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Book Summary of Policy Changes Through Budgets And Economic Growth
The book on "Policy Changes through Budgets and Economic Growth", written and edited by Suresh R. Desai and Professor Sunita Anand, has been published with a view to offer scenario of changing economic policies by the Government through the medium of Budgets presented every year by the Finance Ministers. However, the changing economic policies have helped to change the course of our economic development process over the period of years from 1950 to 2010, has been analytically presented by these two scholars. In short, these two academicians have bought to the fore that the centralized system of economic development (under closed economy system) has failed to eradicate the poverty of the country, even after taking 60 years and spending hugs amount of money (resources), time and energy. Our rate of economic growth was hardly 3.5 per cent between the 1950 to 1990. Whereas the changes depicted in economic policy through reforms process, resorting to market driven economic structure, from the period 1991 to 2010, has helped to grow faster at 6 per cent, almost at double the rate and thus, these scholars have reaped the confidence in the heart of the people that we will reach our level of national income at 205 lakh crores by 2020, if we continue the system of liberalization in future. It is predicted by these scholars that at the end of Twelfth Five Year Economic Plan, in the year 2012, our rate of economic growth may reach at 12 per cent per annum at nominal rate.
Table of Contents
1. Policy Framework Of Indian Economy “ Economic Development With Human Face
2. Outlook And Perspective “ Larger Investment Needed isbn
9789350246351
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