The paradox of poverty under high growth in India [ VIDEO ]

Development of a country, in its broader context, can be ensured  by its growth  only  when  matched by a level of living for all in the country which is at least  above the basic minimum needed for subsistence. It is thus inappropriate to identify growth with development unless the conditions which make for  the latter are perceived to prevail. For India, the pattern that as has emerged has taken away the developmental implications  of growth under globalisation; with poverty and inequality continuing with the rising income enjoyed by the rich and the middle income people in the country.
We analyse the factors contributing to  the lack of development in India despite the high GDP growth.

Sunanda Sen is a former Professor of Economics at the Jawaharlal Nehru University of New Delhi, she has been a National Fellow, Indian Council of Social Sciences, New Delhi; recipient of Joan Robinson Memorial Lectureship at Cambridge University. She has also been a  Visiting Professor at several Universities and institutes in India and abroad; a Research Associate at Levy Economics Institute, Bard College, USA and a Life member of Clare Hall, Cambridge University. She has also been a consultant at various United Nations organisations.
She is engaged in research on development, economic history, international finance and Gender Studies.
Sunanda Sen has authored as well as edited eleven books which include: Changing Face of Imperialism: Colonies to Contemporary Capitalism (Routledge, 2018); Dominant Finance and Stagnant Economies (OUP, 2014); Development on Trial (Orient BlackSwan, 2014); Unfreedom and Waged Work: Labour in India’s Manufacturing Industry (Sage India, 2009); Globalisation and Development (National Book Trust Delhi, 2007); Global Finance at Risk (Palgrave Macmillan, 2003 and OUP, 2004) and Colonies and Empire: India 1890-1914 (Orient Longmans, 1992). Her published papers include more than 60 articles in scholarly journals and edited volumes.

Sen, Sunanda. (2015) Developmental state and structural economic dynamics: Necessity of industrial structure

Sen, Sunanda & Dasgupta, Z. (2015). Financialization and Corporate Investments: The Indian Case.

Sen, Sunanda. (2017). Shadow Banking in Emerging Economies like India.