The 1991 liberalisation was India's biggest moment in its economic history after independence. As its effects began to percolate into how India lived and worked, the potential it had to lift the country and its millions out of the 'Hindu' rate of growth began to become apparent. Thirty years later, we seem to be on the cusp of a different story. In India after Liberalisation, Bimal Jalan offers a wide-angle view of how liberalisation has shaped up over the intervening decades. What emerges is the story of a country best placed to catch the tide to high growth and a system that, time after time, fails to live up to the challenge of decision making. For any student of economic history or policymaker or participant, who wants to understand why we are where we are, this is a timely, telling and essential guide.

This book assesses the impact of liberalization on practices of government and relations between state and society. It is clear that liberalization as state policy has complex forms of regulation and deregulation inbuilt, and these policies have resulted in dramatic increases in productivity and economic wealth but also generated spectacular new forms of inequality between social groups, regions, and sectors. Through a detailed examination of the Indian state, the contributors - all experts in their respective fields - explore questions such as: Have the new inequalities resulted in greater social unrest and violence? How has the meaning of citizenship changed? What will the long-term effects of regional economic imbalances be on migration, employment, and social welfare? Will increasing federalism result in new problems? Will smaller governments be more effective in providing basic necessities such as clothing, housing, food, water, and sanitation to citizens? What does liberalization mean to Indians in cities and villages, in small towns, and metropolises, in poor, middle class, or wealthy homes? Are concepts like social capital, decentralization, private enterprise, and grass-roots globalization effective in analyzing the post-liberalization state, or are new concepts needed? By focusing on what specifically has changed about the state after liberalization in India, this volume will shed light on comparative questions about the process of neoliberal restructuring across the world. As such, it will be of interest to scholars of a variety of disciplines, including sociology, anthropology, political science, geography, international studies, public policy, environmental studies and economics.

Studies the changing political economy of India post liberalisation in the 90s.

Contributed articles.

Contributed articles.

In this commemorative volume, India's top business leaders and economic luminaries come together to provide a balanced picture of the consequences of the country’s economic reforms, which were initiated in 1991. What were the reforms? What were they intended for? How have they affected the overall functioning of the economy? With contributions from Mukesh Ambani, Narayana Murthy, Sunil Mittal, Kiran Mazumdar-Shaw, Shivshankar Menon, Montek Singh Ahluwalia, T.N. Ninan, Sanjaya Baru, Naushad Forbes, Omkar Goswami and R. Gopalakrishnan, India Transformed delves deep into the life of an economically liberalized India through the eyes of the people who helped transform it.

This book examines the key period of liberalisation in India from 1991 to 2008. It analyses the relationship between growth and liberalisation and, in particular, the recent ‘miracle growth rate’ and its sustainability in the current Indian economic environment. This book is a significant contribution to the growing debate on economic growth and liberalisation, and the broader subject of economic development in India and other developing countries.