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OECD Economic Surveys: India 2011
OECD Publishing , Publication date:  14 Jun 2011
Pages: 189 , Language: English
Version: E-book (PDF Format)
ISBN: 9789264093256 , OECD Code: 102011111E1
Price:   €40 | $56 | £36 | ¥5200 | MXN720
Availability: Available
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Other languages:  French (Available)
Other Versions:  Print - Paperback
Subscription:  OECD Economic Surveys (Available)

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Frequency: Irregular   Tables: 23  Charts: 52  Electronic format: Acrobat PDF


OECD's periodic review of India's economy.  This edition includes chapters covering sustaining growth and improving living standards, fiscal policy, energy subsidies, financial reform, and education.

Table of contents:

Executive summary
Assessment and recommendations
Chapter 1. Sustaining growth and improving living standards
Growth has been strong and prospects are favourable
-Improving living standards further remains a priority
-Labour market reforms would help boost employment creation
-Product market reform is needed to keep up rapid and inclusive growth
-Ensuring adequate investment in infrastructure is critical
-The Indian economy is continuing to catch up
-Annex 1.A1. Growth projections through 2025: a highly stylised outlook for India.
Chapter 2. Fiscal prospects and reforms
Fiscal consolidation: A partial success
-Spending and deficits in the medium term: Can expenditure be made more effective?
-A new framework for fiscal policy
-Tax reform
Chapter 3. Phasing out energy subsidies
India is one of the world’s largest energy consumers but access remains poor
-India’s energy subsidies are very large
-India’s subsidies for petroleum products burden the budget
-India’s petroleum subsidies are economically and environmentally damaging
-Electricity subsidies restrict the development of the sector
-Coal market reform is important
-India’s energy subsidies miss their target
-India has made some progress in reducing energy subsidies
-The way forward
Chapter 4. Financial reform in India: time for a second wave?
Credit markets
-The banking sector
-Securities markets
Chapter 5. Building on progress in education
Education is expanding rapidly but quality is often low
-The rise of the private sector creates challenges and opportunities for improving access and quality
-Improving school performance requires reforms as well as resources
-Lifting vocational and tertiary education quality requires wide-ranging reforms

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