By Amit Chaudhuri
During this vividly drawn and deeply own portrait, acclaimed novelist Amit Chaudhuri chronicles the 2 years he spent revisiting Calcutta, town of his birth. A enthralling narrative, the e-book takes readers into the guts of a city rather immune to the currents of globalization. relocating throughout the city’s brilliant avenues and derelict alleyways, Chaudhuri introduces us to the homeless and the excessive society, describes its structure and nutrition, its sounds and scents, and its earlier and current politics. With infrequent candor and readability, he combines memoir, reportage, and historical past to rouse all that's so much specific and awesome concerning the city—and to give an explanation for his personal passionate attachment to where and its people.
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Enquiries concerning reproduction outside the scope of the above should be sent to the Rights Department, Oxford University Press, at the address above You must not circulate this book in any other binding or cover and you must impose this same condition on any acquirer ISBN 0-8213-4775-6 The World Bank does not guarantee the accuracy of the data included in this publication and accepts no responsibility whatsoever for any consequence of their use. The boundaries, colours, denominations, and other information shown on any map in this volume do not imply on the part of the World Bank Group any judgement on the legal status of any territory or the endorsement or acceptance of such boundaries.
India has successfully eliminated famines and severe epidemics. It has made progress in reducing poverty and in its social indicators, which at the time of Independence in 1947 were among the world's worst. Its vibrant democracy and free press have been major factors in these achievements. Poverty incidence began to decline steadily in the mid-1970s, which roughly coincided with a rise in growth in gross domestic product (GDP) and agriculture. 8 per cent per annum trend GDP growth is the highest among large countries outside East Asia.
8 per cent per annum trend GDP growth is the highest among large countries outside East Asia. Empirical analyses suggest that agricultural growth and human development were key factors in the decline in poverty across states (Chapter 1). However, the development strategy of the 1970s and 1980s, based on an extensive system of protection, regulation, and public sector presence in the economy, and on worsening fiscal deficits in the 1980s, proved unsustainable. Quick Recovery from 1991 Crisis The 1991 balance-of-payments and fiscal crisis was met by stabilization and reforms that opened up the economy, reduced the public sector's role, and liberalized and strengthened the financial sector over the next few years.