ANNUAL REPORT 2003-2004 Indira Gandhi Institute of Development Research (A Deemed University rated A++ by NAAC) An Advanced Research Institute Established by the Reserve Bank of India CEPS 6/D:/SALES/Ramesh/IGI AR 2004/File Cov 2004 2 CEPS 6\D:\SALES\RAMESH\IGI AR 2004\COV II&III.P65 ---- SBC/8-2/ ANNUAL REPORT 2003-04 Indira Gandhi Institute of Development Research (A Deemed University rated A++ by NAAC) General Arun Kumar Vaidya Marg Goregaon East Mumbai 400 065 INDIA Telephone: +91 (0)22 2840 0919/20/21 (EPABX) Fax: +91 (0) 22 2840 2752/2026 Email: [email protected] Website: http://www.igidr.ac.in Indira Gandhi Institute of Development Research i CEPS 6/D:/SALES/Ramesh/IGI AR 2004/File Preface 2004.p65/NSS/13/1 Copyright © 2004 by Indira Gandhi Institute of Development Research Report Team: Editor: Srijit Mishra Secretarial Assistance: Fabina DMello Photos: G.K. Manjunath ii Annual Report 2003-04 CEPS 6/D:/SALES/Ramesh/IGI AR 2004/File Preface 2004.p65/NSS/13/1 Contents Preface v Organization of IGIDR 1 IGIDR at a Glance 2 Personnel 3 IGIDR in Focus 4 Research Activities 5 Projects 23 Teaching 26 Symposium/Conferences 27 Faculty Activities 30 Research Publications 47 Student Activities 59 Student Research Topics 63 Students Batch 2003-04 70 Visitors at IGIDR 71 Library and Information Services 73 Computer Services 74 Faculty and Areas of Interest 75 Campus Life 77 Financial Statement 78 Indira Gandhi Institute of Development Research iii CEPS 6/D:/SALES/Ramesh/IGI AR 2004/File Preface 2004.p65/NSS/13/1 iv Annual Report 2003-04 CEPS 6/D:/SALES/Ramesh/IGI AR 2004/File Preface 2004.p65/NSS/13/1 Preface The Indira Gandhi Institute of Development Research Research Institute are some that have been completed. (IGIDR), a deemed University rated A++ by the Maharashtra Human Development Action Research National Assessment and Accreditation Council Study funded by UNDP, Maharashtra Development (NAAC), continues to pursue its aim of conducting Report funded by the Planning Commission, Research advanced research on national and global on Indian Agricultural Markets & Policy funded by development-related issues. The Institute has further the U.S. Department of Agriculture and Socio- expanded its teaching activities and introduced the economic and Policy Implications of the Roles of M.Sc. programme in Economics from August 2003. Agriculture in Developing Countries funded by FAO are some ongoing projects of the year 2003-04. The Institutes postgraduate programmes have helped students develop both empirical and theoretical skills The association between IGIDR and China to conduct research. In addition to the compulsory Development Institute initiated in the previous year courses Microeconomics, Macroeconomics, gained further momentum with the Indo-China Econometrics, Energy and Environment, Economic Forum at Shenzen, China, November 26- Development Policy and Mathematics, several 27, 2003. The next meeting of the forum is to be optional courses on various themes were also taught. held at IGIDR in 2005. M.Phil./Ph.D. theses submitted through the year focused on important areas of development research. IGIDR was the venue for a number of conferences, training programmes and seminars. His Excellency Research undertaken by faculty spanned several areas the President of India Dr. A. P. J. Abdul Kalam within the main objectives of the Institute. This report delivered the inaugural address and inaugurated provides an overview of the work carried out during Energy, Environment and Sustainable Development: the year under the themes Monetary Policy, Fiscal A symposium, July 6-7, 2003. The Institute also hosted Policy, Macroeconomics and Applied Econometrics; the Sixth Annual Conference on Money and Finance Finance, Foreign Direct Investment, Industry and in the Indian Economy organised during March 25- International Trade; Poverty and Nutrition; 27, 2004. Agriculture, Rural Development and Indigenous or Traditional Knowledge; Economics of Law and These initiatives should enable us to continue with Institutions, Governance and Corruption; and Energy, our main areas of research while diversifying into Environment, Public Health and Education. areas like social development, human development and regional aspects. The year has seen several projects initiated, some ongoing and others completed. Growing Rural-Urban We hope to move further ahead on the path towards Disparity funded by National Institute of Rural fruitful research and teaching in the arena of Development and Food & Nutritional Insecurity & development. The Annual Report 2003-2004 is a Chronic Poverty project funded by Indian Institute summary of our activities through the year. It is of Public Administration are some of those initiated. intended to facilitate valuable communication with a Productivity Impacts of Green Revolution in Cereal wider academic community, policy makers and Crops in India, funded by the Foundation for practitioners