Description
Cover -- Political Economy of Contemporary India -- Title -- Copyright -- Contents -- List of Tables and Maps -- List of Figures and Pictures -- Preface -- 1 Introduction: From 'Intermediate Regime' to Crony Capitalism -- Introduction -- I India's Political Economy: An Overview -- 1.1 -- 1.2 -- 1.3 -- II A Synoptic View of the Contributions -- 2.1 -- 2.2 -- 2.3 -- 2.4 -- III -- Endnotes -- References -- Economy-wide Considerations -- 2 The Relationship between the Reserve Bank and the Government of India: Political Economy of Central Banking in India -- Introduction -- Central Banking till 1985: A Hindu Marriage -- The Phase of Monetary Targeting (1986-1998): Emergence of a Joint Family System -- More Recent Period: Cracks in the Joint Family or Adulthood of the RBI -- Liberalising capital account of the BoP -- Public debt and the RBI -- To reduce or not to reduce (repo rate): the Hamletian dilemma of Central Banking -- Shape of things to come -- Conclusion -- Annex 1: list of RBI Governors -- Endnotes -- References -- 3 The Limits of Liberalization: The Power Sector -- Introduction -- Electricity Subsidies: Continuity and Change in the 'Basic Political Equilibrium' -- Agricultural power -- Plural elites -- Forging a Dual-Track System: India's Distinctive Dynamic of Institutional Change -- The segmented policy process -- The dual-track power sector -- The sustainability of the state-market hybrid -- Conclusion -- Endnotes -- References -- Political Economy by Regions of India -- 4 Political Economy of a Dominant Caste -- Introduction -- Multiple Crises of the Marathas -- Discourse of Backwardness -- Internal Stratification and Community Claims -- Conclusion -- Endnotes -- References -- 5 Populism and Party: Society Developmental Regimes in Tamil Nadu and West Bengal -- Introduction -- Dynamics of Economic Growth -- Distribution of Enterprises