Sovik Mukherjee | St. Xavier's University, Kolkata (original) (raw)

Papers by Sovik Mukherjee

IGI Global eBooks, 2020

Terroristactivitiesinthepost-ParisPeaceTreatieshaveemergedasoneofthemostperilousagendas thataretr... more Terroristactivitiesinthepost-ParisPeaceTreatieshaveemergedasoneofthemostperilousagendas thataretroublingtheworldeconomiesandpoliticalfiguresinsecuringtheirnationsandregions. Several socioeconomic factors were evidenced to be the crucial factors in determining terrorist activitiesallaroundtheworld.Thepresentarticlestrivestoidentifythesignificanceofseveralsocio economicfactors,namely,refugeepopulation,accesstogoodsanitationfacilities,youthunemployment rate,percentageofeducationexpendituretoGDP,percentageofmilitaryexpendituretoGDP,per capitaGDPandpoliticalstabilityinthepanelofsevenSouthAsiancountriesandChinaforthe period2002-2016.Byapplyingbothstaticanddynamicpanelmodels,thearticleobservesthatall oftheselectedvariablesexplaintheterrorismindexwithexpectedsigns.Thearticlethusprescribes thatthegovernmentsoftheselectedcountriesshouldconcentrateonallocatingtheirbudgetsonthe improvementsofsectorsunderlyingtheassociatedindicators.

International Journal of Economic Theory, Nov 2, 2022

The paper models a uniform‐price Bertrand‐price‐competition in a differentiated product oligopoly... more The paper models a uniform‐price Bertrand‐price‐competition in a differentiated product oligopoly market, where the buyers' preference shows “love for variety.” The buyers differ from each other in their valuation of the differentiated product with a common outside option available to all. The model endogenously determines both the extensive and intensive margin of demand and the equilibrium number of varieties in the differentiated product market. It shows that in such a framework complementarity exists at the extensive margin of demand even in the presence of demand substitutability between the varieties. The results apply to the competition between brick and mortar shops and malls.

Emerald Publishing Limited eBooks, Aug 14, 2023

IGI Global eBooks, Sep 23, 2022

Regional Science Inquiry, 2020

Are there evidences of an association between poor mental health and the experience of poverty an... more Are there evidences of an association between poor mental health and the experience of poverty and socio-economic deprivation? To explore it, we try to relate all sorts of mental disorders with the per-capita GDP (PCGDP), the level of per-capita CO2 emissions as a measure of pollution (PCCO), usage of Internet (IU) as a measure of social behaviour, and Globalization Index (GI), for all the major countries in the world. Applying Vector Autoregression (VAR) model the results reveal that most of the high income countries in the selection have produced the result that mental disorder is cointegrated to the four socio economic indicators. The short run causality tests unambiguously backs up the sustainability of the long run cointegration relations derived for countries like Argentina, Australia, Canada, France, Germany, and UAE. Hence, mental disorder is not a problem to the lower income countries but to the high income countries as well.

Emerald Publishing Limited eBooks, Jul 19, 2023

International Journal of Economic Theory

The paper models a uniform‐price Bertrand‐price‐competition in a differentiated product oligopoly... more The paper models a uniform‐price Bertrand‐price‐competition in a differentiated product oligopoly market, where the buyers' preference shows “love for variety.” The buyers differ from each other in their valuation of the differentiated product with a common outside option available to all. The model endogenously determines both the extensive and intensive margin of demand and the equilibrium number of varieties in the differentiated product market. It shows that in such a framework complementarity exists at the extensive margin of demand even in the presence of demand substitutability between the varieties. The results apply to the competition between brick and mortar shops and malls.

Advances in Finance, Accounting, and Economics

Policymakers throughout the world have actively been in pursuit of improvements of financial mark... more Policymakers throughout the world have actively been in pursuit of improvements of financial markets in the developing regions, but often with disappointing results. In this background, this chapter claims that microfinance can play a significant role in financial development, and that by concentrating on microfinance, development policy can consolidate the links between financial development, growth, and thus inequality reduction. The inequality computation used is based on the generalized entropy index (standard assumption of weight equal to 2 is applicable). Panel cointegration and panel causality are the techniques that have been applied in a vector error correction mechanism (VECM) set-up using panel data for fifteen years across seven South-Asian nations (i.e., Bhutan, India, Afghanistan, Bangladesh, Nepal, Pakistan, and Sri Lanka). The findings validate the existence of a cointegrated relation coupled with a tri-variate causality linking the focus variables in this model in t...

