<?xml version="1.0" encoding="UTF-8"?>
<!DOCTYPE root>
<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="research-article" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">RUDN Journal of Economics</journal-id><journal-title-group><journal-title xml:lang="en">RUDN Journal of Economics</journal-title><trans-title-group xml:lang="ru"><trans-title>Вестник Российского университета дружбы народов. Серия: Экономика</trans-title></trans-title-group></journal-title-group><issn publication-format="print">2313-2329</issn><issn publication-format="electronic">2408-8986</issn><publisher><publisher-name xml:lang="en">Peoples’ Friendship University of Russia named after Patrice Lumumba (RUDN University)</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">22173</article-id><article-id pub-id-type="doi">10.22363/2313-2329-2019-27-2-205-222</article-id><article-categories><subj-group subj-group-type="toc-heading" xml:lang="en"><subject>ECONOMIC GROWTH AND SOCIO-ECONOMIC DEVELOPMENT</subject></subj-group><subj-group subj-group-type="toc-heading" xml:lang="ru"><subject>ЭКОНОМИЧЕСКИЙ РОСТ И СОЦИАЛЬНО-ЭКОНОМИЧЕСКОЕ РАЗВИТИЕ</subject></subj-group><subj-group subj-group-type="article-type"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title xml:lang="en">The industrial policy as a driver of the Indian economy’s development</article-title><trans-title-group xml:lang="ru"><trans-title>Промышленная политика как драйвер развития экономики Индии</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Galischeva</surname><given-names>Natalia V</given-names></name><name xml:lang="ru"><surname>Галищева</surname><given-names>Наталья Валерьевна</given-names></name></name-alternatives><bio xml:lang="en"><p>Doctor of Economics, Head of Department of the World Economy</p></bio><bio xml:lang="ru"><p>доктор экономических наук, заведующая кафедрой мировой экономики</p></bio><email>galistcheva@yandex.ru</email><xref ref-type="aff" rid="aff1"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">MGIMO University of the Ministry of Foreign Affairs of the Russian Federation</institution></aff><aff><institution xml:lang="ru">Московский государственный институт международных отношений (университет) МИД России</institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2019-12-15" publication-format="electronic"><day>15</day><month>12</month><year>2019</year></pub-date><volume>27</volume><issue>2</issue><issue-title xml:lang="en">VOL 27, NO2 (2019)</issue-title><issue-title xml:lang="ru">ТОМ 27, №2 (2019)</issue-title><fpage>205</fpage><lpage>222</lpage><history><date date-type="received" iso-8601-date="2019-11-19"><day>19</day><month>11</month><year>2019</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2019, Galischeva N.V.</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2019, Галищева Н.В.</copyright-statement><copyright-year>2019</copyright-year><copyright-holder xml:lang="en">Galischeva N.V.</copyright-holder><copyright-holder xml:lang="ru">Галищева Н.В.</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/><license><ali:license_ref xmlns:ali="http://www.niso.org/schemas/ali/1.0/">http://creativecommons.org/licenses/by/4.0</ali:license_ref></license></permissions><self-uri xlink:href="https://journals.rudn.ru/economics/article/view/22173">https://journals.rudn.ru/economics/article/view/22173</self-uri><abstract xml:lang="en"><p>The aim of this research is the Indian industrial policy in 1950-2010s, its main direction and perspectives of its future evolution. The methodological basis of the study is such methods as induction and deduction, analysis and synthesis. The systematic approach to the overall study of the Indian economy and the Indian industrial policy in particular has become the base of this research. The author thoroughly analyses its main specific features during the pre-reform period, as well as identifies the causes and the nature of its transformation at the beginning of the 1990s. At the same time the author underlines that taking into account the national-specific features of a mixed society, the industrial policy of the prereform stage facilitated the successful holding of industrialization during which the industrial sector has become the fastest growing sector of the Indian economy. The author underlines the main directions of the New Industrial Policy, 1991 , among which the most important ones are the following: abolition industrial licensing, the reduction of the public sector in the national economy, amendment of Monopolies and Restrictive Trade Practices Act, 1969 , attraction of foreign direct investment and advanced technologies, liberalization of industrial policy at the local level and the replacement the Foreign Exchange Regulation Act, 1973 , by the Foreign Exchange Management, 