ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles By Ravindra H Dholakia

Regional Sources of Growth Acceleration in India

Gujarat, West Bengal, Karnataka, Maharashtra, Kerala and Tamil Nadu were the major contributors to the growth acceleration in India after 1991-92. Although regional disparity may increase temporarily, the causality test provides support to the hypothesis about spread effects. The regional growth targets assigned by the Eleventh Plan in India seem to rely on the spread effects of economic growth acceleration in the better-off states to achieve its 9% growth target and reduce regional disparity in the long run. To strengthen the spread effects, the domestic economy should be further integrated and interlinked with free flow of goods, services and factors of production.

Feasibility of Implementation of Right to Education Act

This article argues that even an allocation of 6% of the gross domestic product to the education budget would not be sufficient to fund universal school education until the very distant future if the government school system is used as the only instrument. The only way to meet the Right to Education obligation is to rely on low cost private schools as a significant instrument of the government education policy. On the contrary, the proposed rte bill introduces provisions that would oppose low cost private schools. Therefore, the legislation for rte needs to be modified and framed with specific provisions for private-public partnerships.

Fiscal Space with States and the Sixth Pay Commission

This article estimates the fiscal space available with the state governments, in case they implement the Sixth Central Pay Commission recommendations. It prepares base case estimates for the fiscal space based on liberal and plausible assumptions and shows that most of the states have the space to incur the estimated additional expenditure. Some states are likely to face difficulties in the initial one or two years. However, they can consider several options to overcome the problem.

Understanding Indian Economic Growth:Some Observations

 Discussion Understanding Indian Economic Growth: Some Observations Ravindra H Dholakia The history of economic growth after independence in India has been an active field of empirical research leading to debates on effectiveness of policy regimes. The latest contribution by Balakrishnan and Parameshwaran (henceforth B-P, 2007), published in EPW on July 14, applying the state of the art statistical techniques to find breakdates in the time trend of the gross domestic product (GDP) endogenously, is a welcome addition to this literature. The purpose of this note is to consider a few findings of earlier studies (missed out by B-P 2007) and thereby add to our outstanding of Indian economic growth. Had B-P gone back to 1992 for selecting their references, they would have found at least three studies directly relevant to their methodology and findings. These appeared in the Indian Economic Journal [Ganesh Kumar 1992], Indian Economic Review [Dholakia R H and Dholakia B H, 1993] and EPW [Dholakia R H 1994]. The first one applied the state of the art statistical techniques (available at that time) to the Indian GDP data from 1950-51 to 1989-90 and found breakdates for three broad sectors

Sources of Economic Growth and Acceleration in Gujarat

This article examines the growth experience of Gujarat in 17 sectors during the pre-reform period of 1980-92 and the reform period of 1991-2004, identifying strengths and weaknesses. It identifies episodes of high economic growth in each sector in the state over the last two decades and then derives the plausibly optimistic growth potential of the state. In order to examine the feasibility of such optimistic growth targets, a preliminary attempt is made to estimate traditional sources of economic growth in Gujarat in the neoclassical growth accounting framework for the primary and non-primary sectors in the two sub-periods. The article also offers a strategy and policy changes necessary to ensure that higher growth in Gujarat does not take place at the cost of other states, but benefits the nation as a whole.