ISBN 9788177081329,Sixty Years of Indian Economy, 1947 to 2007 (2 vol. set)

Sixty Years of Indian Economy, 1947 to 2007 (2 vol. set)



New Century Press

Publication Year 2007

ISBN 9788177081329

ISBN-10 8177081322


Number of Pages 1474 Pages
Language (English)

Business & Economics

At the time of Independence in 1947, India was a typically backward economy. Owing to poor technological and scientific capabilities, industrialisation was limited and lop-sided. Agricultural sector exhibited features of feudal and semi-feudal institutions, resulting into low productivity. Means of transport and communications were underdeveloped, educational and health facilities inadequate, and social security measures virtually non-existent. In brief, poverty was rampant and unemployment widespread, both making for low general standard of living. This book provides a comprehensive description and analysis of developments in various sectors of the Indian economy since Independence. It particularly focuses on reform measures undertaken since 1991. The areas covered are: human resources, five year plans, economic reforms, agriculture, industry, infrastructure, fiscal policy, money and prices, banking and finance, employment and labour welfare, social security, environment and foreign trade.