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This book, in its present 39th edition, has been extensively revised and updated on the basis of latest available information on the subject. Besides, additional reading material has been incorporated wherever necessary such as in respect of Eleventh Five-year Plan. The aim in doing all this has been to highlight the recent trends and developments in the economy as also the policy measures adopted by the Government to tackle them. This will help in better understanding of the subject-matter as also the evaluation of the progress of the country`s economy. The utility of the book will thus increase further.
To equip the reader with the analytical tools for understanding the Indian economy, the first two chapters explain the economics of underdevelopment and development. The next two chapters give an overview of the past and the present state of the Indian economy.
Considerable space is then devoted to the study of national income, its industrial origin and its distribution as also poverty. Sectoral problems bearing on agriculture, industry and services have been dealt with in detail.
Current problems like price-rise, deficit in government budgets, deficits in balance of payments, unemployment, farm-size and efficiency, industrial sickness, foreign direct investments, debt burden, convertible rupee system, privatisation of public sector etc. have been given due place and analysed in detail. Planning and its various aspects have been comprehensively explained. These include: features and objectives of planning; centralised and decentralised planning; strategy of development; financing of plans; progress under planning with a section evaluating the Tenth Plan. A separate chapter deals with the main aspects of the Eleventh Plan. The last chapter of the book highlights India`s place in the world economy. Latest information on the current major issues have been added through data tables in the Appendix.
The book would be extremely useful to students preparing for degree courses in Indian universities as well as to the candidates of various professional and competitive examinations. To help them in their studies, several questions corresponding to various chapters, have been appended at the end of the book. ISBN - 9788122435870
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Pages : 844
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