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Need For Inclusive Reforms- Varying Perspectives

By Arun Kumar (Author)

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About The Book

A critical understanding about the practice of democracy in the context of economic reforms, for the last more than two decades, has been the need of the hour.

“I do not minimize the difficulties that lie ahead on the long and arduous journey on which we have embarked. But as Victor Hugo once said, “no power on earth can stop an idea whose time has come”. I suggest to this august House that the emergence of India as a major economic power in the world happens to be one such idea. Let the whole world hear it loud and clear. India is now wide awake. We shall prevail. We shall overcome”.

This was the ardent budget speech made by Dr. Manmohan Singh as the Finance Minister on watershed moment of July 24, 1991, which is the hallmark of the changed fortunes of the Indian Economy. If in 1947 India got politically independent, in 1991 it made its economy free. In 1990-91, India went through a severe economic crisis, it tried to respond it by opening the door of economy and it helped.

The three day colloquium on Need for Inclusive Reforms: Varying Perspectives proved to be the meeting ground and effective platform for academicians, resource persons, research scholars and teacher educators to exchange experiences, knowledge, queries and insights from various disciplines and to introspect about the numerous challenges to the country’s inclusive growth. This book is an attempt to comprehensively describe the genesis, advancement and prospects of economic reforms in India since 1991 and also endeavours to chronicles post liberalisation period in different context and approaches.

About the Author

Dr. Arun Kumar is Associate Prof. & Head, Department of Commerce, Feroze Gandhi College, Raebareli. He completed B.com., M.Com. and Ph.D. from University of Allahabad, Allahabad. In 1988 he joined the Department of Commerce, Feroze Gandhi College, Raebareli as lecturer. He has to his credit more than 70 research papers published in National and International Journals of repute. He has successfully completed two major and two minor research projects sponsored by UGC and also a Post Doctoral Fellowship was awarded under his supervision by UGC. Twelve students have been awarded Ph.D. under his guidance and two are pursuing their research work. Dr. Kumar’s area of research is Public Sector Enterprises, Merger & Acquisition, Transfer Pricing, Public Private Partnership etc. He has been Key-note speaker, Chairperson, Invited speaker and also presented papers in more than 50 National and International Conferences in India and abroad. He hasa organized two National Conferences and published two edited books entitled Recent Trends and Prospects of Transfer Pricing and Transfer Pricing Audit Aspects. He is a life member of All India Accounting Association, All India Commerce Association, Maru Vyavsaya Chakra, Kaveri Pakkam, Indian Journal of Public Enterprise and International Advisory Committee, Research Development Association and Researcah Foundation, jaipur. He has successfully completed two terms of Associateship at Indian Institute of Advanced Study, Shimla.

About The Book A critical understanding about the practice of democracy in the context of economic reforms, for the last more than two decades, has been the need of the hour. “I do not minimize the difficulties that lie ahead on the long and arduous journey on which we have embarked. But as Victor Hugo once said, “no power on earth can stop an idea whose time has come”. I suggest to this august House that the emergence of India as a major economic power in the world happens to be one such idea. Let the whole world hear it loud and clear. India is now wide awake. We shall prevail. We shall overcome”. This was the ardent budget speech made by Dr. Manmohan Singh as the Finance Minister on watershed moment of July 24, 1991, which is the hallmark of the changed fortunes of the Indian Economy. If in 1947 India got politically independent, in 1991 it made its economy free. In 1990-91, India went through a severe economic crisis, it tried to respond it by opening the door of economy and it helped. The three day colloquium on Need for Inclusive Reforms: Varying Perspectives proved to be the meeting ground and effective platform for academicians, resource persons, research scholars and teacher educators to exchange experiences, knowledge, queries and insights from various disciplines and to introspect about the numerous challenges to the country’s inclusive growth. This book is an attempt to comprehensively describe the genesis, advancement and prospects of economic reforms in India since 1991 and also endeavours to chronicles post liberalisation period in different context and approaches. About the Author Dr. Arun Kumar is Associate Prof. & Head, Department of Commerce, Feroze Gandhi College, Raebareli. He completed B.com., M.Com. and Ph.D. from University of Allahabad, Allahabad. In 1988 he joined the Department of Commerce, Feroze Gandhi College, Raebareli as lecturer. He has to his credit more than 70 research papers published in National and International Journals of repute. He has successfully completed two major and two minor research projects sponsored by UGC and also a Post Doctoral Fellowship was awarded under his supervision by UGC. Twelve students have been awarded Ph.D. under his guidance and two are pursuing their research work. Dr. Kumar’s area of research is Public Sector Enterprises, Merger & Acquisition, Transfer Pricing, Public Private Partnership etc. He has been Key-note speaker, Chairperson, Invited speaker and also presented papers in more than 50 National and International Conferences in India and abroad. He hasa organized two National Conferences and published two edited books entitled Recent Trends and Prospects of Transfer Pricing and Transfer Pricing Audit Aspects. He is a life member of All India Accounting Association, All India Commerce Association, Maru Vyavsaya Chakra, Kaveri Pakkam, Indian Journal of Public Enterprise and International Advisory Committee, Research Development Association and Researcah Foundation, jaipur. He has successfully completed two terms of Associateship at Indian Institute of Advanced Study, Shimla.