Development and Economic Growth in India: Drivers for Indian States [Hardcover]

1. The Indian Growth Story 2. Growth Performance of Indian States 3. Inequality in Indian States 4. Sources of Growth in Indian States 5. Determinants of Productivity 6. Infrastructure and Regional Inequality 7. Political accountability and Development in Indian States

Notwithstanding the improved growth performance of India, development disparity across its states has widened in the first two decades of the 21st Century. This book examines development drivers of Indian states and what the necessary course corrections could be to achieve balanced regional growth.

The India growth story has attracted considerable attention and interest in development literature. From being a laggard, the country has now emerged as one of the fastest-growing countries in the world. Most commentators tell this story as a unitary one glossing over the fact that India is a federation of an assortment of states whose growth performance has been wildly divergent. Biswa Swarup Misras Development Drivers of Indian States takes us on an informed empirical excursion on the factors that explain the differential growth performance of Indian states. In this way, it is an essential addition to this small but growing literature on the economic performance of Indian states.

Sunil Mani, Director and Professor, RBI Chair, Centre for Development Studies, Trivandrum, Kerala

An Excellent book on Development Drivers of States by the author with a rich knowledge on the topic. The range of issues- growth and its decomposition, regional inequality, the impact of economic and social infrastructure on productivity and inequality, and political accountability in Indian States are outstanding research output of best standards on the subject.

K.R. Shanmugam, Director, Ml3)