Contributions to Economics

The last half century has witnessed an unprecedented number of financial crises and episodes of g... more The last half century has witnessed an unprecedented number of financial crises and episodes of great price and output volatility. Given the economic, financial, and trade inter-linkages of the global economy, both the US Subprime crisis and the 2010 Eurozone crisis spilled over into the emerging and developing economies and India was no exception. In this background, this chapter starts off with a whirlwind rundown of the existing literature, giving emphasis to the different generations of financial crisis models and shows how these have characterized the crises across the globe. Theoretically, the contribution of this chapter lies in proposing a macroeconomic model based on the Keynesian line of argument to explore the episodes of crises and the response of macro-variables in such a setup. This is in turn followed by the construction of a crisis index (CI), at monthly frequency which functions as the binary response variable in a probit model in conglomeration with some other macroeconomic variables which have played a role during the periods of crisis. Formulating the probit model empirically brings out the magnitude to which each macroeconomic variable have contributed to the probability of a crisis happening. The novelty of this chapter lies in the theoretical and the empirical portrayal of the crisis periods in conjunction with bringing out the most significant policy variables responsible in this regard.

The Impact of Global Terrorism on Economic and Political Development, 2019

Abstract In the context of social sustainability, characterization of sustainable development emb... more Abstract In the context of social sustainability, characterization of sustainable development embroils a process of growth not only without social disruption but also without the involvement of any severe risk of environmental collapse of the ecosystem. Economic, social, and environmental aspects in an interactive setup determine the different dimensions of sustainability. In this backdrop, this chapter focuses on the dimensions of social sustainability of the development process – particularly with an eye on the determining factors of social tension resulting in social disruption which in turn become noticeable through violent forms of different types of crime – homicides (murder), property-related crimes (dacoity, robbery, burglary, and theft), and riots. Although the occurrences of such crimes in an indicator of weakness in the law and order of the state, one needs to evaluate the significant role played by various types of deprivation and discrimination. This study attempts to find out the role played by economic deprivation for the incidence of such crimes in the presence of infrastructural and socioeconomic developmental factors. This analysis is performed in the context of India using generalized method of moments (GMM) structure with panel data of 16 major Indian states from 2005 to 2016.

The number of reported cases in India has been scaling up in geometric progression despite the st... more The number of reported cases in India has been scaling up in geometric progression despite the stringent lockdown norms imposed to keep people indoors since late March. Interestingly, on 31st March there were 1117 affected cases, 33610 on 30th April and 78003 till May 14 — an unprecedented rise in the numbers. Historical records are suggestive of the fact that no such lockdown measures were implemented for pandemics which had destroyed human lives and had long lasting effects over a period of time. This makes the case of COVID-19 more interesting. This lockdown measure is being implemented across the globe, India being no exception, has two-fold effects, viz., first, in terms of slowing down the economy and second, as a preventive measure to control the spread of COVID-19. In the present research article, we propose a differential equation based mathematical model for modeling India’s COVID-19 that incorporates the lockdown effect while looking at the future predictions in terms of the spread and the extent to which lockdown has been effective in India. We have estimated the growth of COVID-19 across India using modified SIR modeling, which is a Compartmental model in Epidemiology. Further, use of SIQR model to estimate the growth of this disease across the country. Also, a constant factor has been introduced in the model to measure the number of corona affected patients count due to any accidental mass crowd gathering. The novelty in the paper is the comparative study of the models under two scenarios viz., what could have been the figure without lockdown and social distancing and with lockdown and social distancing. Simultaneously, this is correlated with the predictions for fall in the level of GDP growth (under case based scenarios of comparative growth rates with and without fiscal stimulus that government introduces). Our model predicts that not only will the lockdown to a certain extent control the spread of coronavirus in future but also will exacerbate the size of the recession caused by the epidemic. The paper concludes by suggesting some broadly defined strategies in line with reaching the optimum trade-off between saving lives and saving the economy and how to get the economy back on track backed by proper implementation and monitoring.

