{"product_id":"managing-public-finances-in-a-new-global-era-copy-2","title":"Indian Economy Since Independence (36th Edition 2025-26)","description":"\u003cdiv\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003ePraise for this book\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e“The annual publication, Indian Economy Since Independence edited by Dr Uma Kapila is a veritable boon to the Economics student community in India. The authors she chooses for the different  themes are eminent economists or public policy experts. The amount of effort she puts in the editorial notes for each subject area is tremendous. I am greatly impressed by the high quality and rich range of successive editions of the book. I look forward to the latest edition of the book year after year. My hearty compliments to Dr. Kapila.”\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e— K L Krishna\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e    Former Director, Delhi School of Economics; Padma Shri Awardee-2025\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003eSharing a piece of its history...\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003eYear 1988: On publication of the first edition of this book, which was originally designed for students of the University of Delhi, Prof. VKRV Rao, the legendary economist, policymaker and institution builder, thus wrote   in a letter addressed to the editor Uma Kapila:\u003c\/div\u003e\n\u003cdiv\u003e“...It will be a most unusual kind of textbook for pioneering which you deserve congratulations. I, therefore, send you   my good wishes for the success of the publication and its use by students who do Economics Honours not only in the University of Delhi but also other universities.”   \u003c\/div\u003e\n\u003cdiv\u003e\n\u003cstrong\u003e— V.K.R.V. Rao\u003c\/strong\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cem\u003ePraise for the 25th (silver jubilee) edition:\u003c\/em\u003e\u003c\/div\u003e\n\u003cdiv\u003e“Uma Kapila’s 25th edition of this well-known volume contains an excellent and up-to-date collection of essays on the Indian Economy by some of the country’s leading economists, interspersed with very useful contributions by the editor herself. It will be a great boon for all students of the Indian economy…young and old.”\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e— Shankar Acharya\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e    Chief Economic Adviser to the Government of India (1993-2001)\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e“The annual edition of Dr. Uma Kapila’s Indian Economy since Independence has become a staple, annually updated, reference for University students throughout the country, for aspirants for the civil service and other examinations, and  for all those interested in a single comprehensive source of information, and analysis by a galaxy of scholars, on the Indian economy. This twenty-fifth anniversary edition marks a milestone in a remarkable journey, begun in 1988 by a revered teacher of long standing from Delhi University.” \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e— Indira Rajaraman\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e    Member, 13th Finance Commission and \u003c\/div\u003e\n\u003cdiv\u003e    Member, India Advisory Board of the World Gold Council\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003ch1 class=\"d_normalheder\"\u003e\n\u003cspan\u003e\u003c\/span\u003e\u003cbr\u003e\n\u003c\/h1\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eAbout the Author(s) \/ Editor(s)\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv\u003e\n\u003cp\u003e\u003cstrong\u003eDr. Uma Kapila,\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003eauthor\/editor of several books on Indian economy, retired as Reader, Department of Economics, Miranda House, University of Delhi. She has taught Indian economy to undergraduate students for more than 42 years. Currently, she is Editorial Director, Academic Foundation.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003ch2 class=\"d_normalheder\"\u003e\u003cspan\u003eContributors\u003c\/span\u003e\u003c\/h2\u003e\n\u003cdiv class=\"more\"\u003e\n\u003cp\u003eSarthi Acharya\u003c\/p\u003e\n\u003cp\u003ePulapre Balakrishnan\u003c\/p\u003e\n\u003cp\u003eRupa Chanda\u003c\/p\u003e\n\u003cp\u003eAjay Chhibber\u003c\/p\u003e\n\u003cp\u003eShaktikanta Das\u003c\/p\u003e\n\u003cp\u003eBibek Debroy (late)\u003c\/p\u003e\n\u003cp\u003eSatish Y. Deodhar\u003c\/p\u003e\n\u003cp\u003eS. Mahendra Dev\u003c\/p\u003e\n\u003cp\u003eBiswajit Dhar\u003c\/p\u003e\n\u003cp\u003eTim Dyson\u003c\/p\u003e\n\u003cp\u003eMaitreesh Ghatak\u003c\/p\u003e\n\u003cp\u003eAshok Gulati\u003c\/p\u003e\n\u003cp\u003eVijay Joshi\u003c\/p\u003e\n\u003cp\u003eRitika Juneja\u003c\/p\u003e\n\u003cp\u003eUma Kapila\u003c\/p\u003e\n\u003cp\u003eMuneesh Kapur\u003c\/p\u003e\n\u003cp\u003eVijay Kelkar\u003c\/p\u003e\n\u003cp\u003eNagesh Kumar\u003c\/p\u003e\n\u003cp\u003eTulsi Lingareddy\u003c\/p\u003e\n\u003cp\u003eSantosh Mehrotra\u003c\/p\u003e\n\u003cp\u003eRakesh Mohan\u003c\/p\u003e\n\u003cp\u003eR. Nagaraj\u003c\/p\u003e\n\u003cp\u003eArvind Panagariya\u003c\/p\u003e\n\u003cp\u003eMichael Debabrata Patra\u003c\/p\u003e\n\u003cp\u003eT.S. Papola (late)\u003c\/p\u003e\n\u003cp\u003eManish Kumar Prasad\u003c\/p\u003e\n\u003cp\u003eC. Rangarajan\u003c\/p\u003e\n\u003cp\u003eC.H. Hanumantha Rao\u003c\/p\u003e\n\u003cp\u003eM. Govinda Rao\u003c\/p\u003e\n\u003cp\u003ePartha Ray\u003c\/p\u003e\n\u003cp\u003eA. Amarender Reddy\u003c\/p\u003e\n\u003cp\u003eRanjana Roy\u003c\/p\u003e\n\u003cp\u003eAlakh N. Sharma\u003c\/p\u003e\n\u003cp\u003eD.K. Srivastava\u003c\/p\u003e\n\u003cp\u003eK.R. Shanmugam\u003c\/p\u003e\n\u003cp\u003eJayan