India : Sustaining Reform, Reducing Poverty

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dc.creatorWorld Bank
dc.date2013-07-26T16:32:08Z
dc.date2013-07-26T16:32:08Z
dc.date2003-07-14
dc.date.accessioned2026-07-01T01:21:34Z
dc.descriptionThe report analyzes India's continued good progress in increasing incomes, and improving living standards over the past decade, which after the setback associated with the 1991 balance of payments crisis, economic growth picked up, income poverty continued to decline, and many social indicators, in particular literacy, continued to improve. Likewise, there has been an opening to private activity, trade policy and the exchange rate regime have been further liberalized, and capital markets have been reformed, leading to an improved investment climate. Nonetheless, development progress has been steady, but uneven, while in addition, the recent growth deceleration was accompanied by a slowdown in investment, especially in the private sector. The fiscal position of the general government has now also deteriorated, with a rising budget deficit, the result of a significant increase in government consumption, and continued low revenue mobilization. But at the same time, prudent monetary policy has helped contain inflation, and strengthen the balance of payments. Based on this analysis, fiscal reforms are needed in taxation, financial, social, as well as for fiscal management. The report also reviews the delivery of public services, showing the need to access effective social safety nets, i.e., social services that require increasing the level, but more importantly the quality of public expenditures in these areas. This in turn requires improving the governance and productivity of India's civil service, and the pressing problem of affordability. An effective program of civil service reform should include measures to achieve the following three objectives: improve access to information; strengthen accountability; and, reduce political interference. Of special concern, are the weaknesses in the service delivery of social sectors: education, health and social safety nets, and, it has been argued that decentralization, and local empowerment will ultimately improve the quality of service delivery at the village level. To this end, the report suggests improving the investment climate, with a special look at infrastructure development, while promoting rapid agricultural, and rural growth given its importance in the socioeconomic, and political fabric of India, through productivity-enhancing investments. Continued progress on poverty reduction will require a major push to reinvigorate the reform agenda.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2003/07/2444337/india-sustaining-reform-reducing-poverty
dc.identifierhttps://hdl.handle.net/10986/14617
dc.identifierhttps://doi.org/10.1596/14617
dc.identifier.urihttp://hdl.handle.net/123456789/417373
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectADVERSE CONSEQUENCES
dc.subjectAGRICULTURE
dc.subjectBALANCE OF PAYMENTS
dc.subjectBORROWING
dc.subjectBUDGET DEFICIT
dc.subjectBUDGET DEFICITS
dc.subjectBUDGET MANAGEMENT
dc.subjectCAPITAL FORMATION
dc.subjectCAPITAL MARKETS
dc.subjectCDS
dc.subjectCENTRAL GOVERNMENT
dc.subjectCIVIL SERVICE
dc.subjectCORRUPTION
dc.subjectCURRENT PRICES
dc.subjectDEBT
dc.subjectDEBT SERVICE
dc.subjectDECENTRALIZATION
dc.subjectECONOMIC COOPERATION
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC PERFORMANCE
dc.subjectELASTICITY
dc.subjectELECTRICITY
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORTS
dc.subjectFINANCIAL RESTRUCTURING
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL MANAGEMENT
dc.subjectFISCAL POLICY
dc.subjectFISCAL REFORM
dc.subjectFISCAL REFORMS
dc.subjectFISCAL SITUATION
dc.subjectFISCAL STANCE
dc.subjectFISCAL SUSTAINABILITY
dc.subjectFISCAL YEAR
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFREE TRADE
dc.subjectGDP
dc.subjectGOVERNMENT CONSUMPTION
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT SUBSIDIES
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH RATE
dc.subjectHEALTH SERVICES
dc.subjectHEALTH SPENDING
dc.subjectHOUSING
dc.subjectHUMAN DEVELOPMENT
dc.subjectIMPORTS
dc.subjectINFLATION
dc.subjectINSURANCE
dc.subjectINTEREST RATES
dc.subjectINVESTMENT CLIMATE
dc.subjectLIVING STANDARDS
dc.subjectMARKET DISTORTIONS
dc.subjectMONETARY POLICY
dc.subjectNATIONAL INCOME
dc.subjectOIL
dc.subjectPENSIONS
dc.subjectPER CAPITA INCOME
dc.subjectPER CAPITA INCOMES
dc.subjectPRIVATE SECTOR
dc.subjectPUBLIC AFFAIRS
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC ENTERPRISES
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENTS
dc.subjectPUBLIC RESOURCES
dc.subjectPUBLIC SAVINGS
dc.subjectPUBLIC SERVICE
dc.subjectPUBLIC SERVICE DELIVERY
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC WORKS
dc.subjectRESERVE BANK OF INDIA
dc.subjectREVENUE MOBILIZATION
dc.subjectROADS
dc.subjectSAFETY NETS
dc.subjectSAVINGS
dc.subjectSOCIAL SAFETY
dc.subjectSOCIAL SAFETY NETS
dc.subjectSTATE GOVERNMENT
dc.subjectSTATE INSTITUTIONS
dc.subjectSUBSIDIARY
dc.subjectTAX
dc.subjectTAX ADMINISTRATION
dc.subjectTAX RATES
dc.subjectTAX REFORM
dc.subjectTAX REVENUES
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTRADE POLICIES
dc.subjectTRADE REFORMS
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATES
dc.subjectURBAN DEVELOPMENT
dc.subjectUTILITIES
dc.subjectVALUE ADDED
dc.subjectWAGES
dc.subjectWHOLESALE PRICE INDEX
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO REFORM POLICY
dc.subjectREFORM IMPLEMENTATION
dc.subjectPOVERTY REDUCTION
dc.subjectGROWTH PATTERNS
dc.subjectBALANCE OF PAYMENTS DEFICITS
dc.subjectSOCIAL INDICATORS
dc.subjectPRIVATE SECTOR PARTICIPATION
dc.subjectMARKET LIBERALIZATION
dc.subjectTRADE POLICY REFORM
dc.subjectCAPITAL MARKETS
dc.subjectEXCHANGE MARKET DEVELOPMENTS
dc.subjectINVESTMENT ENVIRONMENT
dc.subjectFISCAL ADMINISTRATION
dc.subjectFISCAL CONSTRAINTS
dc.subjectBUDGET DEFICITS
dc.subjectMONETARY POLICY
dc.subjectPRUDENTIAL REGULATIONS
dc.subjectFISCAL REFORMS
dc.subjectTAX REFORMS
dc.subjectFINANCIAL SECTOR REFORM
dc.subjectSOCIAL REFORM
dc.subjectCIVIL SERVICE REFORMS
dc.subjectFISCAL MANAGEMENT
dc.subjectPUBLIC SERVICE DELIVERY
dc.subjectSOCIAL SAFETY NETS
dc.subjectEDUCATION DELIVERY
dc.subjectHEALTH CARE DELIVERY
dc.subjectDECENTRALIZATION
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectAGRICULTURAL DEVELOPMENT
dc.titleIndia : Sustaining Reform, Reducing Poverty

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