While a rapid GDP growth rate is a necessary condition for well-being, it is by no means a sufficient condition. Economists have long accepted that the market may be a very efficient allocator of resources to maximise output but not an adequate dispenser of social justice.
GDP growth depends very materially on the commodity producing sectors of agriculture and manufacturing industry performing much better than now and in a more consistent fashion. This is, of course, possible; but the chances of achieving such a growth rate require the stepping up of domestic investment rather steeply and an all round increase in factor productivities, together with more employment of labour. Further, productive, distributive and social justice must be ensured for a real development and an overall well-being.
In order to brainstorm on the subject in Indian as well as global context, the LEAD Trust and Unity Degree College, jointly organised a national seminar on April 10, 2016, at Unity Degree College campus, Lucknow, India. Noted academicians, experienced administrators, planners, developers, bankers, trainers, faculty members, research scholars, and students from different Indian states submitted their papers for the seminar.
This book is a compendium of these papers.
About the Author: This compendium contains 30 chapters in total. Each one, authored or coauthored by different persons. A brief introduction of the prominent ones among them is as under: Honourable Mr. Justice Imtiyaz Murtaza, Former Senior Judge of the Honourable High Court of Judicature at Allahabad (Lucknow Bench), Chairman Unity Technical Institute Society and Patron LEAD Trust has authored the 1st Chapter of the book which is the text of his inaugural speech.
Dr. Anis Ansari - IAS (Retd.) has authored the 5th Chapter of the book "An Agenda for 21st Century India". He is Former (and founder) Vice Chancellor Khwaja Moinuddin Chishti Urdu, Arabi-Farsi University Lucknow.
Mr. H. K. Mazhari - IAS (Retd.) is Former Commissioner and Secretary Urban Development Government of Meghalaya. He has authored the 3rd Chapter of the book "Urbanisation A Key Facilitator to Economic Growth".
Prof B. N. Singh Former Director of Central Rice Research Institute (CRRI) Cuttack, Former Director Research BAU Ranchi; Director Centre for Research and Development Gorakhpur and Patron LEAD Trust has written the 4th Chapter of the book "India vs. Bharat: The Urban-Rural Divide".
Prof Somesh Kumar Shukla is the HOD of Commerce at University of Lucknow. He has coauthored the 9th Chapter of the book "Islamic Banking Entering the Indian Markets with Special Reference to Growth with Justice", with Dr. Syed Mohammad Ali Rizvi and Gucha Fatima.
Mrs. Tahira Hasan is a renowned social worker and is Secretary of AIPWA at Lucknow. She has written the 14th Chapter "Growth, Justice, Democracy and Dissent".
Mr. S. K. Singh is Director at PNB Rural Self Employment Training Institute. He has authored the 24th Chapter "Guaranteed Success with RSETI".
Mr. Syed Ghulam Murtuza Rizvi is Retired Additional Chief Legal Adviser at Oil and Natural Gas Commission (ONGC). He has written the 8th Chapter "Growth with Justice and The Petroleum Sector, A Global Perspective".
Mr. M. V. Rangacharyulu is Senior Faculty at PNB Staff College at Panchkula. He has written the 7th Chapter "Growth With Justice - Technological Aspects".
Mr. Shailendra Srivastava is former Manager, Punjab National Bank. He has written the 25th Chapter "Induced Employments for Growth and Justice".
Others are experienced assistant professors, teachers, academicians, research scholars and students.
