Overview

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. This volume will be useful for students, researchers and faculty working in the field of economics, development studies, political science and public administration. The book will also be an invaluable companion to policymakers looking for a thorough and compact view of the transition in the Indian economic situation and the resulting policy changes which took place since India’s independence.

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9781032510637

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The Indian Economy: Issues, Policies and Performances is a concise but comprehensive discussion of the evolution of the Indian economy and the transition in economic policies from the Nehruvian era to current times. Chapters on the demographic transition in India, sectoral changes in the Indian economy over time, comparisons between India and China and a discussion of the socioeconomic impact of COVID-19 and the policy response are highlights of the book. Written by authors with long teaching experience, the book is a must have for undergraduate students and faculty teaching courses on Indian Economics. Professor Zakir Husain Professor, Department of Economics, Presidency University An insightful, comprehensive, accessible and extremely effective textbook on the Indian economy. It is a must read for students and teachers of Indian economics. Professor Sugata Marjit First Distinguished Professor, Indian Institute of Foreign Trade, Former Vice-Chancellor, Calcutta University

"""The Indian Economy: Issues, Policies and Performances” is a concise but comprehensive discussion of the evolution of the Indian economy and the transition in economic policies from the Nehruvian era to current times. Chapters on the demographic transition in India, sectoral changes in the Indian economy over time, comparisons between India and China and a discussion of the socio-economic impact of COVID-19 and the policy response are highlights of the book. Written by authors with long teaching experience, the book is a must have for undergraduate students and faculty teaching courses on Indian Economics."" Dr. Zakir Husain, Professor, Department of Economics, Presidency University ""An insightful, comprehensive, accessible and extremely effective textbook on the Indian economy. It is a must read for students and teachers of Indian economics."" Professor (Dr.) Sugata Marjit, First Distinguished Professor, Indian Institute of Foreign Trade, Former Vice-Chancellor, Calcutta University"

Author Information

Rajib Bhattacharyya is an Associate Professor in the Department of Economics, Goenka College of Commerce and Business Administration, Kolkata, India, with more than 20 years of teaching experience. His fields of interests are International Trade, Finance and Development Economics. He has contributed and edited several articles in national and international journals/books, namely, IGI Global, Emerald, Routledge and Springer. Ananya Ghosh Dastidar is Professor and Head, Department of Finance and Business Economics and Dean, FASSH, University of Delhi. An alumnus of St. Xavier’s College, Kolkata and CESP, JNU, she has over 20 years of teaching experience, supervised several MPhil and PhD theses, and her research interests lie in the area of International Economics and the Economics of Development.

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