1999 . Apart from that the author examines the most representative theories of the Indian economists (R. Agraval and C. Rangarajan) which made a significant contribution to working out the industrial policy in 1990s. The author also draws attention to the main elements of a future ready industrial policy discussed in India at the present time. The author stresses that for all its diversity at different stages of socio-economic development the Indian industrial policy always based on both the economic and social components (the New Industrial Policy, 1991 , also added the ecological component). It means that accelerating the annual economic growth rate, the Indian industrial policy has contributing to solving a wide range of social tasks - from the creation of new jobs to poverty and undernourishment alleviation. The article also presents statistical data on the dynamics of gross domestic savings and gross domestic capital formation in the Indian economy, annual average economic growth rates in India from 1990-1991 to 2016-2017 financial year as well as the Indian GDP by industry of origin in 2000-2017.</p></abstract><trans-abstract xml:lang="ru"><p>Целью настоящего исследования является анализ промышленной политики Индии в 1950-2010-е гг., ее основных направлений и перспектив будущей эволюции. Методологической основой послужили такие методы научного познания, как индукция и дедукция, анализ и синтез. При этом базовым стал системный подход к изучению индийской экономики в целом и промышленной политики в частности. Детально рассматриваются основные специфические черты промышленной политики в дореформенный период, а также выявляются причины и характер ее трансформации в начале 1990-х гг. Подчеркивается, что, учитывая национально-специфические особенности многоукладного общества, промышленная политика дореформенного этапа содействовала успешному проведению индустриализации, в процессе которой промышленный сектор превратился в самую быстрорастущую отрасль экономики. Акцентируется внимание на главных направлениях современной промышленной политики Индии, среди которых выделяются отказ от системы лицензирования, уменьшение масштабов госсектора в экономике, ослабление антимонопольного законодательства, привлечение прямых иностранных инвестиций и иностранных технологий, либерализация промышленной политики на местном уровне и ослабление валютного законодательства. Кроме того, в статье приводятся отдельные, наиболее репрезентативные концепции индийских экономистов (Р. Агравала и Ч. Рангараджана), внесших существенный вклад в формирование промышленной политики пореформенного этапа. Также рассмотрены и вероятные элементы принципиально новой политики, формирующейся в Индии в настоящее время. Особое внимание обращается на то, что при всем своем разнообразии на разных этапах социально-экономического развития промышленная политика Индии всегда учитывала две составляющие - экономическую и социальную (новая промышленная политика 1991 г. добавила к двум составляющим еще и третью - экологическую). Таким образом, стимулируя ускорение темпов экономического роста, она содействовала решению целого комплекса социальных проблем - от создания в стране новых рабочих мест до снижения масштабов бедности и недоедания, а также сдерживания роста социального неравенства. В статье приведены статистические данные по динамике валовых сбережений и валовых накоплений в экономике Индии в пореформенный период, среднегодовым темпам экономического роста в Индии с 1990- 1991 по 2016-2017 финансовый год и отраслевой структуре ВВП Индии в 2000-2017 гг.</p></trans-abstract><kwd-group xml:lang="en"><kwd>India</kwd><kwd>industrial policy</kwd><kwd>Permit Raj system</kwd><kwd>the License Raj</kwd><kwd>disinvestment</kwd><kwd>liberal reforms</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>Индия</kwd><kwd>промышленная политика</kwd><kwd>«Владычество разрешений»</kwd><kwd>лицензия Радж</kwd><kwd>политика дезинвестиций</kwd><kwd>либеральные реформы</kwd></kwd-group><funding-group/></article-meta></front><body></body><back><ref-list><ref id="B1"><label>1.</label><citation-alternatives><mixed-citation xml:lang="en">Agraval R. (2002). Business Environment. 2nd Edition. New Delhi, Excel Books. 818 p.</mixed-citation><mixed-citation xml:lang="ru">Индия 1985-1986: ежегодник. М.: Главная редакция восточной литературы, 1987. 383 с.</mixed-citation></citation-alternatives></ref><ref id="B2"><label>2.</label><citation-alternatives><mixed-citation xml:lang="en">Department of Industrial Policy and Promotion, Ministry of Commerce and Industry. (2017). Industrial Policy – 2017. A Discussion Paper.</mixed-citation><mixed-citation xml:lang="ru">Маляров О.В. Государственный сектор экономики Индии. М.: Институт востоковедения РАН, 2013. С. 123.