Structured Abstract: Purpose: The present study is an attempt to draw a contrast between regular ... more Structured Abstract: Purpose: The present study is an attempt to draw a contrast between regular and casual workers across the states in India and to what extent their levels of education influence wages during the post-liberalization era. Design and Methodology: The data from 5 rounds of NSSO survey viz. −-12 have been used for this study. Estimation of the Mincerian wage function has been performed by making use of the Multiple Linear Panel Data Model. Findings: The results give a clear indication that in the post-liberalization era, there has been a significant amount of variation in the wage structure of regular and casual workers. Also, the casual sector does not value education to that extent as compared to regular. Value / Originality: The uniqueness of this paper lies in carrying out a panel data analysis across the 23 major states in India and in this context, connecting different levels of education and average daily wage is something novel in empirical economics.

Comparative Advantage in the Knowledge Economy, 2021

Summing up, the implication in terms of knowledge gained is particularly of interest for the port... more Summing up, the implication in terms of knowledge gained is particularly of interest for the portfolio managers who are engaged in devising diversification strategies for their portfolios.

Of late, the ongoing trade war between the two most powerful economies of the world – United Stat... more Of late, the ongoing trade war between the two most powerful economies of the world – United States and China – has placed both the countries on a horrid front, breaking the world’s most important bilateral relationship of the twenty-first century. Their failure to reach a concrete agreement on mutual benefit on matters related to growing hefty amount of China’s current account surplus of balance of payments (BoP) and endangering United States to create jobs on its side, China’s use of illegal and unfair methods to acquire rights on intellectual property and US technology at an effectively discounted price; and also the concern that China by hook or by crook seeks to weaken the US economy has made matters worse. It is in this context the chapter analyzes the trade tensions between them and the context under which it came to the fore and with what outcomes. The analysis recommends interventions of the global leaders to mitigate the issues for the betterment of the world economy.

One of the highly debatable issues in the arena of international economics in recent years is whe... more One of the highly debatable issues in the arena of international economics in recent years is whether a country should go for full capital account convertibility. In terms of the timing and process of capital account liberalization, India and China have been remarkably similar. Both started with a more or less closed capital account in the 1970s and the 1980s, in the context of a heavily state-influenced, planned economy. And in both countries, the first wave of liberalization came in the early 1990s and thus, the journey began. The objective of this chapter is to provide a critical analysis of both India and China's approach to the capital account liberalization program in the backdrop of the recent financial crises and to give an account of the theoretical issues that have arisen in international discussions on CAC and India's standpoint on this issue in particular. Second, how far is the capital account liberalization justified in the context of the recent episodes of fin...

There is a rich literature which states that India did not suffer much from the impacts of the US... more There is a rich literature which states that India did not suffer much from the impacts of the US financial crisis, but there is a school of thought which believes that the idea of India being insulated or decoupled from the contagion on account of limited integration into the world economy has been proved to be wrong. What is interesting is the focus has always been on the services sector and not on the manufacturing sector in India. In this background, this chapter tries to understand whether manufacturing sectors' productivity growth was one of the reasons that the crisis worsened in India or was it because of the crisis that India's manufacturing sector went into a deep recession. To look into the causality issue, the author estimates the productivity loss index (PLI) for the Indian industries during the period between July 2007 and July 2010 by estimating the fall in growth percentages in consecutive months for a total of 9,000 manufacturing, mining, and electricity ind...

Regional Science Inquiry, 2020

Are there evidences of an association between poor mental health and the experience of poverty an... more Are there evidences of an association between poor mental health and the experience of poverty and socio-economic deprivation? To explore it, we try to relate all sorts of mental disorders with the per-capita GDP (PCGDP), the level of per-capita CO2 emissions as a measure of pollution (PCCO), usage of Internet (IU) as a measure of social behaviour, and Globalization Index (GI), for all the major countries in the world. Applying Vector Autoregression (VAR) model the results reveal that most of the high income countries in the selection have produced the result that mental disorder is cointegrated to the four socio economic indicators. The short run causality tests unambiguously backs up the sustainability of the long run cointegration relations derived for countries like Argentina, Australia, Canada, France, Germany, and UAE. Hence, mental disorder is not a problem to the lower income countries but to the high income countries as well.

Imperial journal of interdisciplinary research, 2016

The issue of climate change is no longer an environmental matter of concern per se but has severa... more The issue of climate change is no longer an environmental matter of concern per se but has several entangled dimensions to it. India has experienced fast GDP growth which fashioned a great opportunity to improve the developmental indicators including food security but in reality the results are much below expectations. There is scientific consensus on the climate change issue expecting to have substantial impacts on food security. Given this background, this paper reviews the issue of food security in the Indian context and the impending crisis that awaits us.

