This paper is a short history of the Indian economy since 1968. India today is a changed country from what it was half a century ago, when Myrdal published his Asian Drama. The stranglehold of low growth has been broken, its population below the poverty line has fallen markedly, and India has...

Papers presented at the National Conference in Honour of K.N. Raj, economic planning advisor, and economics professor from India; conference held in 2004 at St. Thomas College, Trichur, in the state of Kerala, India; honorary volume