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UID:159210ad139a3bc944bd73475a84db68
CATEGORIES:Seminars & Workshops
CREATED:20231009T143824
SUMMARY:Economics Seminar Series: Talk by Prof R Nagaraj
LOCATION:RNJ 002
DESCRIPTION:Department of Economics and Center for Economic and Public Policy (CEPP), F
 LAME Universityinvites you to attend a research talkin the Economics Semina
 r Series, 2023byProf. R Nagaraj Date: October 13 (Friday) Time: 1:00 PM - 2
 .00 PMVenue: RNJ 002Title of the Paper: India Derailed: A Falling Investmen
 t Rate and Deindustrialisation\nAbstract: There is considerable optimism am
 ong policy makers that India is now on the cusp of an economic upswing, hav
 ing met the challenges of global health and economic shocks in the year 202
 2-23. However,India’s claim of a return to 'normalcy' needs to be seen agai
 nst the decade-long derailment of the economy in the 2010s compared to the 
 growth acceleration witnessed after the 1980s. This essay addresses the set
 back to growth, investment, and consequent deindustrialisation. Falling inv
 estment rates and declining manufacturing growth rates have marked the Indi
 an GDP growth reversal since the mid-2010s. These structural defects have n
 ot yet been addressed. The current optimism can be realised only with a pub
 lic investment push that would crowd in private investment.About the Speake
 r: Dr. R. Nagaraj is retired Professor of Economics at the Indira Gandhi In
 stitute of Development Research, Bombay. He holds a Ph.D. in Economics from
  Jawaharlal Nehru University. An economist by training, he has worked exten
 sively on India's economic growth and industrialization, public sector perf
 ormance, applied macroeconomics, industrial labour market in India and offi
 cial economic statistics. He has taught a variety of courses on Indian econ
 omy, the comparative economic development of India and China, and developme
 nt economics. He has edited the book titled Industrialisation for Employmen
 t and Growth in India: Lessons from Small Firm Clusters and Beyond, publish
 ed by Cambridge University Press in 2021 and coedited Political Economy of 
 Contemporary India with S. Motiram that was published by the Cambridge Univ
 ersity Press in 2017.
X-ALT-DESC;FMTTYPE=text/html:<div><div style="text-align: center;"><span style="color: #000000; font-siz
 e: large;">Department of Economics </span></div><div style="text-align: cen
 ter;"><span style="color: #000000;">and</span><span style="color: #000000; 
 font-size: large;"> </span></div><div style="text-align: center;"><span sty
 le="color: #000000; font-size: large;">Center for Economic and Public Polic
 y (CEPP)</span><span>, FLAME University</span></div><div style="text-align:
  center;"><span style="color: #000000;">invites you to attend a research ta
 lk</span></div><div style="text-align: center;"><span style="color: #000000
 ;">in the <b>Economics Seminar Series</b>, 2023</span></div><div style="tex
 t-align: center;"><div><span style="color: #000000;">by</span></div><div><s
 pan style="color: #000000; font-size: large;"><span class="gmail_default">P
 rof. R Nagaraj</span></span></div><div><span style="color: #000000;"> </spa
 n></div><div><span style="color: #000000;"><b>Date: October 13</b> (Fri<spa
 n class="gmail_default">day</span>) </span></div><div><span style="color: #
 000000;"><b>Time:</b> <span class="gmail_default">1:00</span> </span><span>
 PM</span> <span style="color: #000000;">- <span style="font-family: georgia
 , serif;">2</span>.<span style="font-family: georgia, serif;">00</span> PM<
 /span></div></div><div><div style="text-align: center;"><span style="color:
  #000000;"><b>Venue</b>: RNJ 002</span></div></div></div><div></div><div><b
 >Title of the Paper</b>: India Derailed: A Falling Investment Rate and Dein
 dustrialisation</div><div><br /><div><b>Abstract</b>: There is considerable
  optimism among policy makers that India is now on the cusp of an economic 
 upswing, having met the challenges of global health and economic shocks in 
 the year 2022-23. However,India’s claim of a return to 'normalcy' needs to 
 be seen against the decade-long derailment of the economy in the 2010s comp
 ared to the growth acceleration witnessed after the 1980s. This essay addre
 sses the setback to growth, investment, and consequent deindustrialisation.
  Falling investment rates and declining manufacturing growth rates have mar
 ked the Indian GDP growth reversal since the mid-2010s. These structural de
 fects have not yet been addressed. The current optimism can be realised onl
 y with a public investment push that would crowd in private investment.</di
 v><div></div><div><b>About the Speaker:</b><span> </span>Dr. R. Nagaraj is 
 retired Professor of Economics at the Indira Gandhi Institute of Developmen
 t Research, Bombay. He holds a Ph.D. in Economics from Jawaharlal Nehru Uni
 versity. An economist by training, he has worked extensively on India's eco
 nomic growth and industrialization, public sector performance, applied macr
 oeconomics, industrial labour market in India and official economic statist
 ics. He has taught a variety of courses on Indian economy, the comparative 
 economic development of India and China, and development economics. He has 
 edited the book titled Industrialisation for Employment and Growth in India
 : Lessons from Small Firm Clusters and Beyond, published by Cambridge Unive
 rsity Press in 2021 and coedited Political Economy of Contemporary India wi
 th S. Motiram that was published by the Cambridge University Press in 2017.
 </div></div>
DTSTAMP:20260710T115452
DTSTART;TZID=Asia/Kolkata:20231013T130000
DTEND;TZID=Asia/Kolkata:20231013T140000
SEQUENCE:0
TRANSP:OPAQUE
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