The India Policy Forum (IPF) celebrated its 10th anniversary at the
2013 conference in New Delhi on July 16 and 17. This volume of
the IPF journal contains the papers presented at the conference, the comments
of the formal discussants, and a summary of the floor discussion of
each paper. The five IPF papers cover topics that have dominated much
of the discussion of the Indian economy in recent years. The first paper is
devoted to an evaluation of the impact of laws that govern the operation
of India’s labor market within the organized industrial sector. The second
paper analyzes India’s role, or lack thereof, in the rapid development of
international production networks. The third paper examines the conduct of
monetary policy since the onset of the global financial crisis, with a special
focus on the persistence of high rates of inflation in India. The fourth paper
provides an overview of both fiscal and monetary policies in the years after
the financial crisis. The volume concludes with an assessment of the value
of social audits, widely advocated as a tool for improving public accountability,
in the specific context of an audit of the rural public employment
program in Andhra Pradesh.