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

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

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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.