</mixed-citation></citation-alternatives></ref><ref id="B3"><label>3.</label><citation-alternatives><mixed-citation xml:lang="en">Indiya 1985–1986: Ezhegodnik [India 1985–1986: Yearbook]. (1987). Moscow, Glavnaya redaktsiya vostochnoy literatury Publ. 383 p. (In Russ.)</mixed-citation><mixed-citation xml:lang="ru">Медовой А.И., Галищева Н.В. Экономика Индии. М.: МГИМО-Университет, 2009. 352 с.</mixed-citation></citation-alternatives></ref><ref id="B4"><label>4.</label><citation-alternatives><mixed-citation xml:lang="en">Industrial Policy Resolution, 1948. Retrieved from https://www.gktoday.in/gk/industrialpolicy-resolution-1948/</mixed-citation><mixed-citation xml:lang="ru">Agraval R. Business Environment. 2nd ed. New Delhi: Excel Books, 2002. 818 p.</mixed-citation></citation-alternatives></ref><ref id="B5"><label>5.</label><citation-alternatives><mixed-citation xml:lang="en">Industrial Policy Resolution, 1956. Retrieved from https://www.gktoday.in/gk/industrialpolicy-resolution-1956/</mixed-citation><mixed-citation xml:lang="ru">Indian Economy since Independence. 16th ed. / ed. by Uma Kapila. New Delhi: Academic Foundation, 2004-2005. 1040 p.</mixed-citation></citation-alternatives></ref><ref id="B6"><label>6.</label><citation-alternatives><mixed-citation xml:lang="en">Malyarov O.V. (2013). Gosudarstvennyy sector ekonomiki Indii [Public sector of the Indian economy]. Moscow, Instityt vostokovedeniya RAN Publ. 360 p. (In Russ.)</mixed-citation><mixed-citation xml:lang="ru">Industrial Policy - 2017. A Discussion Paper / Department of Industrial Policy and Promotion, Ministry of Commerce and Industry. 2017.</mixed-citation></citation-alternatives></ref><ref id="B7"><label>7.</label><citation-alternatives><mixed-citation xml:lang="en">Medovoy A.I., Galischeva N.V. (2009). Ekonomika Indii [The Indian Economy]. Moscow, MGIMO-Universitet Publ. 352 p. (In Russ.)</mixed-citation><mixed-citation xml:lang="ru">Industrial Policy Resolution, 1948. URL: https://www.gktoday.in/gk/industrial-policy-resolution1948/ (дата обращения: 17.01.2019).</mixed-citation></citation-alternatives></ref><ref id="B8"><label>8.</label><citation-alternatives><mixed-citation xml:lang="en">Misra S.K., Puri V.K. (2001). Indian Economy – Its Development Experience. 19th Revised and Enlarged Edition. New Delhi, Himalaya Publishing House. 955 p.</mixed-citation><mixed-citation xml:lang="ru">Industrial Policy Resolution, 1956. URL: https://www.gktoday.in/gk/industrial-policy-resolution1956/ (дата обращения: 17.01.2019).</mixed-citation></citation-alternatives></ref><ref id="B9"><label>9.</label><citation-alternatives><mixed-citation xml:lang="en">Planning Commission, Government of India. (2007). Report of the Working Group on Competition Policy. 105 p.</mixed-citation><mixed-citation xml:lang="ru">Misra S.K., Puri V.K. Indian Economy - Its Development Experience. 19th Revised and Enlarged Edition. New Delhi: Himalaya Publishing House, 2001. 955 p.</mixed-citation></citation-alternatives></ref><ref id="B10"><label>10.</label><citation-alternatives><mixed-citation xml:lang="en">Rangarajan C. (2004–2005). Disinvestment: Strategies and Issues. In Uma Kapila (Ed.), Indian Economy since Independence. 16th Edition (pp. 531–536). New Delhi, Academic Foundation.</mixed-citation><mixed-citation xml:lang="ru">Rangarajan C. Disinvestment: Strategies and Issues // Indian Economy since Independence. 16th ed. / ed. by Uma Kapila. New Delhi: Academic Foundation, 2004-2005. Pp. 531-536.</mixed-citation></citation-alternatives></ref><ref id="B11"><label>11.</label><citation-alternatives><mixed-citation xml:lang="en">Shenoy B.R. (1963). Indian Planning and Economic Development. Bombay, Asia Publishing House. 152 p.</mixed-citation><mixed-citation xml:lang="ru">Report of the Working Group on Competition Policy / Planning Commission, Government of India. 2007. 105 p.</mixed-citation></citation-alternatives></ref><ref id="B12"><label>12.</label><citation-alternatives><mixed-citation xml:lang="en">Uma Kapila. (Ed.). (2004–2005). Indian Economy since Independence. 16th Edition. New Delhi, Academic Foundation. 1040 p.</mixed-citation><mixed-citation xml:lang="ru">Shenoy B.R. Indian Planning and Economic Development. Bombay: Asia Publishing House, 1963. 152 p.</mixed-citation></citation-alternatives></ref><ref id="B13"><label>13.</label><citation-alternatives><mixed-citation xml:lang="en">Venkateswaran R.J., Mithani D.M. (1989). Rajiv Gandhi: Economic Perspective Towards 21st Century. Bombay, Himalaya Publishing House. 239 p.</mixed-citation><mixed-citation xml:lang="ru">Venkateswaran R.J., Mithani D.M. Rajiv Gandhi: Economic Perspective Towards 21st Century. Bombay: Himalaya Publishing House, 1989. 239 p.</mixed-citation></citation-alternatives></ref></ref-list></back></article>