Jose Thomas\u003c\/p\u003e\n\u003ch2\u003e\u003cbr\u003e\u003c\/h2\u003e\n\u003ch2\u003eContents in Detail\u003c\/h2\u003e\n\u003cspan class=\"morecontent\"\u003e\u003c\/span\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"glossymenu\"\u003e\n\u003cdiv class=\"submenu\"\u003e\n\u003cdiv\u003ePreface\u003c\/div\u003e\n\u003cdiv\u003eAcknowledgements\u003c\/div\u003e\n\u003cdiv\u003eAbout the Contributors\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePart I\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePlanning, Institutional Framework,\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eConstraints and  Role of the State\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e1. Indian Economy at Independence: Planning, Market and the State\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eUma Kapila\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e2. India’s Economic Reforms: Reflections on the Unfinished Agenda\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eVijay Joshi\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e3. Fiscal and Budgetary Developments: Prospects and Reforms\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eEditorial Notes\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e4. Sustainable Fiscal Policy in India Post-Pandemic Challenges\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eM. Govinda Rao\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e5. Reflections on Political Economy of India’s Tax Policies\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eVijay Kelkar\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e6. Union Budget 2025-26 (A Summary)\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eMinistry of Finance\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e7. A Budget that is Mostly Good but with One Wrong Move\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eC. Rangarajan and D.K. Srivastava\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e8. Communicating Monetary Policy\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eMichael Debabrata Patra\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e9. Demography and Development\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eEditorial Notes\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e10. India’s Demographic Transition and its Consequences for Development\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eTim Dyson\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e11. The State of Urbanisation: Yesterday, Today and Tomorrow\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eRakesh Mohan\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePart II\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eGrowth and Structural Change since 1950\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e12. Growth and Structural Change Since 1950\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eEditorial Notes\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e13. The Recovery of India: Economic Growth in the Nehru Era\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003ePulapre Balakrishnan\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e14. Pressing the Indian Growth Accelerator: Policy Imperative\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eRakesh Mohan and Muneesh Kapur\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e15. India on the Growth Turnpike: No State Left Behind\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eArvind Panagariya\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e16. India’s Growth Prospects and Policy Options: Emerging from the Pandemic’s Shadow\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eC. Rangarajan and D.K. Srivastava\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e17. A Plan to Make Growth Inclusive and Empowering\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eBibek Debroy\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePart III\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eDistributional Issues:\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePoverty, Inequality and Unemployment\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e18. Assessment of the Growth Experience: Poverty, Inequality and Unemployment\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eEditorial Notes\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e19. Report of the Expert Group to Review the Methodology for Measurement of Poverty: Executive Summary\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eRangarajan Committee Report\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e20. Counting the Poor: Measurement and Other Issues\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eC. Rangarajan and S. Mahendra Dev\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e21. Rising Inequalities in income in India: Key Role of Socio-Political Factors\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eC.H. Hanumantha Rao\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e22. Debating Inequalities in the Backdrop of Elections\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003eMaitreesh Ghatak\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e23. Labour and Employment in Fast Growing India: Issues of Employment and Inclusiveness\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eT.S. Papola and Alakh N. Sharma\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePart IV\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eAgriculture\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e24. Indian Agriculture: Developments, Issues, Policies and Agenda for Reforms\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eEditorial Notes\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e25. A New Deal for Agriculture: Towards Viksit Bharat @2047\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eAshok Gulati, Ranjana Roy, Ritika Juneja and Manish Kumar Prasad\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e26. Making a New Beginning on Farm Reform\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eSatish Y. Deodhar and Vijay Kelkar\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e27. The Agricultural Market Reforms: Is there a Trade-off Between Efficiency and Equality?