The Indian Economy: Issues, Policies and Performance

This book provides a detailed structured analysis of the transition that has taken place in the Indian economy since independence to the present times (including the period of COVID-19 pandemic). Analysing objectives, achievements and failure of planning, the book discusses the crisis in the late 1980s, followed by economic reforms – structural changes and stabilization policies implemented along with regional variation on the development pattern across states. The book also examines policies of distribution, poverty, inequality, and unemployment, reform measures in major sectors, namely, banking or financial sector in general, tax or fiscal policy, external or trade and exchange rate policy.