Tables, Figures, and Boxes; Foreword Introduction I. Macroeconomic Issues 1. Impossible Trinity Revisited: Lessons and Policy Implications for India and Other Emerging Economies 2. Fiscal Policy Imperatives: Changing the Focus of Union Budget 3. Is India's Inflation Inflated? 4. Is India's Real Effective Exchange Rate in Line with Economic Fundamentals II. Market Reforms, Productivity, and Sustainability 5. Financial Sector Reforms: Refining the Architecture 6.

Financial Inclusion in Rural Areas and Micro-Finance: Issues, Constraints, and Policy Options 7. Role of Competition Law and Policy in Making Markets Competitive 8. Does Privatization Lead to Benign Outcomes? The Indian Experience and Policy Lessons 9. Accelerating Manufacturing Growth: Promise of the New Manufacturing Policy and Beyond 10. Labour Laws: Are They Holding Back Manufacturing Sector Growth and Employment in India 11. Breaking the Glass Ceiling: Unleashing the Potential of the Informal Sector 12. Insurance as a Tool for Adaptation to Climate Change in India III. Infrastructure, Institutions, and Governance: Some Challenges 13.

Managing India's Demographic Dividend: Policy Challenges in Social and Urban Development 14. Social Protection for Inclusion 15. India's Road Concession Agreements: Issues, Challenges, Global Experiences, and Lessons 16. India's Free Trade Agreements: Is it the Way Forward? 17. Improving Public Service Delivery: Building a New Aadhar Contributors.