India : Reducing Poverty, Accelerating Development

India : Reducing Poverty, Accelerating Development

Reducing poverty, and providing for minimum needs, is the ultimate yardstick against which to measure development. To this end, the study outlines India's growth rate, improved social indicators, and poverty reduction since the 1970s, but spec...

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Bibliographic Details
Main Author:	World Bank
Format:	Publication
Language:	English English
Published:	New Delhi: Oxford University Press 2013
Subjects:	ACCOUNTABILITY ACCOUNTING ACCOUNTING FRAMEWORK ADMINISTRATIVE REFORMS ADVERSE CONSEQUENCES AGRICULTURE ANNUAL GROWTH RATE ASSOCIATED COMPANIES AUDITING AUTONOMY BALANCE OF PAYMENTS BUSINESS ENVIRONMENT CAPITAL ADEQUACY CAPITAL EMPLOYED CAPITAL EXPENDITURES CAPITAL FORMATION CD CERTIFICATE OF DEPOSIT CIVIL SERVICE COMMERCIAL BANKS COMPETITIVE MARKETS COMPETITIVENESS CONSUMER PRICE INDEX CONTRACT ENFORCEMENT CORPORATE GOVERNANCE CORPORATE SECTOR CPI CRISES DATA ANALYSIS DEBT DECENTRALIZATION DEPOSITS DEREGULATION DEVELOPING COUNTRIES DIRECT INVESTMENT DOMESTIC DEMAND DUMPING ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC RESEARCH EMPLOYMENT ENTERPRISE GOVERNANCE EXCHANGE RATE EXPENDITURES EXPORT EXPORTS EXTERNAL DEBT FINANCIAL MANAGEMENT FINANCIAL SECTOR FISCAL DEFICITS FISCAL YEAR FOOD POLICY RESEARCH FOREIGN ASSETS FOREIGN EXCHANGE GCR GDP GNP GNP PER CAPITA GOOD GOVERNANCE GOVERNANCE DATA GOVERNANCE INDICATORS GOVERNANCE ISSUES GOVERNMENT FINANCE GROSS DOMESTIC PRODUCT GROSS FIXED CAPITAL FORMATION GROSS NATIONAL PRODUCT GROWTH GROWTH RATE GROWTH RATES HEADCOUNT INDEX HEALTH OUTCOMES HEALTH SERVICES HEALTH SURVEY HUMAN DEVELOPMENT IMPORTS INCOME INFANT MORTALITY INFLATION INSURANCE INTEREST RATES INTERNATIONAL LABOUR LIQUIDITY LOCAL GOVERNMENT LONG TERM M3 MACROECONOMIC POLICIES MARKET PRICES MONETARY POLICY MPC OIL PARLIAMENT PER CAPITA INCOME POLICY CHANGES POVERTY LEVELS POVERTY REDUCTION PRIMARY EDUCATION PRIMARY SCHOOL PRIVATIZATION PRODUCERS PRODUCTIVITY PROPERTY RIGHTS PUBLIC AGENCIES PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC OFFICIALS PUBLIC SECTOR PUBLIC SERVICES PURCHASING POWER PURCHASING POWER PARITY RATE OF EXCHANGE REDUCING POVERTY REGULATORY FRAMEWORK REGULATORY FRAMEWORKS RESERVE BANK OF INDIA RESOURCE MOBILIZATION REVENUE EXPENDITURES RULE OF LAW RURAL POVERTY SAVINGS SECURITIES SHORT TERM SOCIAL INDICATORS SOCIAL JUSTICE SOCIAL SECURITY SOCIAL SERVICES TARIFF BARRIERS TAX ADMINISTRATION TAX REFORMS TAX REVENUE TAX STRUCTURE TEAM MEMBERS TELECOMMUNICATIONS TOTAL FACTOR PRODUCTIVITY TRADE BALANCE URBAN POPULATION VALUATION VALUE ADDED WAGE RATES WHOLESALE PRICE INDEX WORLD TRADE ORGANIZATION WTO POVERTY REDUCTION MACROECONOMIC POLICY HEALTH DELIVERY EDUCATION DELIVERY PERFORMANCE INDICATORS MANAGEMENT DEVELOPMENT GOVERNANCE CAPACITY PUBLIC ADMINISTRATION SUBSIDIES CIVIL SERVICE REFORMS BUDGETARY PROCESS INFRASTRUCTURE PRIVATIZATION PRIVATE INVESTMENTS REGULATORY AGENCY TRADE EXPANSION LABOR DEMAND REFORM POLICY CAPITAL INFLOWS FOREIGN DIRECT INVESTMENTS
Online Access:	http://documents.worldbank.org/curated/en/2000/01/436952/india-reducing-poverty-accelerating-development http://hdl.handle.net/10986/15185

Description
Summary:	Reducing poverty, and providing for minimum needs, is the ultimate yardstick against which to measure development. To this end, the study outlines India's growth rate, improved social indicators, and poverty reduction since the 1970s, but specifies that, despite this progress, poverty is a serious concern, where social indicators remain below comparator countries. Human development is examined, focusing on social indicators, stating the delivery of health and education is fraught with limited accountability for performance and with low management capacity. Governance is critical to development, but the country's inadequate and adverse factors hinder the development of public administration, instead, performance incentives, and accountability within a downsized civil service, effective financial management, and decentralization should be pursued. Infrastructure should attract private investments, but the perverse impact of subsidies preclude the provision of private services. However, regulatory agencies are imperfect alternatives to competition, but corporatization would be an essential step in attracting the private sector. The study further reviews deregulation to increase trade growth and improve labor market flexibility. Conclusions call for reforms, arguing it would lead to higher growth, favorable balance of payments, and further capital inflows, including foreign direct investments.

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