India World Forum

Affiliations such as nationality are not only matters of entitlement, they all also involve attachment and responsibility. In a rapidly changing country, as India certainly i s, one of the duties that we have as Indians is to ask: what kind of a country this i s . This may lead to the further question: what does it demand of us, at this time? I am very aware that it is rather reckless to ask grand questions of such apparent naivety. But since I don't indulge in other dangerous activities, like taming lions, or being on the trapeze, or standing for parliamentary elections, perhaps I ought to show some bravery and foolhardiness here. Hence this lecture. Amartya Sen on Indian History , Indian Culture ,  Indian Politics and Indian Economy India is of course a large country, with a huge population. The relative size of the Indian population is not a new phenomenon, contrary to the presumption, which seems fairly common in the world today, that India has become relatively enormo...

India’s Economic reform programme began in the middle of a macroeconomic crisis that erupted in early 1991.* This led to what is known as the New Economic Policy announced by the Govt. of India in July 1991, which was also followed by the announcement of the New Industrial Policy, which included the abolition of the location policy. During the last decade the Govt. of India have initiated as well as implemented a number of economic and financial reforms in various sectors of the Indian Economy. These reforms are mostly related to the process of Liberalization, Privatization and Globalization of the Indian Economy. The most important impact of this LPG model on the Indian Economy has been a very high rate of growth of Gross Domestic Product, ranging between 7% and 8.2%. India has never achieved such a high growth rate of the economy since Independence in 1947. This could be considered as a major achievement of the country during the last decade. Jobless Growth: But, this high ra...