Table of contents

CONTENTS: VOLUME I

Acknowledgements
Preface
Abbreviations
Ten New Facts on the Indian Economy

1. State of the Economy: An Analytical Overview and Outlook for Policy
Overview: Short Term
Overview: The Medium Term
Recent Developments
Outlook for 2017-18
Outlook for 2018-19
2. A New, Exciting Bird's-Eye View of the Indian Economy Through the GST
Introduction
Taxpayers
Tax Base and its Spatial Distribution
Size Distribution of Inter-Firm Transactions
International Trade, Inter-State Trade and Economic Prosperity
Trading Superstars: Indian Export Egalitarian Exceptionalism
Informality of the Indian Economy
Conclusion
3. Investment and Saving Slowdowns and Recoveries: Cross-Country Insights for India
Introduction
Identifying Investment and Saving Slowdowns
Saving versus Investment: Growth Consequences
Recovery from "India-Type" Investment slowdowns
Conclusions: Policy Lessons for India
4. Reconciling Fiscal Federalism and Accountability: Is there a Low Equilibrium Trap
Introduction
Local Governments: What do we know?
State and Local Governments: Posing an entirely different question
Conclusion: A Low Equilibrium Trap?
5. Is there a "Late Converger Stall" in Economic Development? Can India Escape it?
Introduction
The ButEL
The Four Headwinds ("Horsemen")
Lessons for India
6. Climate, Climate Change, and Agriculture
Introduction
Temporal and Spatial Patterns of Temperature and Precipitation
Impact of Weather on Agricultural Productivity
Impact on Farm Revenue
Conclusions and Policy Implications
7. Gender and Son Meta-Preference: Is Development Itself an Antidote
Introduction
India and Other Countries
Performance of the Indian States
Son Preference: Skewed Sex Ratio at Birth (SRB)
Son "Meta-Preference": Sex Ratio of Last Child (SRLC) and "Unwanted" Girls
Conclusion
8. Transforming Science and Technology in India
Why Science
Inputs and Outputs: Some Evidence
Outputs
Expanding R&D in India: The Way Forward
9. Ease of Doing Business' Next Frontier: Timely Justice
Introduction
Pendency and Delay: Facts
Pendency and Delay: Possible Reasons
Pendency and Delay: Costs
Central Government Taxes: A Case Study
Expenditure on Administration of Justice
Policy Implications

Annexures

CONTENTS: VOLUME II

Acknowledgements

1. An Overview of India's Economic Performance in 2017-18
GDP growth in 2017-18
GDP and its Components
Savings and Investment
Public Finance
Prices and Monetary Management
External Sector
Prospects of Growth for 2018-19
Sectoral Developments
Sustainable Development, Energy and Climate Change
2. Review of Fiscal Developments
Receipts and Expenditure of Central Government
Receipts
Expenditure and Deficits
State and General Government
Annexure 1
Salient Measures under Indirect Taxes during 2017-18
Salient Measures Taken on Direct Taxes in the Budget 2017-18 and Thereafter
Annexure 2
Policy Initiatives on Investment Management in CPSES
3. Monetary Management and Financial Intermediation
Monetary Developments during 2017-18
Liquidity Conditions and its Management
Developments in the G-Sec Market
Banking Sector
Credit Growth
Non- Banking Financial Sector
Developments in Capital Market
Insurance Sector
4. Prices and Inflation
Introduction
Current Trends in Inflation
Drivers of Inflation
State-wise Inflation
Trends in Global Commodity Prices
Efforts to Contain Inflation
Conclusion
5. Sustainable Development, Energy and Climate Change
Sustainable Development Goals
National SDG Indicators and Baseline
Urban India and Sustainable Development
Access to Sustainable Energy
International Solar Alliance (ISA) Entered into Force
India and Climate Change
Current Multilateral Negotiations and Climate Change
Way Forward
6. External Sector
Global Economic Environment
India's Balance of Payments Developments
Composition of Trade
Trade Policy
Multilateral Negotiations
Trade Related Logistics
Anti-Dumping Measures
Foreign Exchange Reserves
Exchange Rate
External Debt
7. Agriculture and Food Management
Overview of Agriculture and Allied sectors
Gross Capital Formation in Agriculture and Allied Sectors
Production of Crops 2016-17
Kharif Production 2017-18
Sowing of Rabi Crops 2017-18
Dynamics of Agricultural Growth
Cropping Pattern in Indian Agriculture
Input Management in Agriculture
Mitigating Risks in Agriculture: Crop Insurance and Crop Loss
Agricultural Credit and Marketing Initiatives
Agriculture Research and Development
Food Management
The Way Forward
8. Industry and Infrastructure
Industry
Index of Industrial Production (IIP)
Eight Core Industries
Corporate Sector Performance
Foreign Direct Investment
Key Initiatives taken by the Government to Boost Industrial Performance
Sector Wise Issues and Initiatives
Steel Sector
MSME Sector
Textiles and Apparels
Leather Sector
Gems and Jewellery
Infrastructure Sector
Policy Intervention in the Road Sector
Railways
Metro Rail System
Civil Aviation
Shipping
Telecom
Power
Logistics Sector : Exploring the Unexplored
Petroleum and Natural Gas
Housing for All - Some Issues
9. Services Sector
International Comparison
India's Services Sector
Services GVA
State-Wise Comparison of Services
FDI in India's Services Sector
India's Services Trade
Major Services: Overall Performance
Major Services: Sector-Wise Performance and Some Recent Policies
Tourism
IT-BPM Services
Real Estate and Housing
Research and Development
Space Services
10. Social Infrastructure, Employment and Human Development
Trends in Social Sector Expenditure
Education for All
Progress in Labour Reforms
Political Empowerment of Women
Health for All
Swachh Bharat Mission (Gramin)
The Way Forward