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(as of May 21,2021 23:40:17 UTC – Details)
The book is on the post independence Economic and Industrial development. It describes various constraints, compulsion faced by the industry during first four decades of post independence.
Policies and plans for economic and industrial development in various phases. 5 five year plans and their rational. The book also discusses effects of Bank nationalisation in 1969, Green Revolution and Emergency in India during 1975 to 1977.
The book also covers Coalition governments in different stages and its effect development. The book also covers gradual degradation in bureaucracy, particularly the moral and ethics of senior bureaucrats, Political influence in decision making. “License Raj”, import restrictions, hurdles for setting up a new industry. Effects of prolonged protectionist policy through the licensing and isolating India from rest of the world for long period of time. Rational and effects of economic reforms, globalisation and their effects on the economy.
To gauge India’s economic development a comparison has been made with the Chinese economic and policies development which started more or less at same time as India.