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@article{208046,
        author = {Narinder  Sharma},
        title = {Mathematical Perspective on India’s Economic Development and Policy Design},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {13},
        number = {4},
        pages = {99-106},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=208046},
        abstract = {This paper develops a rigorous mathematical and quantitative framework to analyze India’s economic growth trajectory, structural transformation, macroeconomic policy transmission, and optimal developmental policy design. Moving beyond descriptive macroeconomic narratives, we formulate India's distinct transition dynamics—characterized by premature de-industrialization and a rapid, service-led shift—within multi-sector dynamic general equilibrium (DSGE) and continuous-time optimal growth frameworks. We formally model sectoral capital allocation, the interaction between monetary policy reaction functions and large informal labor markets, fiscal multiplier dynamics under debt-sustainability constraints, and input-output network linkages across the Indian economy. Through calibrated analytical derivations and mathematical policy optimization, we derive Pareto-efficient resource allocation rules, optimal capital expenditure trajectories, and inflation-targeting frontiers tailored to emerging market structural rigidities.},
        keywords = {},
        month = {September},
        }