The high growth performance of the Indian economy since the launch of economic reforms in the early 1990s has been much lauded. But how much of this growth has made its way to the poor?
In a radical assessment of ‘inclusive growth’, this book probes the impact of neo-liberal policies on employment, poverty and inequality. It critiques the claim that market-friendly economic reform policies ‘trickle down’ to the poor and reduce poverty and deprivation. The author uses exhaustive data — from the formal and informal sectors — to create a profile of the aam aadmi. He advocates the need for a broad-based growth and development strategy that alone will address the many-sided social and economic inequalities in India.
The volume will be useful to scholars and students of economics, development studies, labour studies, and sociology.