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This volume puts together contributions by young researchers that highlight policy challenges in various sectors of the Indian economy and how they need to be handled. Three broad themes are covered in this volume, related to ‘India’s Growth Experience: Key Underlying Processes,’ ‘Agriculture and Climate Change’ and ‘Trade and Employment.’ The various aspects covered in this volume relate to the functioning of the economy and critical challenges facing the country today such as the problem of unemployment; issues related to environmental sustainability and climate change; as well as management of the external sector.

The intended audience for the book is post-graduate as well as research students of economics and applied economics fields. The papers included in this volume address topical issues and provide both an up to date review of literature as well as a glimpse of the wide array of methodological tools that may be used to analyze research questions in these areas.

Contents: Introduction. I. India’s Growth Experience: Key Underlying Processes: 1. Role of Networks in Promoting Innovation: The Curious Case of Ayurveda Research in India. 2. Disaggregated Impact of Monetary Policy. 3. The Ripple Effect of Indian Consumption Behaviour. 4. Manufacturing Sector Growth in India: A Projection in the light of Make in India Policy. 5. Including Health Education in Formal Education System: A case study of Delhi Schools: II. Agriculture and Climate Change: 6. Responsiveness of Rice-Growing Farmers towards Droughts and Floods in Odisha, India. 7. Factors of Climate Change Affecting Cereal Yield in India in the long-run. 8.Agricultural Growth and Crop Diversification in Himachal Pradesh. 9. Macroeconomic Activities and Environmental Degradation: A Cross Country Panel Data Analysis. III. Trade and Employment: 10. Long Run Impact of Trade on Employment in Organised Indian Food Processing Industry. 11. MGNREGA and Inclusive Growth: Examining the Evidence. 12. Role of Institutional Environment in Creating Employment Opportunities. 13. Role of Infrastructure in Trade Linkages: Evidence from India. 14. Indo-Latin American Trade: Evidence of ‘J’ Curve.