IGI Global eBooks, 2020

Terroristactivitiesinthepost-ParisPeaceTreatieshaveemergedasoneofthemostperilousagendas thataretr... more Terroristactivitiesinthepost-ParisPeaceTreatieshaveemergedasoneofthemostperilousagendas thataretroublingtheworldeconomiesandpoliticalfiguresinsecuringtheirnationsandregions. Several socioeconomic factors were evidenced to be the crucial factors in determining terrorist activitiesallaroundtheworld.Thepresentarticlestrivestoidentifythesignificanceofseveralsocio economicfactors,namely,refugeepopulation,accesstogoodsanitationfacilities,youthunemployment rate,percentageofeducationexpendituretoGDP,percentageofmilitaryexpendituretoGDP,per capitaGDPandpoliticalstabilityinthepanelofsevenSouthAsiancountriesandChinaforthe period2002-2016.Byapplyingbothstaticanddynamicpanelmodels,thearticleobservesthatall oftheselectedvariablesexplaintheterrorismindexwithexpectedsigns.Thearticlethusprescribes thatthegovernmentsoftheselectedcountriesshouldconcentrateonallocatingtheirbudgetsonthe improvementsofsectorsunderlyingtheassociatedindicators.

International Journal of Economic Theory, Nov 2, 2022

The paper models a uniform‐price Bertrand‐price‐competition in a differentiated product oligopoly... more The paper models a uniform‐price Bertrand‐price‐competition in a differentiated product oligopoly market, where the buyers' preference shows “love for variety.” The buyers differ from each other in their valuation of the differentiated product with a common outside option available to all. The model endogenously determines both the extensive and intensive margin of demand and the equilibrium number of varieties in the differentiated product market. It shows that in such a framework complementarity exists at the extensive margin of demand even in the presence of demand substitutability between the varieties. The results apply to the competition between brick and mortar shops and malls.

Emerald Publishing Limited eBooks, Aug 14, 2023

IGI Global eBooks, Sep 23, 2022

Regional Science Inquiry, 2020

Are there evidences of an association between poor mental health and the experience of poverty an... more Are there evidences of an association between poor mental health and the experience of poverty and socio-economic deprivation? To explore it, we try to relate all sorts of mental disorders with the per-capita GDP (PCGDP), the level of per-capita CO2 emissions as a measure of pollution (PCCO), usage of Internet (IU) as a measure of social behaviour, and Globalization Index (GI), for all the major countries in the world. Applying Vector Autoregression (VAR) model the results reveal that most of the high income countries in the selection have produced the result that mental disorder is cointegrated to the four socio economic indicators. The short run causality tests unambiguously backs up the sustainability of the long run cointegration relations derived for countries like Argentina, Australia, Canada, France, Germany, and UAE. Hence, mental disorder is not a problem to the lower income countries but to the high income countries as well.

Emerald Publishing Limited eBooks, Jul 19, 2023

International Journal of Economic Theory

The paper models a uniform‐price Bertrand‐price‐competition in a differentiated product oligopoly... more The paper models a uniform‐price Bertrand‐price‐competition in a differentiated product oligopoly market, where the buyers' preference shows “love for variety.” The buyers differ from each other in their valuation of the differentiated product with a common outside option available to all. The model endogenously determines both the extensive and intensive margin of demand and the equilibrium number of varieties in the differentiated product market. It shows that in such a framework complementarity exists at the extensive margin of demand even in the presence of demand substitutability between the varieties. The results apply to the competition between brick and mortar shops and malls.

Advances in Finance, Accounting, and Economics

Policymakers throughout the world have actively been in pursuit of improvements of financial mark... more Policymakers throughout the world have actively been in pursuit of improvements of financial markets in the developing regions, but often with disappointing results. In this background, this chapter claims that microfinance can play a significant role in financial development, and that by concentrating on microfinance, development policy can consolidate the links between financial development, growth, and thus inequality reduction. The inequality computation used is based on the generalized entropy index (standard assumption of weight equal to 2 is applicable). Panel cointegration and panel causality are the techniques that have been applied in a vector error correction mechanism (VECM) set-up using panel data for fifteen years across seven South-Asian nations (i.e., Bhutan, India, Afghanistan, Bangladesh, Nepal, Pakistan, and Sri Lanka). The findings validate the existence of a cointegrated relation coupled with a tri-variate causality linking the focus variables in this model in t...

