Indias Economic Policy
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Indias Economic Policy
Book Details
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Publisher: Penguin
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Author: Bimal Jalan
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Language: English
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ISBN: 9780140260069
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Pages: 224
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Cover: Paperback
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Dimensions: 7.7 x 5.0 x 0.5 inches
About the Book
In this incisive and well-argued book, renowned economist and former RBI Governor Bimal Jalan offers a critical examination of India’s economic performance since independence. Published in 1997, India's Economic Crisis explores why, despite fifty years of independence, India remains a poor country, ranking low in terms of per capita income and human development.
Jalan identifies the root causes of India’s underachievement as the persistence of policies that were initially a response to colonialism but have long outlived their relevance. He argues that India's economic growth has been hampered by outdated practices, particularly when compared to the more successful economies of China and other Asian nations.
In a clear and accessible style, Jalan makes a compelling case for economic reforms that shift the focus of government action towards areas where it can be most effective, while reducing involvement in areas where it has proven less successful. This thought-provoking analysis is essential reading for anyone interested in India’s economic challenges and the road ahead.
