‘Jha is the right scholar and economist to take readers through the development of the Indian economy. Readers will be in good hands.’ -Edmund Phelps, Columbia University, USA, and winner of the 2006 Nobel Prize in Economics ‘This is perhaps the best and most scholarly contribution to...

pt. 1. Economic growth -- part 2. Human development issues -- part 3. Monetary and fiscal policy issues -- part 4. Sectoral issues -- part 5. International trade and financial flows -- part 6. Environmental issues.