Using macro level data on MGNREGA performance in drought-prone states of Karnataka and Rajasthan as well as in irrigation-dominated state of Andhra Pradesh, this study has revealed that the impact of MGNREGA wage on the economic scarcity of labour is relatively modest when compared with the impact of hike in non-farm wages. Even though the provision of food security through public distribution system has contributed to the economic scarcity of labour, the relative hike in non-farm wages is contributing to higher economic scarcity of labour rather than PDS and MGNREGA wages.

As a response to the criticisms of microfinance institutions

India is being variously described as a developing country to an 'almost developed country'. The truth lies towards the latter. It is globalising rapidly and is now one of the leading countries competing for global knowledge work.

The author explores the nuances of inclusive growth and the technological infrastructure that is required for modernising India. The areas covered include, amongst others, IT, agriculture, transport, education, services and energy.