Contributions to Economics

The last half century has witnessed an unprecedented number of financial crises and episodes of g... more The last half century has witnessed an unprecedented number of financial crises and episodes of great price and output volatility. Given the economic, financial, and trade inter-linkages of the global economy, both the US Subprime crisis and the 2010 Eurozone crisis spilled over into the emerging and developing economies and India was no exception. In this background, this chapter starts off with a whirlwind rundown of the existing literature, giving emphasis to the different generations of financial crisis models and shows how these have characterized the crises across the globe. Theoretically, the contribution of this chapter lies in proposing a macroeconomic model based on the Keynesian line of argument to explore the episodes of crises and the response of macro-variables in such a setup. This is in turn followed by the construction of a crisis index (CI), at monthly frequency which functions as the binary response variable in a probit model in conglomeration with some other macroeconomic variables which have played a role during the periods of crisis. Formulating the probit model empirically brings out the magnitude to which each macroeconomic variable have contributed to the probability of a crisis happening. The novelty of this chapter lies in the theoretical and the empirical portrayal of the crisis periods in conjunction with bringing out the most significant policy variables responsible in this regard.

The Impact of Global Terrorism on Economic and Political Development, 2019

Abstract In the context of social sustainability, characterization of sustainable development emb... more Abstract In the context of social sustainability, characterization of sustainable development embroils a process of growth not only without social disruption but also without the involvement of any severe risk of environmental collapse of the ecosystem. Economic, social, and environmental aspects in an interactive setup determine the different dimensions of sustainability. In this backdrop, this chapter focuses on the dimensions of social sustainability of the development process – particularly with an eye on the determining factors of social tension resulting in social disruption which in turn become noticeable through violent forms of different types of crime – homicides (murder), property-related crimes (dacoity, robbery, burglary, and theft), and riots. Although the occurrences of such crimes in an indicator of weakness in the law and order of the state, one needs to evaluate the significant role played by various types of deprivation and discrimination. This study attempts to find out the role played by economic deprivation for the incidence of such crimes in the presence of infrastructural and socioeconomic developmental factors. This analysis is performed in the context of India using generalized method of moments (GMM) structure with panel data of 16 major Indian states from 2005 to 2016.

The number of reported cases in India has been scaling up in geometric progression despite the st... more The number of reported cases in India has been scaling up in geometric progression despite the stringent lockdown norms imposed to keep people indoors since late March. Interestingly, on 31st March there were 1117 affected cases, 33610 on 30th April and 78003 till May 14 — an unprecedented rise in the numbers. Historical records are suggestive of the fact that no such lockdown measures were implemented for pandemics which had destroyed human lives and had long lasting effects over a period of time. This makes the case of COVID-19 more interesting. This lockdown measure is being implemented across the globe, India being no exception, has two-fold effects, viz., first, in terms of slowing down the economy and second, as a preventive measure to control the spread of COVID-19. In the present research article, we propose a differential equation based mathematical model for modeling India’s COVID-19 that incorporates the lockdown effect while looking at the future predictions in terms of the spread and the extent to which lockdown has been effective in India. We have estimated the growth of COVID-19 across India using modified SIR modeling, which is a Compartmental model in Epidemiology. Further, use of SIQR model to estimate the growth of this disease across the country. Also, a constant factor has been introduced in the model to measure the number of corona affected patients count due to any accidental mass crowd gathering. The novelty in the paper is the comparative study of the models under two scenarios viz., what could have been the figure without lockdown and social distancing and with lockdown and social distancing. Simultaneously, this is correlated with the predictions for fall in the level of GDP growth (under case based scenarios of comparative growth rates with and without fiscal stimulus that government introduces). Our model predicts that not only will the lockdown to a certain extent control the spread of coronavirus in future but also will exacerbate the size of the recession caused by the epidemic. The paper concludes by suggesting some broadly defined strategies in line with reaching the optimum trade-off between saving lives and saving the economy and how to get the economy back on track backed by proper implementation and monitoring.

