction; Macroeconomic Developments; Policy Challenges for High Growth; Conclusion; References; 3. External Shocks - Ashima Goyal; Introduction; The Degree of Openness; CAD: Excess Demand or External and Sectoral Shocks? Policy Failures; Reducing the Impact of External Shocks on the Exchange Rate; Exchange Rate Regime and Inflation Targeting; The Way Forward; References; 4. Unravelling Indiaas Inflation Puzzle- Pankaj Kumar and Naveen Srinivasa; Introduction; Estimating Indiaas Potential Growth: A Time Series Approach; Evaluating the RBIas Policy Response to these Developments; Conclusion; References; 5. Investment Growth Nexus: Cyclical Evidence from India - R. Krishnan and Rajendra R. Vaidya; Introduction; A Brief Literature Review; Data Sources and Behaviour of Components of Investment; Methodology: Measuring the Cyclical Component; Empirical Results; Conclusion; References; 6. The Changing Face of Rural India - Shovan Ray; The Diversity of Indian Experience; Working Patterns across Sectors; Irrigated, Coastal, and Rainfed Farming Systems; Rural Livelihoods; Rise in Rural Non-farm Activities; Migrations and Their Trails; Rural Incomes, Poverty and Deprivations; Amenities of Rural Life in India; Conclusion; References; 7. Dynamics of Firmsa Competitive Behaviour in Indian Manufacturing Industries: 1971a2010 96 - Rupayan Pal; Introduction; Policy Background; The Data; Evolution of PCM across Manufacturing Industries: 1971a2010; Econometric Evidence: Firmas Characteristics, Reforms, and Firm-level PCMs; Drivers of Industry-specific Competitive Dynamics: A Decomposition Analysis; Conclusion; References; 8. Small Enterprises in Indian Manufacturing and Inclusive Growth: Search for Compensatory Mechanisms - K.V. Ramaswamy; Introduction; Role of Small Enterprises in Employment, Job Creation, and Poverty; Evolution of Size Structure and Compensatory Mechanism; Data and Definitions; Employment Change by Type of Enterprise: 2001a11; What Could Be Done to Boost Small Enterprises and Employment Growth?; Conclusion; References; 9. Corporate Debt Market in India: Issues and Challenges - Rajeswari Sengupta and Vaibhav Anand; Introduction; Current Status of Indian Corporate Debt Market; Supply Side Issues; Analysis of the Recent Public Issuances; Recent Steps to Address Supply Side Issues; Demand Side Issues; Recent Steps to Address Demand Side Issues; Secondary Market Issues; Wholesale Debt Market (WDB); Risk and Hedging Related Issues: CDS; Risk and Hedging Related Issues: Interest Rate Futures; Conclusion; References; 10. Oil and Natural Gas Price Reforms and Its Impacts on Indian Agriculture - A. Ganesh-Kumar and Nitin Harak; Introduction; Oil and Natural Gas SectoraSome Stylized Facts; Agriculture and Its Linkages with the Oil and Natural Gas Sector; Methodology and Data; Scenario Specification; Results; Conclusion; References; 11. Food Inflation in India: Implications for Food Security and Policy Options - S. Mahendra Dev, Vijay Laxmi Pandey, and Andaleeb Rehman; Introduction; Elements of Food Inflation; Persistence in Inflation; Factors Driving Food Inflation; Inflation in Some of the Specific Commodities; Policies for Reduction in Food Inflation; References; 12. Food Security in India: A Review of Current Debates - Sudha Narayanan; Introduction; The Challenge of Food Security in India; The National Food Security Act: Claims and Contestations; India and the WTO Agreement on Agriculture; Sustainable Nutritional Security; Conclusion; References; 13. Health and Health Care in India: Current Scenario and New Challenges - Subrata Mukherjee; Introduction; Linkages between Health, Poverty, and Development; Health Status; Access to and Utilization of Health Care; Health Expenditure and Health Financing; Health Interventions and Programmes; Emerging Issues; Conclusion; References; 14. Assessing Health Care Scenario and Willingness to Pay for Health Insurance in Slums of Mumbai and Its Periphery - Basudeb Chaudhuri, Namrata Gulati, Apara Banerjee, Ahana Roy, Imdadul Halder, and Safayet Karim; Introduction; Existing Health Insurance Schemes; Health Insurance Schemes for Maharashtra; Methodology; Main Findings from the Survey; Willingness to Pay for Health Insurance; Factors Impeding Health Insurance Affiliation; Conclusion; References; 15. Bridging the Welfare Gap? Corporate Social Responsibility in India - Jayati Sarkar and Subrata Sarkar; Introduction; CSR in IndiaaThe Legal Framework; Why Corporate Social Responsibility?; Regulatory Approaches to CSR; Looking Back to Look Forward: CSR Practices of Indian Companies; Mandatory CSR: Prospects and Challenges; References; 16. By Chance or Design: Indiaas Makeover since 2001 - S. Chandrasekhar; Introduction; Where does India Live?; Progress towards Development Goals; Concerns over Labour Market; Financial Inclusion; Looking Ahead; References; 17. Climate Change and Its Impacts: Understanding Some Facts, Myths, and Controversies - Vinod Kumar Sharma; Introduction; Some Global Warming Facts; Climate Change Negotiations; Myths and Controversies; Stance of Developing Countries; The Way Forward; Conclusion; References; 18. An Odyssey to Sustainability: The Urban Archipelago of India - B. Sudhakara Reddy; Prologue; Methodology; Growing Cities, Green Cities, and aJusta Cities; SustainabilityaAn Elusive Goal?; The Task Ahead; References; 19. Indian Transportation and Its Sustainability - Sudhakar Yedla; Indian TransportationaTh e Present Situation; Transportation and Sustainability Issues; Indian Planning and Sustainable TransportaWay Forward; References; A Statistical Profile of India’s Development

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