\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eSarthi Acharya and Santosh Mehrotra\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e28. Raising Farmers’ Income Requires More Than MSP Guarantee\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eA. Amarender Reddy and Tulsi Lingareddy\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePart V\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eIndustry, Services and Infrastructure\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e29. Industrial Development and Policies since Independence\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eEditorial Notes\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e30. Reviving Manufacturing and Employment\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eR. Nagaraj\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e31. Economic Growth without Employment: The Story of Indian Manufacturing\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eJayan Jose Thomas\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e32. On Strategies for Disinvestment and Privatisation\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eVijay Kelkar\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e33. India’s Services Sector:Trends, Opportunities and Challengess\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eRupa Chanda\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e34. Infrastructure and Economic Development \u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eEditorial Notes\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e35. Indian Financial Sector: Structure, Trends and Turns\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eRakesh Mohan and Partha Ray\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e36. Seven Ages of India’s Monetary Policy\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eShaktikanta Das\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePart VI\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003eThe External Sector\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e37. India’s External Sector:  Policies, Developments and Issues\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eEditorial Notes\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e38. India’s New Foreign Trade Policy: Pluses and Minuses\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eBiswajit Dhar\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e39. Foreign Direct and Portfolio Investments Flows and Development: A Perspective on Indian Experience\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eNagesh Kumar\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e40. India and the WTO\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eEditorial Notes\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e41. The Challenge of Reforming the WTO\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eAjay Chhibber\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003ePart VII\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e42. Indian Economy Today: An Overview and Comparative Perspective\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eUma Kapila\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e43. Journey to 2047 \u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eC. Rangarajan and D.K. Srivastava\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003cdiv\u003e \u003c\/div\u003e\n\u003cdiv\u003e\u003cspan\u003e44. Viksit Bharat: The Challenges Ahead\u003c\/span\u003e\u003c\/div\u003e\n\u003cdiv\u003e\u003cstrong\u003e\u003cspan\u003eC. Rangarajan and K.R. Shanmugam\u003c\/span\u003e\u003c\/strong\u003e\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cdiv\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cmeta charset=\"utf-8\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cbr\u003e\n\u003c\/div\u003e\n\u003ctable width=\"100%\" style=\"width: 100%; height: 78.3752px;\"\u003e\n\u003ctbody\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublisher\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003eAF Press\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003ePublication Date\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e2025\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eNumber of Pages\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e1128\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr style=\"height: 19.5938px;\"\u003e\n\u003ctd style=\"width: 51.6006%; height: 19.5938px;\"\u003eISBN\u003c\/td\u003e\n\u003ctd style=\"width: 47.9553%; height: 19.5938px;\"\u003e\n\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003e9789332707016\u003c\/span\u003e\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e","brand":"Uma Kapila","offers":[{"title":"Paperback \/ ENG- English \/ Economics","offer_id":51025639473473,"sku":null,"price":1345.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/9067\/5009\/files\/IESE-36_front.png?v=1763983158","url":"https:\/\/www.academicfoundation.com\/products\/managing-public-finances-in-a-new-global-era-copy-2","provider":"Academic Foundation | AF Press","version":"1.0","type":"link"}