Structured Abstract: Purpose: The present study is an attempt to draw a contrast between regular ... more Structured Abstract: Purpose: The present study is an attempt to draw a contrast between regular and casual workers across the states in India and to what extent their levels of education influence wages during the post-liberalization era. Design and Methodology: The data from 5 rounds of NSSO survey viz. −-12 have been used for this study. Estimation of the Mincerian wage function has been performed by making use of the Multiple Linear Panel Data Model. Findings: The results give a clear indication that in the post-liberalization era, there has been a significant amount of variation in the wage structure of regular and casual workers. Also, the casual sector does not value education to that extent as compared to regular. Value / Originality: The uniqueness of this paper lies in carrying out a panel data analysis across the 23 major states in India and in this context, connecting different levels of education and average daily wage is something novel in empirical economics.

Comparative Advantage in the Knowledge Economy, 2021

Summing up, the implication in terms of knowledge gained is particularly of interest for the port... more Summing up, the implication in terms of knowledge gained is particularly of interest for the portfolio managers who are engaged in devising diversification strategies for their portfolios.

Of late, the ongoing trade war between the two most powerful economies of the world – United Stat... more Of late, the ongoing trade war between the two most powerful economies of the world – United States and China – has placed both the countries on a horrid front, breaking the world’s most important bilateral relationship of the twenty-first century. Their failure to reach a concrete agreement on mutual benefit on matters related to growing hefty amount of China’s current account surplus of balance of payments (BoP) and endangering United States to create jobs on its side, China’s use of illegal and unfair methods to acquire rights on intellectual property and US technology at an effectively discounted price; and also the concern that China by hook or by crook seeks to weaken the US economy has made matters worse. It is in this context the chapter analyzes the trade tensions between them and the context under which it came to the fore and with what outcomes. The analysis recommends interventions of the global leaders to mitigate the issues for the betterment of the world economy.

One of the highly debatable issues in the arena of international economics in recent years is whe... more One of the highly debatable issues in the arena of international economics in recent years is whether a country should go for full capital account convertibility. In terms of the timing and process of capital account liberalization, India and China have been remarkably similar. Both started with a more or less closed capital account in the 1970s and the 1980s, in the context of a heavily state-influenced, planned economy. And in both countries, the first wave of liberalization came in the early 1990s and thus, the journey began. The objective of this chapter is to provide a critical analysis of both India and China's approach to the capital account liberalization program in the backdrop of the recent financial crises and to give an account of the theoretical issues that have arisen in international discussions on CAC and India's standpoint on this issue in particular. Second, how far is the capital account liberalization justified in the context of the recent episodes of fin...

There is a rich literature which states that India did not suffer much from the impacts of the US... more There is a rich literature which states that India did not suffer much from the impacts of the US financial crisis, but there is a school of thought which believes that the idea of India being insulated or decoupled from the contagion on account of limited integration into the world economy has been proved to be wrong. What is interesting is the focus has always been on the services sector and not on the manufacturing sector in India. In this background, this chapter tries to understand whether manufacturing sectors' productivity growth was one of the reasons that the crisis worsened in India or was it because of the crisis that India's manufacturing sector went into a deep recession. To look into the causality issue, the author estimates the productivity loss index (PLI) for the Indian industries during the period between July 2007 and July 2010 by estimating the fall in growth percentages in consecutive months for a total of 9,000 manufacturing, mining, and electricity ind...

Regional Science Inquiry, 2020

Are there evidences of an association between poor mental health and the experience of poverty an... more Are there evidences of an association between poor mental health and the experience of poverty and socio-economic deprivation? To explore it, we try to relate all sorts of mental disorders with the per-capita GDP (PCGDP), the level of per-capita CO2 emissions as a measure of pollution (PCCO), usage of Internet (IU) as a measure of social behaviour, and Globalization Index (GI), for all the major countries in the world. Applying Vector Autoregression (VAR) model the results reveal that most of the high income countries in the selection have produced the result that mental disorder is cointegrated to the four socio economic indicators. The short run causality tests unambiguously backs up the sustainability of the long run cointegration relations derived for countries like Argentina, Australia, Canada, France, Germany, and UAE. Hence, mental disorder is not a problem to the lower income countries but to the high income countries as well.

Imperial journal of interdisciplinary research, 2016

The issue of climate change is no longer an environmental matter of concern per se but has severa... more The issue of climate change is no longer an environmental matter of concern per se but has several entangled dimensions to it. India has experienced fast GDP growth which fashioned a great opportunity to improve the developmental indicators including food security but in reality the results are much below expectations. There is scientific consensus on the climate change issue expecting to have substantial impacts on food security. Given this background, this paper reviews the issue of food security in the Indian context and the impending crisis that awaits us.