"The present work traces the developments in Indian industry during the post-Independence period, explains the key reform measures undertaken for the development of industry in the wake of economic liberalisation and examines current issues pertaining to this vital sector of the Indian economy. The last decade of the 20th century was momentous in the economic history of India as it witnessed a successful transition of India from a controlled, inward looking, and slow growing economy to a liberalised and open economy that has now found a place amongst the fastest growing economies in the world. "

This book provides a comprehensive description and analysis of developments in various sectors of the Indian economy since Independence. It particularly focuses on reform measures undertaken since 1991. The areas covered are: human resource, five year plans, economic reforms, agriculture, industry, infrastructure, fiscal policy, money and prices, banking and finance, employment and labour welfare, social security, environment and foreign trade.

The agriculture sector occupies a key position in the Indian economy. It provides employment to about 65% of the working population of India. This work traces the developments in Indian agriculture during the post-Independence period, explaining the key reform measures undertaken for the development of agriculture in the wake of economic liberalization, and examines current issues pertaining to this vital sector of the Indian economy.

Provides a detailed analysis of the achievements and disappointments of the modern Indian economy, and an exploration of the issues which are shaping India's economic future. Offers a comprehensive overview of the state of India's economy in the twenty-first century and is essential for postgraduates and scholars interested in this area.