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Understanding the Indian Economy from the Post-Reforms of 1991, Volume II - Anatomy of the Indian Economy (Paperback)
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Understanding the Indian Economy from the Post-Reforms of 1991, Volume II - Anatomy of the Indian Economy (Paperback)
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India evokes many images because the country is extremely
heterogeneous in its resource endowments, climate, languages, and
infrastructure. India provides a rich tapestry of economic and
social milieu: the 22 officially recognized languages spoken by the
population, with their many dialects; the caste system; and its
hoary history with its rich culture and traditions. India possesses
a wide and varied resource base, although domestic sources supply
only a third of the country's oil requirements at present. India's
economic performance has attracted considerable commentary and
controversy. Since 1950, India's approach to economic development
has been within the framework of a mixed economy, which has
resulted from both pragmatic and political considerations. The
objective of this book is to provide an understanding of the
economy with its nature and structure, dominance of unorganized
sector, natural resources, economic and social infrastructure,
demographic features, poverty, unemployment, inequality, national
income, saving and investment, role of noneconomic factors, and
sources of data. Despite being a part of the eight-volume series on
the Indian economy, this second volume in the series is in the
nature of an introductory essay designed to provide a succinct
nontechnical exposition of India's economic structure, performance,
and policies.
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