About Book:
It feels great to present the 8th edition of the book Indian Economy to its readers. The book has undergone an in depth revision work owing to its increasing popularity; in fact, I can feel that to remain among the list of best-seller is always challenging!
The new edition comes at a time when the economy of India has emerged as the most watched economy in the whole world, for the analysts and the international economic organizations alike. The relevance of a deeper scrutiny of India’s economy increases ever more because the Chinese economy is showing signs od deceleration and world investors are trying to seek a possible alternative to the latter
We find a willingness in the Government to redefine the landscape of the Indian economic policy. The very attitude of policy-making seems to be undergoing the process of restructuring with several firsts, for example-for the first time, we see an urge to frame policies from the Indian perspective; a willing effort from the center to carve out a new equation of Centre-State co-operation (with the idea of co-operative federalism being the benchmark for the NITI Aayog); move towards evolving a holistic model of development; enhancing the element of trust in the country between the diverse economic actors; etc. On one hand, we find the Government eager to speed up investment and growth in the country, while on the other hand, we see it committing