in the field. Advanced Studies on International Development, Achieving Food Security in a Cost Effective Way: Implications of Domestic and External Trade R. Radhakrishna Liberalization funded by International Food Policy Director Indira Gandhi Institute of Development Research v CEPS 6/D:/SALES/Ramesh/IGI AR 2004/File Preface 2004.p65/NSS/13/1 vi Annual Report 2003-04 CEPS 6/D:/SALES/Ramesh/IGI AR 2004/File Preface 2004.p65/NSS/13/1 Organization of IGIDR Background, Aims and Objectives 11. Mr. T. V. Subramanian, Secretary The Indira Gandhi Institute of Development Research Registrar, IGIDR, Mumbai (IGIDR) is an advanced research institute established by Past Members of the Board of Management the Reserve Bank of India in 1987, at Mumbai, for the Mr. R. N. Malhotra (Chairman) study of national and global issues relating to economic From inception to December 1990 development. The Institute is recognised as a Deemed Mr. S. Venkitaramanan (Chairman) University under Section 3 of the UGC Act. The primary From December 1990 to December 1992 objectives of the Institute are: Dr. C. Rangarajan Member from inception to March 1993 to promote and conduct research on development from ° Chairman from March 1993 to November 1997 a broad inter-disciplinary perspective Dr. Bimal Jalan (Chairman) ° to serve as a centre for promoting cooperative From November 1997 to September 2003 endeavour and interaction between research scholars Dr. Kirit Parikh and institutions in India and abroad From inception to July 2000 ° to undertake any other project or activity which the Prof. Sukhamoy Chakravarty Institute may usefully carry out for the furtherance of From inception to August 1990 development and social welfare. Prof. D. T. Lakdawala Board of Management From inception to April 1992 Prof. V. M. Dandekar The present composition of the Board of Management is From March 1993 to July 1995 as follows: Dr. P. K. Iyengar 1. Dr. Y.V. Reddy Chairman From inception to December 1994 Governor Dr. M. S. Gore Reserve Bank of India, Mumbai From inception to January 1996 2. Dr. R. Radhakrishna Member Dr. J. K. Ghosh Director , From September 1991 to January 1996 IGIDR, Mumbai Dr. Kirit S. Yagnik 3. Dr. Suhas P. Sukhatme Member From September 1991 to January 1996 Chairman Prof. M. Gadgil Atomic Energy Regulatory Board From March 1993 to July 1994 Mumbai Mr. S. S. Tarapore 4. Prof. Amaresh Bagchi Member From March 1993 to September 1996 National Institute of Dr. Ragbendra Jha Public Finance and Policy, New Delhi From February 1998 to January 2000 5. Dr. D.M. Nachane Member Dr. K.V. Ramaswamy Senior Professor, IGIDR From February 1998 to January 2000 6. Dr. R. Nagaraj Member Dr. Mrinal Dutta Chaudhary Associate Professor, IGIDR From September 1991 to January 2002 7. Dr. K.L. Krishna Member Dr. I. G. Patel Senior Consultant From September 1992 to January 2002 ICRIER, New Delhi Dr. Jyoti Parikh 8. Dr. Vikas Chitre Member From January 1996 to September 1998 and Director, Gokhale Institute of From February 2000 to January 2002 Politics & Economics, Pune Dr. Veena Mishra 9. Dr. Rakesh Mohan Member From February 2000 to January 2002 Dy. Governor Dr. M.H. Suryanarayana Reserve Bank of India, Mumbai From 30-1-1996 to 29-1-1998 and 10. Dr. L. K. Deshpande Member From 1-2-2002 to 31-1-2004 Economic Consultant, Mumbai Dr. Susan Thomas From 1-2-2002 to 31-1-2004 Indira Gandhi Institute of Development Research 1 CEPS 6/D:/SALES/Ramesh/File IGI AR 2004.p65/NSS/13/1 IGIDR at a Glance Established in 1987 Affiliated to Mumbai University 1990 Granted Deemed University status by the Government of India 1995 Faculty staff strength (as on March 31, 2004) 35 Current number of students including part-time (as on March 31, 2004) 71 Ph.D. awarded to date 42 Ph.D. theses under examination 5 Continuing thesis work (including part-time students) (as on March 31, 2003) 40 P.G. Diploma awarded (from 1990 - 1995 batch) 61 M.Phil. awarded to date 20 M.Phil. thesis under examination 6 No. of M.Sc. students pursuing course work (Batch 2003) 18 No. of M.Phil./Ph.D. students pursuing course work (Batch 2002 & Batch 2003) 23 No. of projects completed to date 68 Ongoing projects 29 Books 46 Project reports 75 Reprints (journals and chapter in books) 574 Discussion papers (later DP has been replaced by WP) 147 Working papers 7 2 Annual Report 2003-04 CEPS 6/D:/SALES/Ramesh/File IGI AR 2004.p65/NSS/13/1 Personnel Director Registrar R. Radhakrishna T.V. Subramanian Senior Professor Assistant Administrative Officer Dilip M. Nachane Diana George Professor Emeritus Chief Librarian Kirit S. Parikh G.K. Manjunath Professors Assistant Librarian Ashima Goyal S.M. Pujar Shikha Jha Chief Accountant Veena Mishra Satish S. Doshi Manoj Panda Systems Analysts B. Sudhakara Reddy Lingaraj Panda Bibhas Saha K.R.V. Seethapathi Rao Vinod K. Sharma P.V. Srinivasan Private Secretary M.H. Suryanarayana Patrick Lewis Associate Professors Junior Administrative Officer P.G.