"The Indian economy continues to grow rapidly, taking in its stride poor harvests and rising oil prices. Industrial output, which had tended to be relatively low, has increased to double-digit levels, accompanied by rising levels of savings and investment. India's healthy export performance has resulted in increased amounts of foreign exchange reserves, insuring against a large balance of payments (BOP) deficit in the future. An important factor in this process has been India's relative political stability. Democracy is well entrenched and changes of government occur reasonably peacefully.

In there a fly in the ointment? Could the growth process slacken or can it be accelerated further? What are the constraints to maintaining a high rate of growth over the next decade or two? These questions acquire special significance was we try to understand long-term growth in the current context of global economic slowdown. The papers in this volume seek to answer these questions." 
                                                                                                                                                                    [from Blurb]

Contents

List of Tables and Figures

Acknowledgements

List of Contributors

Introduction / Manmohan Agarwal

Section 1 
Macro Policy, Technology and Growth

1. Maintenance of a High Rate of Growth : A Macroeconomic Perspective / Manmohan Agarwal

2. Emerging through Technological Capability? Analysing India's Technological Trajectory / Amit Shovon Ray

3. Determinants, Constraints and Impact of Foreign Direct Investment : India-China Comparison / N. S. Siddharthan

4. Agricultural Development Policies and Growth of Indian Agriculture / Ramesh Chand

Section 2 
Education

5. School Education : A Constraint to the Sustainability of High Growth Rate in India / Muchkund Dubey

6. Dream India : Is its Education Competitive Enough? / P. V. Indiresan

7. Reservations and the Idea of Fairness : Quotas for OBCs in Higher Education / Gurpreet Mahajan

Section 3 
Sustainability, Energy and Environment

8. Energy and High Growth in India : Sustainability Issues / Yoginder K. Alagh

9. Sustainability of India's Economic Growth / Aparna Sawhney

Conclusion

"Manmohan Agarwal former Professor, Centre for International Trade and Development, School of International Studies, Jawaharlal Nehru University (JNU), is Senior Visiting Fellow at The Centre for International Governance Innovation (CIGI), Canada. He has a long and distinguished record of expertise in international trade, development and economics as it relates to Asia, and especially to India." 
                                                                                                                                                                [from Blurb]